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GIPS

The Global Investment Performance Standards: a voluntary framework for calculating and presenting performance consistently. Compliance removes a category of objection about how numbers were produced.

GIPS — The Global Investment Performance Standards: a voluntary framework for calculating and presenting performance consistently. Compliance removes a category of objection about how numbers were produced.

GIPS compliance is voluntary and costly to implement, which is exactly why it functions as a credibility signal — a manager who has gone through third-party verification of GIPS-compliant performance reporting has demonstrably subjected its numbers to independent scrutiny most managers haven't.

Frequently asked questions

Is GIPS compliance required?

No, it is entirely voluntary, which is part of why it functions as a meaningful differentiator — managers who adopt it have chosen a higher, independently verifiable reporting standard.

Does GIPS compliance guarantee good performance?

No — it governs how performance is calculated and presented consistently, not whether the performance itself is strong. It's a standard of honesty and comparability, not a quality score.

Nothing on this page is legal, tax, or investment advice. SeRuM is not a registered broker-dealer, not a placement agent, and not an investment adviser.

Track record presentationRelated reading.DPIDistributions to paid-in capital: cash actually returned divided by capital drawn. The rea IRRInternal rate of return: a money-weighted return measure. Sensitive to the timing of cash

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