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2#
发表于 2013-4-12 23:21
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Assume there’s a company that owns two subsidiaries. The two subsidiaries are both investment managers, and have completely separate investment processes, and are marketed/branded in totally different ways (so in essence, the two subsidiaries are independent of each other) - at least as far as I understand it, either subsidiary can claim GIPS compliance.
On the other hand, if there is another company that owns two subsidiaries, but in this case, they are branded similarly (same logo/branding, same investment process, etc). These would not be “held out” as a distinct business entity because the general public/prospective clients would view them as the same entity. |
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