Challenges and Solutions for Hedge Fund Managers Considering the GIPS Standards
Historically, the Global Investment Performance Standards (GIPS®) have been tailored more toward the institutional, long-only asset manager. Many institutional investors such as endowments, foundations, and pension plans have been increasing their target allocations to include alternative assets as a larger component of a well-diversified portfolio. Investors are seeking greater transparency into how performance is calculated and frequently inquire in RFPs about GIPS compliance. Regulatory change, including the SEC’s new Marketing Rule is requiring managers to revisit how they present performance in their marketing and advertising.
To meet investor and regulatory demands, hedge fund managers and other alternative managers are increasingly embracing the GIPS standards as a solution. While this move towards acceptance of the GIPS standards in the alternative industry is a noteworthy trend, it is not without challenges.
Download our White Paper
Compliance is Easier Than You Think: Challenges and Solutions for Hedge Fund Managers Considering the GIPS Standards discusses some of the considerations that hedge fund managers must make when claiming compliance with the GIPS standards.
Join our Webcast Discussion
Join ACA’s Tanner Beverly, Rosellen Bounds, Shivani Choudhary, and Chase Frei for a webcast discussion on September 29, 2021, at 11 a.m. EDT to review how to claim compliance. During this webcast we will discuss the details covered in the series including:
• firm definition,
• discretion,
• composite construction,
• account and composite return calculations,
• GIPS Reports,
• portability, and
• supplemental information.
The presentation will be followed by an interactive Q&A with our team of performance professionals.
Compliance with the 2020 GIPS Standards
We have helped many firms in their efforts to claim compliance with the GIPS standards. For more information or questions, please reach out to your ACA consultant or contact us below.
Related Stories
Related insights
Navigating U.S. After-Tax Performance: Best Practices in Tax-Managed Strategies
Tax management strategies provide significant benefits that are not always clear in a standard performance methodology, but performance metrics are essential to accurately assess the strategy’s effectiveness.
- Performance
White Paper: SEC Marketing Rule, GIPS Standards, and FINRA RN 20-21 - What Sets Them Apart?
A practical guide to navigating key compliance standards for financial marketing.
- Performance
- SEC Marketing Rule
- GIPS Standards
Continued Demand for Credit Managers Who are GIPS Compliant
In recent years, demand for public and private credit firms to claim compliance with the Global Investment Performance Standards has increased.
- Performance