Denver, November 14, 2023 – Agility, an Outsourced Chief Investment Officer (OCIO) firm with approximately $15.0 billion in assets under management, announced that it claims compliance with the Global Investment Performance Standards (GIPS®) and has been independently verified for the period of January 1, 2018 through December 31, 2022.
According to the CFA Institute, the GIPS standards are the recognized standard for calculating and presenting investment performance around the world. Compliance with the GIPS standards has become a firm’s “passport” to market investment management services; 24 of the top 25 asset managers globally claim compliance with the GIPS standards. However, according to a 2022 survey, only one in three (33%) OCIO providers present GIPS reports to prospective new clients1.
“The process of becoming GIPS compliant was a demanding one, but we felt it was demonstrative of our commitment to providing uniform and transparent communications to prospective clients,” said Agility Partner and Chief Investment Officer, Chris Bittman. “We are proud to have reached this important milestone and believe it aligns with our core ethical tenets here at Agility.”
Agility is a leading provider of outsourced investment solutions. With approximately $15.0 billion in assets under management, Agility works with a diverse client base that includes endowments, foundations, family offices, corporations, healthcare organizations, and other pools of capital. Since 2007, Agility has specialized in creating investment programs tailored to the specific needs of clients.
For more information on Agility, please visit http://agilitycio.com.
Agility is the Outsourced Chief Investment Officer-related business unit of Perella Weinberg Partners Capital Management LP, a registered investment adviser. Investing involves risk, including the possible loss of principal and fluctuation of value. Strategies may not be suitable for all investors. All information presented herein is as of the date indicated and is solely for informational purposes. GIPS® is a registered trademark owned by CFA Institute
- Source: Cerulli Associates’ U.S. Outsourced Chief Investment Officer Function 2022