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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ArchivedEffective: 1 June, 2005 - 31 October, 2012Categories: Cash FlowSource: Investment Performance Council (IPC)
What factors should we consider when determining what is a large external cash flow?
Instead of defining a specific percentage or dollar amount, the firm must determine in advance what is considered to be a large cash flow. The definition of “large” may be influenced by the characteristics of the asset class(es) within the strategy, such as asset market liquidity, market volatility, and/or by the trading capabilities of the investment manager.
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