Global Investment Performance Standards


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Global Investment Performance Standards

A code of ethical conduct in financial reporting. The CFA Institute puts out the GIPS and all members agree to abide by them. The GIPS seek to promote transparency and honesty in financial analysis. An important component of the GIPS is the concept that the money manager must report all discretionary accounts he/she controls, not simply those that perform well.
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Significantly, the IPC will encourage worldwide implementation of the Global Investment Performance Standards (GIPS) adopted last year by the Association for Investment Management Research (AIMR), a nonprofit organization of financial analysts, portfolio managers, and other investment professionals from 95 countries: The GIPS is a set of ethical standards for investment performance reporting that addresses fair representation and disclosure of an investment firm's performance history.
NCB Capital, a provider of investment services in the Middle East, has announced that it has been verified officially for its compliance with the Global Investment Performance Standards (GIPS).
Northern Trust (Nasdaq:NTRS) declared on Thursday that it is now offering Global Investment Performance Standards (GIPS) compliant reporting direct to asset owners.
Belmont Capital Group said it has been independently verified as compliant with the Global Investment Performance Standards (GIPS) for the period of October 1, 2010 through December 31, 2014.

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