IMAS launches risk and performance analysis best practice guidelines

The IMAS logo.
The IMAS logo.PHOTO: IMAS

SINGAPORE - The Investment Management Association of Singapore (IMAS) launched a set of best practice guidelines on Monday (Nov 16).

IMAS said this will help investment management firms structure and manage risk and performance analysis functions.

The association is already a sponsor of what is known as the Global Investment Performance standards (Gips), used as best practices across the industry for reporting performance.

The association noted the new guidelines complement Gips, and also at the investment firms, for the structures they use and types of analysis they generate to manage their risk and performance needs.

The new guidelines include recommendations to support the governance of the risk function, investment risk management and performance analysis.

This include the independent governance of risk and performance units, aside from the investment function, and the independent measurement and monitoring of investment risk.