Posts Tagged: GIPS

A composite is an aggregation of one or more portfolios managed according to a similar investment mandate, objective, or strategy and is the primary vehicle for presenting performance to prospective clients. The firm must include all actual, fee-paying, discretionary portfolios in at least one composite. Composites must include all portfolios that meet the composite definition…. Read more » Read more…

StatPro recently joined Australia’s Financial Services Council, the peer organization that represents Australia’s retail and wholesale funds management businesses, superannuation funds, life insurers and financial advisory networks. And I’m sure such concerns play out across other markets and regions, including Asia. Yet it remains important to reiterate the benefits of GIPS. At their core, GIPS provide Read more…

Industry Training Best Practices. Your firm’s performance and credibility are critical to maintaining clients and attracting new ones. It’s not an outrageous exaggeration to say not having GIPS compliance up to snuff might put you way behind the competition. In a post-Madoff market where your clients expect a higher standard of ethics for performance and risk transparency Read more…

Our webinar on GIPS compliance raised some interesting questions that got us thinking: why should asset managers comply with GIPS? On the flip side of that coin, what is it about not complying with GIPS that worries asset managers? In a word, the answer is: uncertainty. Although we see a clear and present necessity for the adoption Read more…

by guest blogger – David Spaulding, President of The Spaulding Group. Today we return with a look at changes to return and risk calculations. Return and risk calculations. There have been several changes introduced which deal with how returns are calculated. The 2005 and 1999 editions of GIPS had  Read more…

by guest blogger – David Spaulding, President of The Spaulding Group. Today’s post will discuss disclosing compliance. Disclosing compliance. The claim of compliance statement has been changed (see ¶ I.4.A.1); it now reads: [Firm name] claims compliance with the Global Investment Performance Standards (GIPS®)  Read more…