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SYc · 2023年04月13日

counterparty在这里是什么意思

NO.PZ2022120703000009

问题如下:

When an asset manager receives an investment mandate from a pension fund, the asset manager:

选项:

A.assumes a fiduciary duty to the pension fund's members.

B.becomes the legal owner of the assets under management.

C.acts as the counterparty to investment transactions on behalf of the pension fund.

解释:

A is correct because the asset manager is "required to act as a fiduciary to clients."

B is incorrect because "asset managers … are not legal owners of their assets under management."

C is incorrect because "asset managers … are not the counterparty to transactions or to derivatives."

counterparty在这里是什么意思

2 个答案

Tina_品职助教 · 2023年04月15日

嗨,努力学习的PZer你好:


"Counterparty" 是一个金融术语,它通常用于描述参与交易的各方中的其中一方。在金融交易中,每个人都有一个对手方(counterparty),也就是他们与其交易的其他人或实体。例如,在证券交易中,买方和卖方互为交易对手方。

asset owner是交易对手方,asset manager 是受托管理人,既不是投资者也不是被投资者,所以不是交易对手方。

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努力的时光都是限量版,加油!

Tina_品职助教 · 2023年04月14日

嗨,从没放弃的小努力你好:


counterparty 是交易对手方的意思。

asset manager既不是资产拥有者,也不是交易对手方(被投资者)。他是受托责任下管理资产的人。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

SYc · 2023年04月14日

老师你这里说被投资公司是交易对手方。但教材113页2的答案解析说owner才是

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