Will GIPS Compliance Become The Norm For Alt Asset Managers In 2020?

With the 2020 GIPS (Global Investment Performance Standards) public comment period having come to a close, asset managers around the world are preparing to comply with the updated standards, the first update in a decade. Global consulting firm ACA recently conducted a survey on GIPS compliance preparedness with eVestment, which found that alternative asset managers like hedge funds and private equity firms are expected to increase their adoption of GIPS in 2020 as they’re finding greater demand from clients to do so. Key findings include: