|
|
|
 |
|
|
Global Investment Performance Standards as a benchmark of quality
Newly verified for the following period: 01 July 2004 -31 December 2006 by:
The Global Investment Performance Standards (GIPS) are a set of internationally recognized ethical principles that establish a modern, industry-wide approach to how performance should be calculated and reported. Different
national standards, for example the Swiss Performance Presentation Standards (SPPS), were integrated into the GIPS effective 1 January 2006. The underlying objective of the GIPS
is the fair representation and full disclosure of Asset Management performance vis-à-vis investors. This allows clients to compare the performance results of various Asset
Managers objectively.
To offer our clients maximum transparency, Vontobel Asset Management AG adopted the GIPS in respect of institutional clients on 1 January 2001 and was certified for the period 1
January 2001 to 30 June 2004 by external verifier Ernst & Young. For the period 1 July 2004 to 31 December 2006 PricewaterhouseCoopers certified the compliance
with the Global Investment Performance Standards (GIPS).Click here to see the verification report confirming that Vontobel Asset Management AG is in compliance with the Global Investment Performance Standards (GIPS).
One of the principles of the GIPS rules is the presentation of investment results by means of composites. These composites contain all discretionary and fee-based portfolios
pursuing a comparable investment strategy or investment objective. This avoids a situation where only strong-performing portfolios are compared. What is more, a performance
benchmark is defined for every composite.
Company defined as GIPS-compliant:
Vontobel Asset Management AG as company is defined as being in compliance with the Global Investment Performance Standards (GIPS). The company includes all Asset Management
mandates managed by Vontobel Asset Management AG, as well as all investment funds and mandates for which Vontobel Asset Management AG performs the function of advisor or
subadvisor. As defined by the GIPS, the company was established on 1 January 1990.
A full list of composites can be obtained from Adrian Doswald (tel.: +41 (0)58 283 71 57, e-mail: adrian.doswald@vontobel.ch ), Vontobel Asset Management AG.
For more information please go to: GIPS Standards
|
|
|
|
|
