Standards promote fairer cross-border competition

Senior manager, Investment Management Group with PricewaterhouseCoopers on performance presentation standards for investment managers.

Marie-Anne KongHow many of us have heard of PPS, Performance Presentation Standards or GIPS - Global Investment Performance Standards

Recognizing the need for promoting uniformity in reporting investment performance, the Association for Investment Management and Research AIMR in the US developed and introduced PPS in 1993. These standards allow investors to directly compare the performance of different investment managers, helping to build an environment of credibility and trust in the investment industry.

Popularity of the standards has spread rapidly...

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