Question: If a portfolio manager does not have superior analytical capability, which of the following equity investment strategies should he avoid? a. Time the factor performance
If a portfolio manager does not have superior analytical capability, which of the following equity investment strategies should he avoid? a. Time the factor performance and adjust portfolio exposures in advance to take advantage of better factor return b. Track the benchmark performance closely c. Minimize transaction costs d. Maintain the level of risk of investment consistent with the risk preference of a client
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