Carl Bacon receives the CFA Institute Award for Leadership in Professional Ethics and Standards of Investment

1 October 2019

Carl Bacon receives the CFA Institute Award for Leadership in Professional Ethics and Standards of Investment

On the 11th September 2019, at this year’s GIPS® Annual Conference in Scottsdale, Arizona, Carl Bacon CIPM, Chief Advisor at StatPro Group was honored by the CFA Institute Board of Governors for his exemplary contribution to the investment profession.

The awards set out to recognize an individual’s outstanding leadership, impactful contributions, long-standing service, and commitment to ethics and standards.

Carl was honored for his pursuit of excellence in professional ethics and standards of practice as well as demonstrating outstanding leadership in advocating the integrity and competence of the profession.

Founding member of the Investment Performance Council and the Global Performance Presentation Standards Subcommittee, Carl is also chair of the GIPS® Executive Committee as well as being a member of the advisory board of the Journal of Performance Measurement. He is a Chief Advisor at StatPro Group plc and runs his own consultancy business providing advice to asset managers on various risk and performance measurement issues. He is also founder of the Freedom Index Company.

Carl is well regarded in the industry as a performance expert and has been an integral player in the GIPS® standards for the past 25 years. He actively promotes the standards at conferences and events and carries out performance measurement training globally. He is also the author of Practical Performance Measurement & Attribution and Practical Risk-Adjusted Performance Measurement and editor of Advanced Portfolio Attribution Analysis.

Leilani Hall, Managing Director, Chief Compliance, Risk & Ethics Officer of CFA Institute said, “Global market dynamics and the constant expansion of investment options and strategies make rigorous global standards essential for transparency and measurement of risk and return. Throughout his career, Carl has been a preeminent innovator in the field of performance measurement. His contribution to the development of the GIPS Standards, including the current 2020 GIPS standards, has been integral to their adoption by over 1,700 organizations around the world. This award is due recognition for his dedication and leadership in championing standards of excellence that preserve the integrity of the investment industry.”

Carl Bacon, CIPM, StatPro Chief Advisor said, “I’m delighted to accept this award which in my view reflects the success of GIPS® and the increasing value of the CIPM designation.”

 

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 167,000 CFA charter holders worldwide in 164 countries and regions. CFA Institute has nine offices worldwide and there are 156 local member societies.

About StatPro

StatPro Group (www.statpro.com) provides cloud-based portfolio analytics, asset data services and data management tools for the global asset management industry and asset management service providers.

The Group has 10 offices in Europe, North America, South Africa and Australia, servicing 450+ clients in 38 countries. It is organised into three divisions: Revolution, Source: StatPro and Infovest.

Revolution is a global provider of award-winning portfolio analytics solutions. The cloud-based platform offers vital analysis of portfolio performance, attribution, risk and compliance. Revolution helps clients reduce costs, improve client communication and control investment decisions.

Source: StatPro is a global market data business and provides Data-as-a-Service to Revolution to enable analytics. The division’s integrated and global data coverage includes millions of securities covering the full range of financial instruments and benchmarks.

Infovest supplies data management solutions for the global asset management market, including data warehouse technology, ETL, compliance and reporting tools, as well as portfolio management solutions.

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