微信扫一扫
实时资讯全掌握
|
Miles Turner, a CFA candidate, oversees a union pension fund. He got this job because of family connections as he is just learning the investment management business. Subsequently, he realizes that he is not ready to make the necessary decisions about the fund. He hires several portfolio managers. Under the Prudent Investor Rule, Turner is: A. in compliance. Delegation of authority is allowed. B. not in compliance because he did not put in writing that funds were managed in-house prior to the hiring of outside managers. C. not in compliance. Delegation of authority is not allowed. |