Active Index Advisors verifies GIPS.
BANKING AND CREDIT NEWS-December 21, 2017-Active Index Advisors verifies GIPS
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Active Index Advisors[R] (AIA)1 has announced it has completed a third-party verification related to compliance with the Global Investment Performance Standards (GIPS[R]), the company said.
AIA began claiming compliance with GIPS as of January 1, 2017. The firm's verification was conducted by The Spaulding Group, a consulting, information, and GIPS resource for investment performance measurement professionals.
Verification is the review of an investment management firm's performance measurement processes and procedures by an independent third-party verifier. Verification assesses whether a firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and that the firm's policies and procedures are designed to calculate and present performance in compliance with GIPS standards.
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, Natixis Investment Managers is a subsidiary of Natixis.
With offices in the New York City and Los Angeles metropolitan areas, The Spaulding Group, Inc. (TSG) is the provider of investment performance measurement products and services.
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