The Global Investment Performance Standards (GIPS^®) are a set of standardized, industry-wide principles that guide investment managers and asset owners on how to fairly calculate and present their investment results, with the goal of promoting performance transparency and comparability. The GIPS trademark, logo, and the GIPS standards are owned by CFA Institute.

CFA Institute

SAAJ is the GIPS Standards Sponsor in Japan and has contributed to revisions of the GIPS standards and creation of materials regarding guidance and interpretations through its local committee members’ participation in that process by CFA Institute. SAAJ provides the Japanese translation of the GIPS Standards for Firms (the 2020 edition) and organizes educational seminars on the GIPS standards in Japanese on a regular basis.

As such, SAAJ has continuously promoted the GIPS standards, and most major investment management firms are already in compliance with the GIPS standards in Japan.

For more information about the GIPS standards, which has three chapters for the 2020 edition, “GIPS Standards for Firms”, “GIPS Standards for Asset Owners”, and “GIPS Standards for Verifiers”, visit  the GIPS standards website of CFA Institute.

GIPS Standards

Background to Adoption of the GIPS Standards in Japan  (149KB)