Unforseen

Suppose you have an investment firm,

If you adopt AMC for your firm but not claim GIPS, then you can use simulated performance.

If you want to claim GIPS for your firm, then even AMC does not stop you from using simulated performance, GIPS provisions forbid you to do so.

There is no right or wrong, only depends on which rule you apply on your firm.



Please correct me if I am wrong on this. thx