On June 30th, 2019, the 2020 edition of the Global Investment Performance Standards (GIPS®) will be released.
Anticipated updates to the GIPS standards include:
- Expanded ability to use money weighted returns versus time weighted returns
- Enabling firms to present pooled fund specific performance
- Ability to once again allocate cash to carve outs
- Provisions specifically tailored to asset owners
WHAT DOES THIS MEAN FOR MY ORGANIZATION?
Over the next few months, Fairview Performance Services will be issuing Flash Reports on different topics within the 2020 GIPS standards that may impact your organization. We are committed to working with our clients to ensure all changes that impact them are understood and a plan is established to ensure continued compliance with the GIPS standards. Contact us directly with any questions about the 2020 GIPS standards.