12 Heidi Katz is a CFA candidate and an analyst at a pension consulting firm. Her father is a major shareholder and managing director at Saturn Partners, a large hedge fund. When assisting in an alternative manager search for a pension client, Katz plans to recommend Saturn’s market-neutral strategy because she feels it meets all of the pension plan’s criteria. Given this situation, the best course of action for Katz is to:
A not present this strategy to the client and recommend another strategy.
B disclose the potential conflict to the pension client when discussing this recommendation.
C disclose the potential conflict to her employer and follow their guidance regarding disclosure of her relationship to the client.
