Due diligence is the process by which an individual or organization makes a reasonable effort to gather and provide accurate, complete information before executing a financial transaction or agreement. It often precedes the purchase of property and includes a careful examination of physical, financial, legal, and environmental characteristics.
GIPS, or Global Investment Performance Standards, are a set of ethical principles created to guide investment firms on how to handle and report investment performance, enhancing standardization, transparency, and comparability of investment performance worldwide.
Global Investment Performance Standards (GIPS) refer to a set of standardized rules for reporting investment performance adopted by money managers worldwide. These standards are designed to ensure fair representation and full disclosure of investment performance, facilitating comparison across firms and promoting investor confidence.
Return on Investment (ROI) measures the gain or loss generated on an investment relative to the amount of money invested. ROI is often expressed as a percentage and is commonly used to evaluate the efficiency or profitability of an investment.
