Misleading Claims of GIPS Compliance at Ohio STRS

What STRS Tells Members Ohio State Teachers Retirement System (STRS) regularly states that its investment program is audited for compliance with the CFA Institute’s Global Investment Performance Standards (GIPS®). In fact, STRS highlights the “ACA Performance Services Letters” as if they are an independent certification that the entire portfolio — including private equity — meets … Continue reading Misleading Claims of GIPS Compliance at Ohio STRS