The following statement is true -
foundation, unlike defined benefit pension plan, does not need to consider the correlation between plan sponsor financial performance and the performance of the portfolio.
i thought this was false, because if the foundation has a sponsor, and they're doing crappy at the same time the foundation portf is doing crappy, won't it hurt the foundation's risk tolerance?
is it just a semantics thing - that foundation's don't have sponsors?
if a problem told you that a company who supports a foundation does crappy whenever the foundation portfolio is doing crappy, would you use that as a reason to support lower risk toler? |
发表于 2011-7-11 19:45
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