Sun, Jun 26, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

eVestment survey: hedge funds should plan to add GIPS compliance

Tuesday, August 21, 2018

Bailey McCann, Opalesque New York:

A just-released survey of institutional asset managers, consultants and investors confirms compliance with the Global Investment Performance Standards (GIPS®) is on the rise, with 84% of asset managers responding saying their firms are GIPS compliant. This is up from 72% who claimed compliance in 2014, the last time institutional investment analytics firm eVestment and consulting firm ACA Compliance Group conducted this survey of eVestment users.

The uptick in GIPS compliance is driven by investor and consultant activity, as 75% of investors and consultants responding to the 2018 survey said they exclude managers from searches some or all of the time if they do not claim GIPS compliance. This is up from two out of three investors/consultants who said they excluded managers from searches some or all of the time if they do not claim compliance with GIPS in the 2014 survey.

Asset manager size appears correlated with claiming GIPS compliance, with 72% of firms with AUM below $500 million claiming compliance, while 81% of firms with AUM over $20 billion claim compliance. 94% of asset management firms that claim compliance receive a verification, up from 87% who reported being verified in the 2014 survey.

"The survey results indicate a potential major shift for alternative managers, with three out of four consultant responses indicating that they expect to start requiring hedge fund and private equity managers to comply with the GI......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  2. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  3. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm

  4. Other Voices: The selloff is overdone[more]

    Authored by Heeten Doshi, founder of Doshi Capital Management. Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year

  5. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve