The most significant collection of changes to the GIPS® standards since their creation have been introduced, and while much of what has existed for years stays the same, the changes are substantial enough that all parties affiliated with the Standards are impacted, and must become acquainted with them.
With improved structure, less complexity, more relevance, and more technology friendly, the 2020 update has opened up a number of opportunities for firms to increase efficiency to achieve and maintain compliance with current and future GIPS.
Please join us as we host a virtual fireside chat with one of the GIPS founding members, Carl Bacon, CIPM; Todd Juillerat, CFA, Senior Vice President of the Spaulding Group; and Hans Groetsch, Product Manager - Revolution Composites at Confluence.
Carl Bacon, CIPM
Chief Advisor, Confluence
Carl Bacon CIPM, founded Otos Ltd in April 2000. Otos Ltd provides advice to asset managers on various risk and performance measurement issues.
Carl was Chairman of StatPro Plc from 2000 to 2017 and prior to that Director of Risk Control and Performance at Foreign & Colonial Management Ltd, Vice President Head of Performance (Europe) for J P Morgan Investment Management Inc., and Head of Performance for Royal Insurance Asset Management.
Carl holds a B.Sc. Hons. in Mathematics from Manchester University and is a member of the Advisory Board of the Journal of Performance Measurement. A founder member of both the Investment Performance Council and GIPS®, Carl is chair of the GIS Committee and ex-chair of the GIPS Executive Committee, and ex-chair of both the Verification and Interpretation Sub-Committees, and founder of "The Freedom Index Company".
Carl is also the author of “Practical Portfolio Performance Measurement & Attribution” part of the Wiley Finance Series, "Practical Risk-adjusted Performance Measurement", numerous articles and papers and editor of “Advanced Portfolio Attribution Analysis”
Todd Juillerat, CFA
Senior Vice President, The Spaulding Group, Inc.
Todd is a Senior Vice President with The Spaulding Group, where he leads verification and consulting engagements regarding investment performance and analytics, with a particular focus on the Global Investment Performance Standards (GIPS®).
Previously Todd was a Managing Director within State Street's Investment Manager Services division, where he set direction for the Performance Measurement & Analytics function. Prior to joining State Street, where he was initially Head of Performance and Analytics for State Street Global Advisors, Todd was with Invesco as Senior Director and Head of Global Performance Measurement. Prior to that, Todd was a Managing Director with JPMorgan Asset Management, where he spent 15 years in various leadership roles.
Todd earned a BS in Business Administration from Wake Forest University, and has earned the Chartered Financial Analyst designation. He has been actively involved in various industry associations, including his membership on the GIPS Executive Committee and on the advisory board to The Journal of Performance Measurement.
Hans Groetsch, CIPM
Product Manager, Revolution Composites
Hans joined Confluence in 2000 as a founding member of the German StatPro office in Frankfurt. Before he worked as Head of Performance Measurement for Credit Suisse Asset Management Germany where he was in charge of Client Reporting, Management Reporting, Performance Measurement and Attribution along with maintenance of the regional Website. From 1996 on, he was part of a global project team built with people from PwC, StatPro and Credit Suisse staff from 12 countries to define the requirements of a Software-Tool which would enable CSAM to globally claim compliance with the Performance Presentation Standard AIMR-PPS (which have become GIPS® overtime) – the birth of StatPro Composites. The project was successfully completed with the first completed Audits of all local offices in 1998.
Within Confluence Hans works as GIPS- and Product-Consultant internally and for Clients all over the world and has been Product Manager for Composites since 2001. Starting from September this year, Hans will be a member of CFA-Institute’s GIPS-Promotion Subcommittee.