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二三六七七九九 · 2020年09月24日

问一道题:NO.PZ2016031101000001 [ CFA III ]

问题如下:

Company C manages money for both retail and institutional clients. There are two autonomous groups within Company C: "Company C Institutional Investment Management," which manages institutional assets, and "Company C Retail Investors," which manages retail assets. How should Company C define itself as a firm to comply with the GIPS standards?

解释:

The GIPS standards encourage firms to adopt the broadest, most meaningful definition of a firm. Company C should consider defining itself to include the assets managed by both the institutional entity and the retail entity for the purposes of claiming compliance with the GIPS standards. However, Company C could define the two autonomous entities as separate firms if each subsidiary is held out to clients and potential clients as a distinct business unit. (See Section 3.1 of the reading.)

请问这题什么意思?为什么不对?

1 个答案

韩韩_品职助教 · 2020年09月24日

嗨,爱思考的PZer你好:


同学你好,这个题目简单看一下就可以。考察的知识点是对firm的定义,现在company C的机构客户和零售客户分别有两组有自主权 autonomous的投资管理团队,所以应该是被看作是单独的两个firm。


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