NO.PZ2016031101000027
问题如下:
At Firm T, Manager D is responsible for Firm T’s Emerging Market Composite. Although Manager D makes all the investment decisions for the portfolios in the composite, Manager D is supported by Firm T’s research department and trading desk. Firm U is seeking to establish an emerging market investment strategy and hires Manager D to join Firm U. Can Firm U link the historical performance of Manager D while at Firm T to the performance of its new strategy and comply with the GIPS standards?
解释:
The firm must determine if the decision-making process remains intact (unchanged) in Firm U. If Firm U continues the original strategy of the composite with all of its continuing factors, appropriate disclosures are made and documentation is in place, the performance must be linked. (See Section 3.12 of the reading.)
D经理以前在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D经理在T公司的业绩link?取决于decision making不变?如果decision making不变就可以link?为什么啊?那是T公司的业绩啊