Global Investment Performance Standards (GIPS)
Pictet Asset Management claims compliance with Global Investment Performance Standards (GIPS) over a 20-year period.
PAM claims compliance with Global Investment Performance Standards (GIPS). It has been verified by PricewaterhouseCoopers (PwC) from 1st January 1991 (inception date of the GIPS firm) to 31st December 2011.
"The GIPS standards ensure fair competition, global transparency and increase the credibility of the Investment Managers who comply. They enable Pictet Asset Management to constantly review our internal processes, controls and product range", commented Christoph Lanter, Group Managing Director and Chairman of PAM's performance presentation steering committee.
Dimitri Senik, Head of Investment Performance Services at PricewaterhouseCoopers in Switzerland, who leads Pictet Asset Management's PPS verification, confirmed "Compliance with performance presentation standards on global basis sets a true 'best practice' example with a voluntary independent verification adding even more credibility to this achievement".