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标题: Reading 51: Portfolio Management: An Overview-LOS b 习题精选 [打印本页]

作者: 1215    时间: 2011-3-24 15:31     标题: [2011]Session 12-Reading 51: Portfolio Management: An Overview-LOS b 习题精选

Session 12: Portfolio Management
Reading 51: Portfolio Management: An Overview

LOS b: Discuss the types of investment management clients and the distinctive characteristics and needs of each.

 

 

High risk tolerance, a long investment horizon, and low liquidity needs are most likely to characterize the investment needs of a(n):

A)
insurance company.
B)
defined benefit pension plan.
C)
bank.


 

A defined benefit pension plan typically has a long investment time horizon, low liquidity needs, and high risk tolerance. Insurance companies and banks typically have low risk tolerance and high liquidity needs. Banks and property and casualty insurers typically have short investment horizons.






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