News & Events


Jonathan Boersma, CFA, recently spoke with Kelly Palmer, director Corporate Citizenship, about the history and future of the GIPS Standards. Watch the interview: Transparency and Fairness: Celebrating 30 Years of Performance Standards 

It's no wonder risk management is awash in many creative and innovative approaches to both measuring and managing different types of risk. The type of person attracted to the field relishes creative technical expression. But the same dynamic that calls for a growing spectrum of risk measures hampers its benefit to investors themselves.

The authors believe this dynamism – necessary for idiosyncratic risk management – can be retained, while adhering to risk reporting standards that would benefit managers and investors alike.

Such standards would be universally applied across asset management, much as the Global Investment Performance Standards (GIPS) helped create norms for performance reporting.
2 January 2017
In today’s aggressive regulatory climate, “that’s how everyone does it” is not enough to exonerate an investment manager whose employee accidentally typed the wrong performance number into a marketing or client presentation as he or she headed out the door. At the very least, industry best practices that are still being developed are likely to become the “new normal,” and if better processes were available, it will be incumbent on the firm to explain why they were not employed. 

This article discusses the last mile problem: how it manifests in most investment advisory firms; common examples of operational, regulatory and legal risk events; and how investment advisers can use technology to reduce errors in investment results reporting caused by manual processes.
IAA Newsletter, Compliance Corner - January 2016
15 January 2016
The Global Investment Performance Standards (GIPS®) are a set of standardized, industry-wide ethical principles that provide investment management firms with guidance on how to calculate and report their investment results to prospective clients. Investment managers voluntarily choose to abide by the GIPS standards—compliance is not mandated by any law or regulation. For many years, GIPS compliance has been seen as an essential ingredient that can make or break a firm’s marketing efforts in terms of winning new mandates and maintaining institutional clients.
Investment Adviser Association Newsletter - April 2015
15 April 2015