William Blank, Managing Director, BNY Mellon Global Markets, discusses using total return swaps to hedge nonqualified deferred compensation plans.
Grasping GIPS
Understanding New Global Investment Performance Standards
Global Investment Performance Standards, also known as GIPS®, underwent major revisions in 2011. These revisions are poised to have a profound effect on investors and investment managers alike, according to Bruce Feibel, Managing Director, BNY Mellon Asset Servicing. Feibel explains that GIPS, created and administered by the CFA Institute, have been revised around three key factors: fair value, compliance statement and verification status, and risk reporting. Learn how these revisions, along with existing GIPS provisions, help investment managers transparently present and communicate performance information to prospective investors.

