GIPS® Standards Handbook for Asset Owners: Explanation of the Provisions in Sections 21-26

The GIPS® Standards Handbook for Asset Owners provides interpretation of each provision contained in Sections 21-26 of the Global Investment Performance Standards (GIPS®) for Asset Owners. Asset Owners that choose to comply with the GIPS standards must comply with all applicable requirements of the GIPS standards, including any Guidance Statements, interpretations, and Questions and Answers (Q&As) published by CFA Institute and the GIPS standards governing bodies. Each provision is included in a grey text box. Within the provisions are words appearing in small capital letters. This indicates defined terms that can be found in the GIPS Standards Glossary. Following each provision is a discussion that provides interpretive guidance to help readers understand the provision.