微信扫一扫
实时资讯全掌握
|
June Spraker, CFA, manages a portfolio for a private family. In the recent update of the investment policy statement (IPS), the family has asked Spraker to increase the sophistication of her portfolio performance evaluation to give an exhaustive assessment of the risks to which the portfolio is exposed. The family insists on including the details of the evaluation process in the IPS. Their request is: A. not justified because portfolio performance evaluation should not be addressed in the IPS. B. justified because this is what the law requires, but the usefulness of the request is not clear. C. justified because there are a wide variety of ways investment returns can be earned with many types of risk exposures, and the details of the process should be in the IPS. |