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In these times of crisis, ethical standards have gained ground. Investors interests have to come first, says Jonathan A. Boersma, speaker at a local Luxembourg CFA Society conference. The Luxembourg CFA Society has become the official GIPS (Global Investment Performance Standards) Country Sponsor. In an interview with LFF, Mr. Boersma, Executive Director of GIPS at CFA Institute, speaks about restoring confidence, free markets and the Occupy movements.
Could you please define the GIPS standards?
GIPS are the global investment performance standards. These are ethical standards for how investment managers should calculate and present their investment performance. Some of the practices in the past were unethical: they included playing...
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