What are 'Global Investment Performance Standards - GIPS'

Global investment performance standards (GIPS) are ethical standards to be used by investment managers for creating performance presentations that ensure fair representation and full disclosure of investment performance results. Global Investment Professional Standards were created by the Chartered Financial Analyst Institute and governed by the GIPS Executive Committee. They are standardized guidelines for reporting the ability of an investment firm to make profits for investors.

BREAKING DOWN 'Global Investment Performance Standards - GIPS'

The GIPS is put out by the Ch

artered Financial Analyst Institute (CFA Institute), formerly known as the Association for Investment Management and Research (AIMR). These principals were designed so potential investors could compare investment firms around the world. The standards were originally introduced in 1999 but have been developed since 1980.

RELATED TERMS
  1. CFA Institute

    Formerly known as the Association for Investment Management and ...
  2. Performance Audit

    An audit performed on an asset manager by an outside accounting ...
  3. Certificate in Investment Performance ...

    A certificate which signifies competency in the area of evaluating ...
  4. Accounting Standard

    A principle that guides and standardizes accounting practices. ...
  5. International Accounting Standards ...

    An older set of standards stating how particular types of transactions ...
  6. Accounting Standards Committee ...

    A former organization under the Consultative Committee of Accountancy ...
Related Articles
  1. Small Business

    A Guide To Global Investment Performance Standards

    Is your investment management firm GIPS compliant? Learn more here.
  2. Financial Advisor

    Is Your Investment Manager Skilled Or Lucky?

    Being familiar with composite presentations will help you better assess the quality of an investment manager's performance.
  3. Financial Advisor

    Study Does Not End After The CFA

    Getting your CFA is an admirable achievement, but it doesn't end there. Find out what is expected of CFAs after they become charterholders.
  4. Financial Advisor

    CIPM: The Key To A Niche Career In Finance

    The prestigious CIPM designation can give you an edge in the finance world. Here's what you need in order to get it.
  5. Managing Wealth

    Asset Manager Ethics: Valuation Is A Tricky Business

    Asset managers must accurately represent all of a clients assets in the client portfolio. This can be tricky for unique and hard-to-value assets.
  6. Financial Advisor

    Asset Manager Ethics: Acting Professionally and Ethically

    To aid managers in understanding the requirements for ethical and professional behavior, we offer some basic guidelines.
  7. Personal Finance

    An Introduction To The CFA Designation

    The CFA designation is seen as the key certification for investment professionals. Find out what the CFA signifies for candidates and investors.
  8. Personal Finance

    What To Expect On The CFA Level III Exam

    The Level III exam is one of the tougher exams for the CFA. Read this to give yourself a little insight.
  9. Financial Advisor

    The Gatekeepers: Consultants Hold The Key

    Institutional investment consultants help match up asset managers with large institutions.
  10. Personal Finance

    Standards And Ethics For Financial Professionals

    Scandals and fraud have given financial professionals a black eye. Learn how to avoid typical ethical dilemmas.
RELATED FAQS
  1. Which of the following statements is (are) true with respect to the key characteristics ...

    The correct answer is: a) (I) is incorrect. The rule is that if the Standards are more strict than local laws, yet they are ... Read Answer >>
  2. What are the benefits of hiring a Chartered Financial Analyst (CFA) to be my financial ...

    Find out what the CFA charter is. Understand the benefits of hiring a Chartered Financial Analyst as a personal financial ... Read Answer >>
  3. Are investments in the drug sector appropriate for ethical investors?

    Explore the question of whether investments in the pharmaceutical industry are appropriate for investors who wish to pursue ... Read Answer >>
  4. Can I still pass the CFA Level I if I do poorly in the ethics section?

    You may still pass the Chartered Financial Analysis (CFA) Level I even if you fare poorly in the ethics section, but don't ... Read Answer >>
Hot Definitions
  1. 403(b) Plan

    A retirement plan for certain employees of public schools, tax-exempt organizations and certain ministers. Generally, retirement ...
  2. Master Of Business Administration - MBA

    A graduate degree achieved at a university or college that provides theoretical and practical training to help graduates ...
  3. Liquidity Event

    An event that allows initial investors in a company to cash out some or all of their ownership shares and is considered an ...
  4. Job Market

    A market in which employers search for employees and employees search for jobs. The job market is not a physical place as ...
  5. Yuppie

    Yuppie is a slang term denoting the market segment of young urban professionals. A yuppie is often characterized by youth, ...
  6. SEC Form 13F

    A filing with the Securities and Exchange Commission (SEC), also known as the Information Required of Institutional Investment ...
Trading Center