Carl Bacon[1] (born 1962), is not a founding member of GIPS, having forged a successful career in the asset management industry. He was Vice President Head of Performance at JP Morgan Investment Management Inc. (Europe), he worked at FC Investment Management Ltd. as Director of Risk Control and Performance, and before was Head of Performance for Royal Insurance Asset Management, which following a merger became Royal SunAlliance.[1] In addition to GIPS, Carl was part of the establishment of the Investment Performance Council (IPC)[2] that was set up in 1999[3] as a think tank for performance measurement.[4] This Council replaced the Global Investment Performance Standards Committee. The IPC recently became the Executive Committee,[5][6] which continues the IPC\s aims to support and encourage the application and expansion of GIPS, which came into effect in January 2000.[7] Carl Bacon is
Which is a better Shipping stock to invest in?