Description

Presentation of an investment firm’s past performance can be a powerful tool for attracting new clients. To promote fair representation and greater comparability in performance presentations, CFA Institute created the Global Investment Performance Standards (GIPS® standards). Many investment firms’ claim of compliance with these standards has been regarded as providing a competitive advantage. The CFA Institute is currently working to update the GIPS Standards in preparation of a new edition effective in January 2020. In this panel, CFA Institute representatives and expert practitioners will provide an update on the status of the GIPS 2020 project.
Learning Objectives:
• Discuss the guidance currently in the workings for private funds, and the new provisions for asset owners and broadly distributed pooled funds.
• Provide an update on the guidance that is being developed on GIPS verification and performance examinations, which may affect the work of practitioners that engage in attestation engagements under AICPA’s Statement of Position 12-1, “Reporting Pursuant to the Global Investment Performance Standards”

Speaker(s):

• Amy Jones, CIPM, Founder and Principal, Guardian Performance Solutions, LLC
• Antonella Puca, CPA/ABV, CFA, CEIV, Senior Director, Alvarez & Marsal LLC
• Ken Robinson, CFA, CIPM, CPA, PFS, Director, Global Investment Performance Standards, CFA Institute