Active Index Advisors® Completes GIPS® Verification

  • December 19, 2017
  • AIA is among the few tax-managed SMA managers to be third-party verified for GIPS compliance, meeting high standards for processes and procedures.
SAN FRANCISCO, December 19, 2017 – Active Index Advisors® (AIA)1 announced today it has completed a third-party verification related to compliance with the Global Investment Performance Standards (GIPS®). AIA began claiming compliance with GIPS as of January 1, 2017. The firm’s verification was conducted by The Spaulding Group, a consulting, information, and GIPS resource for investment performance measurement professionals.

Verification is the review of an investment management firm’s performance measurement processes and procedures by an independent third-party verifier. Verification assesses whether a firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and that the firm’s policies and procedures are designed to calculate and present performance in compliance with GIPS standards.

“Becoming GIPS verified is an enormous milestone for us at AIA as it provides existing and prospective clients with a higher degree of confidence in the integrity of our investment performance presentations,” said Kevin Maeda, Chief Investment Officer at Active Index Advisors. “With discussions about fiduciary standards continuing to permeate across the industry, and with sponsor firms increasingly requiring that firms become verified, we are thrilled to have become GIPS compliant and verified this year.”

“We have known and worked with the team at Active Index Advisors for a number of years, and we’re pleased to have conducted their GIPS verification,” said John Simpson, Executive Vice President at The Spaulding Group. “As a supporter of tax-managed strategies, I am excited that they chose to establish and maintain compliance with the GIPS standards, and I am pleased they have achieved this milestone. Our firm looks forward to continuing to be AIA’s GIPS verifier in the future.”

GIPS standards have set forth criteria with regard to the knowledge requirements of verifiers in the areas of the GIPS standards, applicable laws and regulations, the organizational structure of the firm, the firm’s policies and procedures, portfolio valuation basis, and performance calculations. For more information on the GIPS standards visit gipsstandards.org.

About Natixis Investment Managers
Natixis Investment Managers serves financial professionals with more insightful ways to construct portfolios. Powered by the expertise of 26 specialized investment managers globally, we apply Active ThinkingSM to deliver proactive solutions that help clients pursue better outcomes in all markets. Natixis ranks among the world’s largest asset management firms2 (€813.1 billion / $961.1 billion AUM3). Headquartered in Paris and Boston, Natixis Investment Managers is a subsidiary of Natixis. Listed on the Paris Stock Exchange, Natixis is a subsidiary of BPCE, the second-largest banking group in France. Natixis Investment Managers’ affiliated investment management firms and distribution and service groups include Active Index Advisors®;4 AEW; AlphaSimplex Group; Axeltis; Darius Capital Partners; DNCA Investments;5 Dorval Asset Management;6 Gateway Investment Advisers; H2O Asset Management;6 Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Managed Portfolio Advisors®;4 McDonnell Investment Management; Mirova;7 Natixis Asset Management; Ossiam; Seeyond;8 Vaughan Nelson Investment Management; Vega Investment Managers; and Natixis Private Equity Division, which includes Seventure Partners, Naxicap Partners, Alliance Entreprendre, Euro Private Equity, Caspian Private Equity and Eagle Asia Partners. Not all offerings available in all jurisdictions. For additional information, please visit the company’s website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.

About The Spaulding Group
With offices in the New York City and Los Angeles metropolitan areas, The Spaulding Group, Inc. (TSG) is the leader in investment performance measurement products and services. TSG provides consulting along with GIPS and non-GIPS verification services; offers a unique Software Certification service; publishes The Journal of Performance Measurement, a quarterly publication launched in 1996; and hosts the Performance Measurement Forum. The firm also sponsors the annual Performance Measurement, Attribution and Risk (PMAR) North America and Europe conferences. TSG’s Institute of Performance Measurement offers performance measurement training, including a fundamentals course on performance measurement, a course on performance attribution, and a course on portfolio risk.
1 A division of Natixis Advisors, L.P., Active Index Advisors (AIA) offers index-based separate account solutions. The firm employs proprietary investment strategies that seek to match index performance on a pre-tax basis and outperform it on an after-tax basis by systematically harvesting tax losses that can be used to offset gains. AIA has $1.1bn assets under management (“AUM”) as of September 30, 2017. To receive a list of composite descriptions of Active Index Advisors and/or a presentation that complies with the GIPS standards, contact Active Index Advisors at This email address is being protected from spambots. You need JavaScript enabled to view it. or write 101 Second Street, Suite 1600, San Francisco, CA 94105. Active Index Advisors claims compliance with the Global Investment Performance Standards (GIPS®).
2 Cerulli Quantitative Update: Global Markets 2017 ranked Natixis Investment Managers (formerly Natixis Global Asset Management) as the 15th largest asset manager in the world based on assets under management as of December 31, 2016.
3 Net asset value as of September 30, 2017. Assets under management (“AUM”), as reported, may include notional assets, assets serviced, gross assets and other types of non-regulatory AUM.
4 A division of Natixis Advisors, L.P.
5 A brand of DNCA Finance.
6 A subsidiary of Natixis Asset Management.
7 A subsidiary of Natixis Asset Management. Operated in the U.S. through Natixis Asset Management U.S., LLC.
8 A brand of Natixis Asset Management. Operated in the U.S. through Natixis Asset Management U.S., LLC.

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