GIPS: Who Can Claim Compliance?
In accordance with GIPS, which of the following can _most likely_ claim GIPS compliance?
Correct.
GIPS compliance can be claimed only by a firm that actually manages assets, and on a firm-wide basis.
Incorrect.
Individual managers within a firm cannot claim GIPS compliance.
Incorrect.
A consultant, even one who performs GIPS verification, cannot claim compliance.
A firm that manages assets
An asset manager in an investment firm that is not GIPS compliant
A consultant who performs independent, third-party verification of GIPS compliance
