Performance Evaluation and Reporting
The goal of our performance evaluation report is to provide a client an objective review of their Fund’s investment position and results. The IPS approach is designed to assist Trustees in fulfilling their fiduciary duties, and to present the results in a manner which facilitates the decision making process.
IPS uses the MSCI InvestorForce® performance reporting network for all performance reporting and evaluation. InvestorForce is used by 43 different consulting firms, including seven of the largest 10 consulting firm in the U.S. MSCI InvestorForce® software provides performance reporting for over 5,000 plans and over $3 trillion in assets making it the largest, most comprehensive analytical software and universe data in the industry. The total fund universes are comprised of actual Fund returns reported by several different consulting firms and manager universes are comprised of composite returns as reported by managers. This diversity allows Trustees to have a complete perspective of their Fund performance.
Our performance evaluation report provides absolute and relative returns, both gross and net of fees, for the total fund and all investment managers, in addition to multiple quantitative risk measures and universe comparisons.