Sharechat Logo

CFA founder appointed as GIPS Council chair

Monday 12th July 2010

Text too small?

Chartered Financial Analyst (CFA) Louis Boulanger, one of the founders and first president of the society, has recently been elected Global Investment Performance Standards (GIPS) Council chair.

Boulanger's two-year term as GIPS Council Chair will begin on 1 September 2010.

The GIPS Council is a global forum of representatives from 32 countries sponsoring the GIPS, a set of standardised, industry-wide ethical principles that provide investment firms with guidance on how to calculate and report their investment results to  prospective clients.

Council members are responsible for appropriately representing their local market, developing GIPS initiatives and ensuring the information flow between country sponsors is seamless.

An actuary, Boulanger has also been a CFA charterholder since 1997. 

CFA Institute created and administers the GIPS standards and partners with local country sponsors around the world to promote the GIPS standards.

The GIPS standards are voluntary and are based on the fundamental principles of full disclosure and fair representation of investment performance results.

Global standardisation of investment performance reporting gives investors around the world the additional transparency they need to compare and evaluate investment managers.



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Telecom will offer CEO and senior managers performance equity grants to boost profits
Former Fonterra executive Alison Andrew appointed to head Transpower
MRP director Miller, CFO Meek go trawling for cheap shares
Rob Fyfe to leave Trilogy board, seeks new senior role in NZ
David Ross appears at District Court hearing, remanded until Aug.29
Crown drops charge against ex-SCF finance chief Graeme Brown
Postie Plus appoints No 1 Shoes executive Binns as new CEO
Pumpkin Patch CEO Neil Cowie resigns to take job with rival retailer
George Alexander Louis
Time to Move Before You Get Caught in the Meridian Watershed