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 Global Investment Performance Standards (GIPS)

What are the GIPS standards?
The Global Investment Performance Standards (GIPS®) provide an ethical framework for the calculation and presentation of the investment performance history of an investment management firm. Investment management firms that comply with the GIPS standards allow clients, prospective clients, and consultants the best opportunity to fairly evaluate their past performance.

Who established the GIPS standards?

  • The GIPS standards were created and are administered by CFA Institute, the global, not-for-profit association of investment professionals that awards the Chartered Financial Analyst (CFA)® and Certificate in Investment Performance Measurement (CIPM)® designations.
  • Organizations in nearly 40 countries sponsor and promote the Standards

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The GIPS standards provide:

  • Firms with an ability to compete globally
  • Investors with the ability to make comparisons

 Canadian Investment Performance Council

The Canadian Investment Performance Council (CIPC) is recognized by the Global Investment Performance Standards (GIPS) Executive Committee as the official sponsor of the GIPS Standards for the Canadian market. The objective of the CIPC is to promote and advance the GIPS Standards in Canada, and to support its promotion internationally. Some of the CIPC's activities include reviewing guidance statements issued by CFA Institute, obtaining feedback from the Canadian marketplace and forwarding submissions to the Performance Standards bodies, including the GIPS Executive Committee.

CIPC Members

Karim Manaa (Chair)
Michael Formuziewich, CFA (Vice Chair)
Garvin Deokiesingh, CA, CFA (Past Chair)
Laura Bewick, CIPM, CFA
Janice Brunas, CA, CIPM
Hope Celani, CIPM
Viviane Dorval, CBV, CFA
Odrée Ducharme, CFA
Robert Dyck, CAIA, FRM
Denis Melekhov, CIPM
Manuel Tereso, CPA, CIPM, CFA
Jenny Tsouvalis

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 Latest News

Read the CIPC's comment letter on Proposed Amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations

Join the Canadian Investment Performance Council LinkedIn Group!

Staying Current with GIPS: Why Your Firm Needs To Review the 3rd Edition of the GIPS Handbook

 CIPC Nomination Form

Click here to access the 2013 CIPC nomination form.

 CIPC Documents

CIPC Minutes
Historical Documents
GIPS Resources