Q & A Database

The GIPS Standards Q&A database contains questions and answers (Q&As) on various searchable topics that provide additional interpretation on an issue. Q&As are considered to be authoritative guidance and must be followed in order to claim compliance with the GIPS standards.

Content from prior Q&As was included in the GIPS Standards Handbook as much as possible and many Q&As were archived. Change the Status drop-down filter to "Archived" to see the archived Q&As.

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Effective

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1 Result

Archived

Effective: 1 January, 2014 - 31 December, 2019

Categories: Portability

Source: GIPS Executive Committee

Firm X hires an entire investment team responsible for a successful emerging markets strategy in order to establish an identical investment strategy at Firm X. Some of the assets in the emerging markets composite moved with the investment team and the investment process for the strategy will remain intact and independent in Firm X. Can firm X link the performance of the investment team and comply with the GIPS standards?

Firm X must link the historical performance to its new emerging markets composite only if Firm X has the records of the emerging markets composite sufficient to support the performance history of the entire emerging markets composite. If the records are not readily available, Firm X can seek permission of the team’s previous firm to obtain copies or try to obtain them from third parties who may have retained the records such as clients, custodians, or consultants.

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