The Credit Manager's Path to GIPS Compliance

April 23, 2019 - 11:00 am to 12:00 pm
ACA Performance Services
ACA Performance Services' Justin Guthrie and Shivani Choudhary

Claiming compliance with the Global Investment Performance Standards (GIPS) is gaining significant traction with credit asset managers due to increased demand from institutional investors.

Historically, only the largest credit asset managers claimed compliance with the GIPS standards (63% of the top 40 CLO managers as ranked by Creditflux claim GIPS compliance in eVestment's consultant database), but today we are seeing a noticeable shift towards smaller managers inquiring about GIPS compliance. These credit asset managers oversee a variety of vehicles including CLOs, separately managed accounts investing in the credit market, credit hedge funds, private debt and distressed debt funds, direct lending products, BDCs, and others. We believe the trend towards GIPS compliance across the credit space will continue to grow as investors and allocators continue to request and require GIPS compliance from competing managers.

With that in mind, please join ACA Performance Services for the upcoming webcast “The Credit Manager's Path to GIPS Compliance" on April 23. For this event, ACA's Justin Guthrie and Shivani Choudhary will highlight important areas that credit asset managers should understand as they consider or seek GIPS compliance. Justin and Shivani will also respond to questions and comments throughout the presentation.

Discussion Topics

  • Recent trends and industry demand for GIPS compliance, 
  • Fundamentals of GIPS compliance,
  • Calculation methodology, and
  • Proposed changes within the 2020 GIPS Standards that relate to credit managers