I want to see how each of us would answer this question: What would be the two responsibilities of an institutional pm managing a portfolio.?
- To do the proper analysis of suitable asset classes for a client portfolio as per his IPS - Act in fair, loyal and prudence manner and put his client’s interest first before his firm and his beneficial interest
Aren’t the two main responsibilities the initial investment process (analysis of client, IPS, investing the $$) and then monitoring the portfolio?
Bigdabdboom - the fact that you are able to knock that out so cleanly makes me depressed.