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- 2011-7-2
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- 2016-4-15
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equity portfolio management
The section in the text that discussed allocating funds to managers (LOS 32q) states that investors are more risk averse when facing active risk than total risk. Could someone please explain the difference between the two and why the position taken by the investor. The way it is stated in the text does not help my understanding so a more practical explanation is required. |
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