Global Investment Performance Standards
Developed by the CFA Institute, GIPS® are a set of ethical standards used for the presentation and calculation of investment performance, designed to ensure fair representation and full disclosure of a fund manager’s performance information.
UBL Fund Managers – the first AMC to become GIPS® compliant
In 2010, UBL Fund Managers successfully implemented the Global Investment Performance Standards (GIPS®) for the performance presentation of its funds under management. This is inline with our commitment to provide world-class investment management services as well as transparent and fair performance reporting to our investors.
Pakistan is amongst the 30 countries in the world to adopt GIPS®, and UBL Fund Managers is the first Asset Management Company to achieve GIPS® compliance in the mutual funds industry in Pakistan. Our GIPS® compliant status has independently been verified by KPMG Taseer Hadi & Co. Pakistan.
For our clients, the implementation of GIPS® means access to complete, transparent and unbiased performance information at par with globally recognized presentation standards.
About Global Investment Performance Standards (GIPS®)
Developed by the CFA Institute headquartered in USA, GIPS® are a set of ethical standards used for the presentation and calculation of investment performance, and designed to ensure fair representation and full disclosure of a fund manager’s performance information.
GIPS® provide an ethical foundation and self-regulated means to communicate performance figures to prospective and current clients and are designed to provide such clients with adequate performance information to ensure that informed investment decisions are made.
For more information about GIPS® standards please visit www.gipsstandards.org