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夏天的神游 · 2017年05月22日

问一道题:NO.PZ2016031101000027 [ CFA III ]

问题如下图:

    

请问,连公司都换了,之前support ManagerD的那些研究资源和交易员都不在了,怎么答案说新的组合还要link此前的投资业绩啊?

1 个答案
老师答案

就是答案里面说的那个条款。只要decision-making process是保持不变的,那么就要link,因为客户也需要知道这个manager更多的performance,因为只要decision-making process是不变的,那么前后业绩是有关系的。当然交易员走了可能会影响process,研究员不一样也可能会影响,但是也不一定影响,因为基金经理有自己的决策机制。所以答案里面只是说如果是保持不变的,就要link

何旋hexuan · 2017年05月22日

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NO.PZ2016031101000027 The firm must termine if the cision-making process remains inta(unchange in Firm U. If Firm U continues the originstrategy of the composite with all of its continuing factors, appropriate sclosures are ma ancumentation is in place, the performanmust linke (See Section 3.12 of the reang.) 理以前在T公司,现在被挖到了U公司,U公司能否将自己现在的业绩和理在T公司的业绩link?取决于cision making不变?如果cision making不变就可以link?为什么啊?那是T公司的业绩啊

2021-08-06 09:45 1 · 回答

The firm must termine if the cision-making process remains inta(unchange in Firm U. If Firm U continues the originstrategy of the composite with all of its continuing factors, appropriate sclosures are ma ancumentation is in place, the performanmust linke (See Section 3.12 of the reang.) 请问如果新公司把原有理挖走开了一个别的交易策略,不是前干的新兴市场了,但还是独立决策,这时候还能并进来以前的业绩么?

2020-12-12 14:09 1 · 回答

Firm T, Manager is responsible for Firm T’s Emerging Market Composite. Although Manager makes all the investment cisions for the portfolios in the composite, Manager is supporteFirm T’s researpartment antrang sk. Firm U is seeking to establish emerging market investment strategy anhires Manager to join Firm U. CFirm U link the historicperformanof Manager while Firm T to the performanof its new strategy ancomply with the GIPS stanr? The firm must termine if the cision-making process remains inta(unchange in Firm U. If Firm U continues the originstrategy of the composite with all of its continuing factors, appropriate sclosures are ma ancumentation is in place, the performanmust linke (See Section 3.12 of the reang.) 原公司不遵守gips也可以吗?还有并购那里给出的可以link的条件,看这道题之前老师的回答是只要满足一个就可以????另外如果原公司没有遵守gips可以吗

2020-03-15 19:49 1 · 回答

    这道题里面的manager is supportefirm T's researpartment antrang sk这句话需要考虑吗?是否因为这个与cision process无关,所以不是主要的,关键开始看cision making process?

2019-03-07 13:04 1 · 回答

原公司在决策过程不变等前提下link原portfolio或者composite 的业绩很合理。新公司因为使用相同的决策过程和基金经理就可以用别的公司的历史业绩?

2019-02-17 00:38 1 · 回答