About Lesson
Some of the key features of GIPS standards are:
a. These are the ethical standards to ensure full disclosure and fair representation
b. The firms should include all actual, fee-paying, and discretionary portfolios in at least one composite
c. Relying on the integrity of input data, there should be adherence to certain calculation methodologies and specific disclosures with regards to the firm’s performance.
d. The firms must comply with all requirements including updates and guidance statements