Which of the following statements is a key characteristic of the Global Investment Performance Standards (GIPS) The GIPS standards:()
A: rely on the integrity of input data.
B: consist of required provisions for firms to follow to achieve best practice.
C: must be applied with the goal of achieving excellence in performance presentation.
A: rely on the integrity of input data.
B: consist of required provisions for firms to follow to achieve best practice.
C: must be applied with the goal of achieving excellence in performance presentation.
举一反三
- All of the following are titles of one of the eight sections of the Global Investment Performance Standards (GIPS) EXCEPT : A: Presentation and Reporting. B: Input Data. C: Implementation.
- Which of the following is NOT a reason for the creation of the Global Investment Performance Standards (GIPS standards)() A: to improve investment performance as managers diversify internationally. B: the need for consistent performance measurement due to the globalization of financial markets. C: to allow investment clients to more easily compare investment performance.
- Which of the following was NOT a motivation for creating the Global Investment Performance Standards (GIPS) A: Increase the role of government agencies in the investment industry. B: Achieve greater uniformity and comparability among presentations of performance. C: Improve the service offered to investment management clients.
- According to the Global Investment Performance Standards (GIPS):() A: firms may not set minimum asset levels for portfolios to be included in a composite. B: composites must be defined according to similar investment objectives and/or strategies. C: terminated portfolio must be excluded in the historical returns of appropriate composites.
- As countries adopt the Global Investment Performance Standards ( GIPS), which of the following is least likely to occur A: The trend toward cross country investments will decline. B: Competition in the global investment industry will be enhanced. C: Existing and potential clients will be able to make fair and unambiguous comparisons among investment firms.