CFA Institute, the global association of investment management professionals, has released the 2020 edition of the CFA Institute Global Investment Performance Standards (GIPS®), set to take effect January 1, 2020. The GIPS standards are a set of standardized, industry-wide ethical principles that guide investment managers and asset owners on how to fairly calculate and present their investment results, with the goal of promoting performance transparency and comparability.
In 2018, the team within CFA Institute that oversees the GIPS standards became responsible for all industry codes and standards that apply to firms and asset owners. As of today, these other codes and standards include the Asset Manager Code, the Pension Trustee Code, and the Endowment Code. We will also be taking responsibility for other industry standards that are currently being developed. This change required us to change our current governance structure, including the current GIPS standards committees. Volunteers are actively being recruited to serve on the following CFA Institute committees. 

We are actively recruiting volunteers to serve on the GIPS Standards United States Investment Performance Committee (USIPC) as well as a new chairperson.  The USIPC serves as the United States GIPS Sponsor and acts as a forum for stakeholders of the GIPS standards. The USIPC is tasked with promoting the adoption, implementation, and development of the GIPS standards as industry best practice for calculating and presenting investment performance.

2010 Standards and Guidance

  • GIPS Handbook: The current edition of the GIPS standards with added interpretive discussion for each provision
  • Q&A Database: An extensive database of GIPS topics searchable by category, date, and/or keywords
  • Guidance Statements: Authoritative guidance on a particular topic or additional topic-specific requirements and/or recommendations
  • Exposure Drafts: Proposed guidance statements under development that have been released for public comment
  • Endorsed Translations of the 2010 GIPS Standards

Upcoming Events

23rd Annual GIPS Standards Conference
11-12 September 2019
Scottsdale, AZ
Conference Live Broadcast Schedule

2020 GIPS Standards Update
CFA Society Philadelphia 
26 September 2019 

Highlights of the 2020 GIPS Standards
CFA Society Boston
29 October 2019

4th Annual Performance and Risk Forum
CFA Society New York
18 November 2019