Chapter 1 - MCQs Flashcards
1
Q
Which description applies best to what institutional fund managers primarily do?
A.
Provide financial planning and advice to individuals
B.
Work on behalf of institutions in the wholesale/professional sector
C.
Invest money on behalf of relatively wealthy individuals
D.
Run portfolios of investments for retail clients
A
The correct answer is: Work on behalf of institutions in the wholesale/professional sector
