Firms comply with the Global Investment Performance Standards (GIPS®) to fulfill their ethical duty to fully disclose and fairly present performance to advance fair competitive practices within the industry and to respond to the demands of prospective clients and investors.
2020 GIPS Standards for Firms (PDF)
You can find the 2020 GIPS Standards for Firms on Amazon here
GIPS® Standards Handbook for Firms
The GIPS Standards Handbook for Firms includes an explanation of each provision contained in the GIPS Standards for Firms. Following each provision is a discussion that provides interpretive guidance to help readers understand the provision. Firms that choose to comply with the GIPS standards must comply with all applicable requirements of the GIPS® standards, including any Guidance Statements, interpretations, and Questions and Answers (Q&As) published by CFA Institute and the GIPS standards governing bodies.
Find the GIPS Standards Handbook for Asset Owners on Amazon here
Download the supporting calculations found in Section 2 of the GIPS® Standards Handbook for Firms
Download the supporting calculations found in Section 4 of the GIPS® Standards Handbook for Firms
Download the supporting calculations found in Section 6 of the GIPS® Standards Handbook for Firms
Which Firms Will Find the 2020 GIPS Standards More Relevant?
- Managers of alternative investment funds (hedge funds, private equity, real estate, etc.)
- Managers of broadly distributed pooled funds (mutual funds, UCITS, etc.)
- Private wealth firms
- Diversified asset management firms that have traditionally claimed compliance only for a subset of their business and want to extend compliance to their entire organization.
Tools and Resources
The following documents were created to help firms understand and implement the 2020 GIPS Standards.
GIPS® Trademark Usage Guidelines
" is a registered trademark of CFA Institute. The GIPS®
Trademark should be used in accordance with the GIPS® Standards Trademark Usage Guidelines