A financial adviser manages an equity portfolio for an endowment fund, which has an 8.2% return objective. The adviser makes a strategic allocation recommendation that produces a return of 8.5% in an economy that has experienced a 2.9% rate of inflation. The advisor also creates her own benchmark for the fund which includes multiple indexes that have similar risk profiles of the securities in the fund. The benchmark return during the period is 8.9%. Is the endowment fund satisfied with the advisor's performance?
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A financial adviser manages an equity portfolio for an endowment fund, which has an 8.2% return objective. The adviser makes a strategic ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » A financial adviser manages an equity portfolio for an endowment fund, which has an 8.2% return objective. The adviser makes a strategic allocation recommendation that produces a return of 8.5% in an economy that has experienced a 2.