UAIB-UTFA GIPS Working group members presented GIPS in Almaty
30 April 2009
The GIPS standards were presented successfully at the 5-th Annual International Conference on Risk Management which was held on 15-16 April 2009 in Almaty. Liudmyla Zhurakhovska, Ukrainian RIPS EMEA Representative and the Chairman of UAIB-UTFA GIPS Working Group, and Stanislav Zhurakhovskiy, the working group member, both the authors of the official Ukrainian and Russian translations of GIPS endorsed by the CFA Institute, provided a special seminar for delegates of more than 30 countries.
Regarding Key Issues in GIPS 2010, such Proposed Revisions for 1 January 2010 were discussed at the International GIPS Meeting in Dublin this year, according to Ms Zhurakhovska:
- Must value portfolios on date of all large external cash flows (1.A.3)
- Must value portfolios as of the calendar month-end of last day of month or last business day of month(1.A.4)
- Composite returns must be calculated by asset weighting the individual portfolio returns at least monthly (2.A.6)
- Carve-out returns are not permitted in single asset class composite returns unless actually managed separately with own cash balances (3.A.7).
Key Figures
Total number of members | 284 | as at 21.11.24 |
Number of AMC | 278 | as at 21.11.24 |
Number of NPF administrators | 16 | as at 21.11.24 |
Number of CII | 1819 | as at 21.11.24 |
Number of NPF* | 53 | as at 21.11.24 |
IC Number* | 1 | as at 30.09.24 |
AuM, UAH M | 660 220 | as at 30.09.24 |
NPF assets under administration, UAH M | 3 087 | as at 30.09.24 |