At a meeting between a portfolio manager and a prospective client, the portfolio manager stated that her
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Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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If the chosen benchmark is the desired norm then greater deviation from the norm implies more risk taking ie less conservative than claimed by the por...View the full answer
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