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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Archived

Effective: 1 November, 2012 - 31 December, 2019

Categories: Disclosures

Source: GIPS Handbook, 3rd Edition

Firm B manages money for both retail and institutional clients. An autonomous group, “Firm B Institutional Investment Management,” manages institutional assets. Another autonomous group, “Firm B Retail Investors” manages retail assets. How should “Firm B Institutional Investment Manager” disclose its firm definition if it holds itself out to clients and prospective clients as a distinctive business entity which focuses only on institutional asset management?

Sample Disclosure: “For the purpose of complying with the GIPS standards, the firm is defined as Firm B Institutional Investment Management, the institutional asset management division of Company B.”

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