4 min readWhat is an Investment Policy Statement (IPS)? Investment Policy Statements (IPS) are written directives provided by investors to their investment managers that defines the objectives, policies, and guidelines governing the management and oversight of their portfolio. An IPS serves as an essential tool in dictating how an investor’s portfolio should be managed. An IPS should…
2 min readIf you are among the 20 percent of institutional cash managers who don’t have a formal investment policy statement, it may be time to draft one. And if you do have one, December is a good time to dust it off and update it for the coming year. According to the 2019 AFP Liquidity Survey,…
18 min readDOWNLOAD FULL REPORT Abstract We set out to answer 10 of the most common questions that arise when writing investment policy statements (“IPS”) for cash portfolios. In doing so, we will provide a number of peer group data comparisons to add insight and context to the process. The 10 questions focus on the following subjects…