Objective of Global Investment Performance Standards

Very Easy Global Investment Performance Standards Overview Of Gips

The Global Investment Performance Standards (GIPS) are a set of ethical principles that provide investment firms with a standardized framework for performance reporting. These standards aim to ensure transparency and comparability of investment performance across firms and regions. Which of the following statements best describes the primary objective of GIPS?

To promote aggressive marketing strategies for investment firms.

To improve the transparency and comparability of investment performance.

To establish minimum capital requirements for investment firms.

Hint

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