Newsletter Archive: November 2007
GIPS Newsletter
GIPS Standards Conferences and Workshops
The next GIPS standards interactive workshops are scheduled for 6 December 2007 in Los Angeles, and 21 February 2008 in Stamford, CT. These workshops help participants master the components of the GIPS standards, including composite construction, performance calculation, and creation of compliant presentations.
Executive Committee's Statement on Mandatory Verification
At the GIPS Executive Committee meetings in September, the members of the EC made a decision regarding mandatory verification; view the Executive Committee's statement online.
Global Expansion
The CFA Association of Pakistan and the Kazakhstan Association of Financial and Investment Analysts have been endorsed by the GIPS Executive Committee as the newest GIPS country sponsors. With these additions, there are now 29 country sponsors. An updated list of country sponsors can be found on our website.
Highlights from the Annual
Catch highlights from the sold out 2007 GIPS Annual Conference in Chicago. Hear from Bill Meck of the SEC, and others to be available soon, including Stephen Campisi, CFA. Webcasts of select presentations from the conference are available through the CFA Institute webcasts site.
Current Volunteer Openings
There are currently four working groups in formation to research and develop a plan for the following areas:
- Private Equity: Private equity practitioners are sought to provide further review of the provisions in the Standards on the presentation of private equity
- Real Estate: Real estate practitioners are needed to review the provisions in the Standards on the presentation of real estate investments
- Risk: There is interest in further exploring risk (measures, presentation, etc.) as it pertains to the GIPS standards. Volunteers in this group will discuss how risk can be incorporated within the Standards
- Alternative Investment Strategies: The scope of this project has been defined and expected output includes guidance on the application of the Standards to alternative strategies, including hedge funds
Additionally, the Investor/Consultant Subcommittee is seeking to fill a vacancy: The ideal candidate will have expertise and be able to represent issues specific to investors (e.g., pension plans and other institutional investors) and investment consultants. The Standards were created to benefit investors and it is important that these stakeholders continue to have a strong voice in the development of the Standards.
E-mail standards@cfainstitute.org to volunteer for any of these important roles.
Your Feedback Welcome
We provide this occasional update to share news and information about the GIPS standards with country sponsors, volunteers, and subscribers. If you prefer not to receive future newsletters from us, or if you have comments or suggestions regarding the Standards, please write to standards@cfainstitute.org.