ivyhesse

About Ivy Hesse

Ivy is the Founder of Synercate Advisory Ltd, an Investment Performance Consulting and GIPS® Verification firm in Ghana. She is an experienced finance and investment professional and a passionate advocate for improving the investment industry across Africa. She worked with leading financial services firms such as the Databank Group and SEM International Associates before establishing my firm and has been at the forefront of championing the formal adoption of the GIPS® Standards in Ghana over the past three years. She is a CFA Charter Holder and CIPM Certificate Holder and serves as an Independent Pension Trustee on seven Pension and Provident Fund Trust Boards in Ghana.

GIPS2020 Changes Series – #2 Firm Input Data and Calculation Methodology

2018-12-05T10:13:51+00:00

Overview The Input Data and Calculation Methodology section for Firms is the second section of the GIPS 2020 with the following key features: Unlike the old of the GIPS, that is the 2010 edition that had Input Data provisions separate from Calculation Methodology provisions, under the proposed new structure, these two have been [...]

GIPS2020 Changes Series – #2 Firm Input Data and Calculation Methodology2018-12-05T10:13:51+00:00

GIPS2020 Term – Clawback

2018-12-04T20:21:07+00:00

#7 Clawback Full Definition This term is defined as “The repayment of previously earned PERFORMANCE-BASED FEES resulting from subsequent underperformance.” in the GIPS 2020 Exposure Draft. Key Points about This Term This term is new in the GIPS although it is a common practice in the investment industry, particularly in the alternative investments sector. [...]

GIPS2020 Term – Clawback2018-12-04T20:21:07+00:00

GIPS2020 Term – Carried Interest Description

2018-12-04T17:27:03+00:00

#6 Carried Interest Description Full Definition This term is defined as “Information about the features of the CARRIED INTEREST calculation, such as the HURDLE RATE, CRYSTALLIZATION PERIOD, and LOSS CARRYFORWARDS. ” in the GIPS 2020 Exposure Draft. Key Points about This Term This term is fundamentally not new and mainly relates to what information to [...]

GIPS2020 Term – Carried Interest Description2018-12-04T17:27:03+00:00

GIPS2020 Term – Capital Return

2018-12-06T06:32:08+00:00

#5 Capital Return Full Definition This term is defined as “The portion of a TOTAL RETURN generated by realized and unrealized gains and losses.” in the GIPS 2020 Exposure Draft. Key Points about This Term This term is not new at all! What is however different is its broader redefinition in the Exposure Draft [...]

GIPS2020 Term – Capital Return2018-12-06T06:32:08+00:00

GIPS2020 Term – Broad Distribution Pooled Fund

2018-12-04T17:20:12+00:00

#4 Broad Distribution Pooled Fund Full Definition This term is defined as “A POOLED FUND that is publicly available to multiple investors, for which the typical marketing practice involves no or minimal personal contact between the FIRM managing the POOLED FUND and the POOLED FUND PROSPECTIVE  INVESTOR. These funds are typically sold to the general public [...]

GIPS2020 Term – Broad Distribution Pooled Fund2018-12-04T17:20:12+00:00

GIPS2020 Term – Asset Owner

2018-12-04T17:20:12+00:00

#3 Asset Owner Full Definition This term is defined as “An entity that manages investments, directly and/or through the use of EXTERNAL MANAGERS, on behalf of participants, beneficiaries, or the organization itself. These entities include, but are not limited to, public and private pension funds, endowments, foundations, family offices, provident funds, insurers and reinsurers, sovereign [...]

GIPS2020 Term – Asset Owner2018-12-04T17:20:12+00:00

GIPS2020 Term – Advisory-Only Assets

2018-12-04T17:20:12+00:00

#2 Advisory-Only Assets Full Definition This term is defined as “Assets for which the FIRM provides investment recommendations for, but for which the FIRM has no control of implementation of investment decisions and no trading authority for the assets.” in the GIPS 2020 Exposure Draft. Key Points about This Term This term is fundamentally not [...]

GIPS2020 Term – Advisory-Only Assets2018-12-04T17:20:12+00:00

GIPS2020 Changes Series – #1 Firm Fundamentals of Compliance

2018-12-04T20:01:11+00:00

Overview The Fundamentals of Compliance section for Firms is the first section of the GIPS 2020. Just like the soon to be old version of the GIPS, that is the 2010 edition, it still covers the foundational elements and principles for a compliant or prospective compliant firm. What it seeks to do is [...]

GIPS2020 Changes Series – #1 Firm Fundamentals of Compliance2018-12-04T20:01:11+00:00

GIPS2020 Term – Additional Risk Measures

2018-12-05T11:11:04+00:00

#1 Additional Risk Measures Full Definition This term is defined in the GIPS 2020 Exposure Draft as "Risk measures included in a GIPS COMPOSITE REPORT, GIPS POOLED FUND REPORT, or GIPS ASSET OWNER REPORT beyond those REQUIRED to be presented." Key Points about This Term This term is fundamentally not new as it has [...]

GIPS2020 Term – Additional Risk Measures2018-12-05T11:11:04+00:00

GIPS2020 Changes Series – #0 How We Help You

2018-12-04T17:20:12+00:00

GIPS2020 Changes Series - #0 How We Help You The GIPS Organization recently released the exposure draft for the much awaited major overhaul of the GIPS Standards since the last version was released in 2010. Who Should be Concerned Existing Compliant Firms For existing compliant firms, knowing what is changing [...]

GIPS2020 Changes Series – #0 How We Help You2018-12-04T17:20:12+00:00