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What is the Association for Investment Management and Research (AIMR) and what does it have to do with calculating rates of return?

April 26, 2017aimr Association calculating Investment Management rates Research Return

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What is the Association for Investment Management and Research (AIMR) and what does it have to do with calculating rates of return?

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A. AIMR is a global nonprofit organization that provides knowledge to investment professionals and promotes standards within the investment industry. The most well known program that AIMR oversees is the Chartered Financial Analyst (CFA) designation. AIMR also sets investment performance presentation standards (AIMR-PPS). AIMR-PPS are guidelines that define how investment performance should be calculated and reported.