Kreischer Miller’s Thomas Peters Presenting at CFA Society Philadelphia’s GIPS 2020 Update Luncheon

On June 30, CFA Institute released a new version of the GIPS standards to enhance their application to all asset classes (including alternative investment funds/strategies), to better address pooled funds, and to consolidate guidance issued since the 2010 version was released.

The GIPS standards play an important role in the manager selection process. When asset owners and consultants demand a GIPS compliant report, they have assurance that the manager’s track record is accurate and can be easily compared against other managers’ track records. Asset owners also claim compliance with the GIPS standards to enable comparability of internally and externally managed mandates and to ensure that performance reports presented to beneficiaries, sponsors, and oversight bodies are accurate.

Investment Managers benefit from the GIPS standards too. The GIPS standards assure managers they are competing on a level playing field when it comes to reporting their investment performance. Managers claim compliance with the GIPS standards in order to compete for global mandates and to show their commitment to ethics and market integrity.

Join a panel of experts at the Conshohocken Marriott for a lively discussion about GIPS 2020 and its impact on the investment industry.

Kreischer Miller’s Thomas Peters, who is a member of the GIPS Executive Committee, will be a speaker at this event.