Been mostly lurking for the last few years, but thought I’d pop in with a question for L3 that I haven’t seen answered in 2012 search results.
I thought I finally firmed up setting up a decent frameowork for ris/ return objectives of an IPS, which I think translates into easy points if you pay attention. Until I got to Schweser practice exam 5 AM session, which goes for an institutional investor (insurance company, I believe). So here our framework of writing out “willingess, ability, overall” goes out the window, and we end up getting savaged on points.
Anyone have a similarly reliable framework for answers to IPS questions related to institutional investors? Thanks everyone and good luck.