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.
The GIPS Standards Helpdesk is available for individual questions and typically responds to inquiries within 3 business days.
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ArchivedEffective: 1 June, 2005 - 31 December, 2019Categories: Non-fee-paying PortfoliosSource: Investment Performance Council (IPC)
We do not include non-fee-paying portfolios in our composites. Do we have to include non-fee-paying portfolios in total firm assets?
Yes, both fee-paying and non-fee-paying portfolios must be included in total firm assets.