GIPS®

FINRA IRR & How it Relates to the GIPS Standards

FINRA IRR & How it Relates to the GIPS Standards The Financial Industry Regulatory Authority (FINRA) released a regulatory notice allowing asset managers to present internal rates of return (IRR) in marketing materials, under certain circumstances. A key requirement for presenting IRR for an investment with ongoing operations is that the calculation must be [...]

2021-09-16T08:54:14-05:00 September 17th, 2021|Flash Reports, GIPS®, News|

Inaccurate Performance Information Leads to SEC Charges

Inaccurate Performance Information Leads to SEC Charges WHAT HAPPENED? The SEC recently settled with a registered investment adviser that posted false statements and misleading performance data on its public website. The adviser also had referral relationships with bloggers but did not make required investor disclosures about these connections. The [...]

2021-06-24T11:49:18-05:00 June 24th, 2021|Flash Reports, GIPS®, News|

Annual GIPS® Notification Renewal Due June 30, 2021

Annual GIPS Notification Renewal Due June 30, 2021 Firms and asset owners claiming compliance with the Global Investment Performance Standards (GIPS®) are required to notify CFA Institute of their claim of compliance annually by June 30. The required information is minimal, including: Primary and secondary contact details. Firm or asset [...]

2021-06-02T09:48:20-05:00 June 2nd, 2021|Articles, Flash Reports, GIPS®, News|

10 Takeaways From CFA Institute’s Guidance on Benchmarks for Firms

10 Takeaways From CFA Institute’s Guidance on Benchmarks for Firms The 2020 Global Investment Performance Standards (GIPS®) require firms to choose an appropriate total return benchmark, when available, for every composite and pooled fund. This information must be presented in the firm’s GIPS Reports. Benchmarks are used as a reference [...]

2021-04-09T08:17:01-05:00 April 8th, 2021|Articles, Flash Reports, GIPS®, News|

GIPS® Standards Case Study: One Asset Owner’s Efforts to Attain Compliance

GIPS® Standards Case Study: One Asset Owner’s Efforts to Attain Compliance Asset owners are a growing faction of entities seeking to attain compliance with the Global Investment Performance Standards (GIPS®). As compliance with the standards becomes more essential in building business partnerships and preparing for the future of capital markets, more [...]

2021-03-02T11:18:38-05:00 February 26th, 2021|Articles, Flash Reports, GIPS®, News|

The SEC’s New Marketing Rule: Here’s What You Should Know Now

The SEC’s New Marketing Rule: Here’s What You Should Know Now WHAT HAPPENED? On Dec. 22, 2020, the U.S. Securities and Exchange Commission unanimously voted to pass proposed amendments to the advertising and cash solicitation rules, along with updates to other requirements for registered investment advisers. The formerly separate rules are [...]

2020-12-23T12:37:04-05:00 December 23rd, 2020|Articles, Flash Reports, GIPS®, News|

Performance Practice Leader of Fairview Appointed to CFA Institute’s ESG Verification Subcommittee

Performance Practice Leader of Fairview Appointed to CFA Institute’s ESG Verification Subcommittee We are pleased to announce that, this month, Fairview Performance Service’s Vice President and Performance Practice Leader, Greta Nathan, begins her term on CFA Institute’s ESG Verification Subcommittee. CFA Institute issued a Consultation Paper on the Development of [...]

2020-11-16T14:04:56-05:00 November 16th, 2020|Flash Reports, GIPS®, News|

9 Important Highlights from the 2020 GIPS Standards Conference

9 Important Highlights from the 2020 GIPS Standards Conference Late last month, CFA Institute held its 24th Annual Global Investment Performance Standards (GIPS®) Conference virtually. The event was an opportunity to capture important information from industry experts and focused on the 2020 GIPS standards, which are effective for firms claiming [...]

2020-11-24T15:57:25-05:00 November 10th, 2020|Articles, Flash Reports, GIPS®, News|