IMAS rolls out e-learning module on ethical standards for investment

The module is recognised by the Institute of Banking and Finance.

The Investment Management Association of Singapore (IMAS) launched a new e-learning training module on Global Investment Performance Standards (GIPS), which seeks to educate asset managers on ethical standards for calculating and presenting investment performance.

In a statement, the IMAS said the ethical standards are based on the principles of fair representation and full disclosure, as well as key changes from the previous 2010 edition of the GIPS, which is developed by the global association of investment professionals, the Chartered Financial Analyst (CFA) Institute.

IMAS, the Singapore country sponsor for GIPS, urged all its members to follow these standards and undergo verification.

The GIPS module can be navigated on IMAS’s iLearn portal, which is an online training portal.

Participants will learn key principles underlying the GIPS as well as key changes and updates during the one-hour long session.

It is recognised under the Financial Training scheme from the Institute of Banking and Finance Singapore, allowing eligible participants to get subsidies of up to 90% of the fees.

For her part, IMAS CEO Carmen Wee said they introduced the module to deepen the investment management industry’s capabilities and empower them to promote transparency.

A total of 24 top asset management firms and over 1,800 organisations are enforcing and adopting GOPS standards.