GIPS®: Global Investment Performance Standards Learn about the GIPS standards

When investment firms follow global standards for presenting investment performance, it gives investors the transparency they need to compare and evaluate investment managers.

The Global Investment Performance Standards (GIPS) is a set of standardized, industry-wide ethical principles that guide investment firms on how to calculate and present their investment results to prospective clients.

Who Should Adopt GIPS Standards?

  • Investment firms
  • Investment managers

Why Adopt GIPS Standards?

The GIPS standards

  • Are a rigorous set of investment performance measurement standards adopted in 37 countries and recognized globally.
  • Enable investors to directly compare one firm’s track record with another firm's record.
  • Include composite presentation, improving transparency by eliminating survivorship biases, misrepresentations and historical data omissions.
  • Evolve to address issues that arise in a dynamic investment industry.
  • Incentive firms to invest significant time and resources into internal risk-control mechanisms and setting performance benchmarks — the hallmarks of reliable long-term success. (To claim compliance, an investment firm must demonstrate adherence to comprehensive rules governing input data, calculation methodology, composite construction, disclosures, and presentation and reporting.)

How Can I Learn More About GIPS Standards?