|
Today most investors expect firms to be GIPS® compliant and rely on performance reports that are both accurate and verified. Where does GIPS® stand today and what do clients care most about? At a conference in Luxembourg, Iain MacAra, Director at CFA (Chartered Financial Analyst), Global Investment Performance Standards (GIPS®) spoke to LFF about these global standards.
What does GIPS® stand for?
Literally what it stands for: Global Investment Performance Standards*. It is a voluntary set of standards that govern the calculation and the presentation of investment results. It is a little bit more than that as well. It has some specific requirements about valuations and the way you should interpret the input data that goes into coming...
|