PIF announces voluntary compliance with the Global Investment Performance Standards from CFA Institute zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
PIF adopts global investment performance standards for enhanced transparency arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia’s Public Investment Fund (PIF) announced on Monday its voluntary compliance with the Global Investment Performance Standards (GIPS®) from CFA Institute, demonstrating its ongoing commitment to global best practice. Compliance with the GIPS standards forms part of PIF's world-class governance and transparency standards that encompass all its activities.
The framework, now out for comment, calls for extending GIPS to outsourced investment managers, with rules for things like fee disclosures and benchmarking.