Standard 1(A) – Knowledge of the Law
At the end of this reading, you should be able to: Members and Candidates must follow and understand all applicable laws, rules, and regulations (including CFA Institute Code and Standards) of any government, regulatory body, licensing agency, or professional association…
GIPS Verification
Verification refers to the process by which a firm claiming compliance with GIPS requirements hires an independent third party to evaluate its processes and corroborate the firm’s assertions. Despite the fact that verification is a recommendation rather than a requirement…
Fundamentals of Compliance
The GIPS standards must be applied on a firm-wide basis. There are two important issues that must be considered by a firm when it complies with the GIPS standards: Master compliance fundamentals with our Free Trial. Definition of Firm under…
GIPS Composites
A primary aspect of GIPS is to require composites, which are aggregate portfolios managed with a similar investment approach. Therefore, if a firm presents its record for a particular equity classification, all portfolios meeting pre-established criteria for that class must…
Concepts of the GIPS Standards for Firms
The following are the key concepts of the GIPS standards that apply to firms: GIPS are ethical standards for an investment performance presentation to ensure fair representation and full disclosure of investment performance. In order to claim compliance, firms must…
Global Investment Performance Standards (GIPS) Standards
The Global Investment Performance Standards establish a standardized set of ethical practices that guide practitioners in analyzing and presenting historical data as a basis for the comparison of investment results. Why GIPS were Created? These GIPS standards provide a basis…
Ethics Application
I. Professionalism II. Integrity of Capital Markets III. Duties to Clients and Prospective Clients IV. Duties to Employers V. Investment Analysis, Recommendations, and Action VI. Conflicts of Interest VII. Responsibilities as a CFA Institute Member or CFA Candidate I. PROFESSIONALISM A. Knowledge of the Law…
Application of Technical Analysis to Portfolio Management
Regardless of whether the strategy is top-down or bottom-up, technical analysis complements fundamental analysis. Technical Analysis Applications to Portfolio Management: Top-Down Approach Analysts, traders, and investors who are interested in global equity markets usually start their top-down examination with global…
Intermarket Analysis
Inter-market analysis refers to a method of determining the strength or weakness of an asset class or financial market relative to other related asset classes or financial markets. These asset classes may include stocks, bonds, commodities, or even loan facilities….
Technical Analysis Indicators
Technical analysis indicators are measures used to predict changes in the price of a security. These predictions are based on price, market sentiment, or flow of funds. Technical analysts try to establish how potential changes in supply and demand might…
