Question

In order to provide investors with a more comprehensive view of a firm's performance, the current GIPS standards includes new provisions related to:

a) Taxation regulations
b) Ethical guidelines
c) Risk management
d) Reporting of performance fees

Answer 1

The current GIPS standards include new provisions related to reporting of performance fees, which aim to provide investors with a more comprehensive view of a firm's performance.

Step-by-step explanation:

The current GIPS standards include new provisions related to reporting of performance fees. These provisions aim to provide investors with a more comprehensive view of a firm's performance by requiring the disclosure of any fees charged to investors for managing their investments. Performance fees are fees that investment managers may receive based on the performance of the investments they manage.