Frequency or performance reporting

CFA Level III
#1

Am I right in saying that Asset management Code rewuires a minimum of quarterly reporting and GIPS requires a minimum of Monthly? If so, what a screw up! Such inconsistencies…

#2

manstey Wrote: ------------------------------------------------------- > Am I right in saying that Asset management Code > rewuires a minimum of quarterly reporting and GIPS > requires a minimum of Monthly? If so, what a screw > up! Such inconsistencies… It is quarterly for client statements detailing all transactions, fees, etc. correct? The composites must be done monthly now. Theoretically you could make a composite easier than client statements, however at this point I have yet to see a firm that hasn’t gone to monthly in the real world. It is ambiguous at best.

#3

Correct, therefore you can comply with the Asset Manager Code without being GIPS-compliant.

#4

GIPS is voluntary.

#5

bpdulog Wrote: ------------------------------------------------------- > GIPS is voluntary. So is the Asset Manager Code!

#6

so is the CFA designation , actually