Ethical and Professional Standards 【Reading 3】Sample
The Global Investment Performance Standards (GIPS) were designed to apply primarily to which of the following groups? A)
| Investment management firms located in countries without locally accepted investment standards already in place. |
| B)
| Investment firms located in the 21 countries that have contributed significantly to promoting and developing the GIPS. |
| C)
| Investment management firms located worldwide that seek to comprehensively and accurately present historical investment performance. |
|
The GIPS were designed to become “the” worldwide standard for all investment firms seeking to present historical investment performance. |