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 members284as at 21.11.24
Number of AMC278as at 21.11.24
Number of NPF administrators16as at 21.11.24
Number of CII1819as at 21.11.24
Number of NPF*53as at 21.11.24
IC Number*1as at 30.09.24
AuM, UAH M660 220as at 30.09.24
NPF assets under administration, UAH M3 087as at 30.09.24