NO.PZ201809170400000801
问题如下：
In managing the fund at his previousemployer, Dewey’s investment process can be best described as:
选项：
A.an activist strategy
a top-down strategy
a bottom-up strategy
解释：
B is correct. At his previous firm, Dewey managed a fund for which his investmentprocess involved taking active exposures in sectors based on the macro economicenvironment and demographic trends. An investment process that begins at a top,or macro level, is a top-down strategy. Top-down portfolio strategies studyvariables affecting many companies or whole sectors, such as the macroeconomic
environment, demographic trends, and government policies. This approach differs
from bottom-up strategies, which focus on individual company variables in
making investment decisions. It also differs from activist strategies, which
take stakes in listed companies and advocate changes for the purpose of
producing a gain on the investment.
答案给的特征不太鲜明 为什么这道题不能选activist strategies？
