NO.PZ202110280100001201
问题如下:
Identify which manager is most appropriate for Parade. Justify your response.
选项:
解释:
Manager B is most appropriate for Parade.
Parade’s investment policy statement (IPS) highlights the endowment’s preference for low turnover and trading costs.
Manager A and C have higer turnover rate than B which is alway linked to high trading cost especially in illiquidity.