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Finally, GIPS enables Nigerian #AssetManagement firms to compete for business on equal grounds with firms from countries with more developed standards. Only 15 of the top 100 global Asset Managers are not yet compliant. It's the gold standard in Investment Management.
If you're thinking of opening a mutual fund account or you're thinking of setting up an investment account, you should ask your #AssetManagement firm why they are not GIPS compliant. You should get a full picture of their past performance and a listing of ALL fees. Peace! ✌️
Tomorrow, I'll share a bit more information about doing due diligence on investment management firms. I'll point out some of the things to look out for. #AssetManagement
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