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KNOWLEDGE CHECK

Which of the following best describes an RFP$\text{'}$s path?

A fund manager presents an RFP to an investment consultant. Then the investment consultant shops it around to different clients looking to make a match.

A fund manager seeks out institutional investors like insurance companies and pension plans by pitching them a number of RFPs$.$ The investment consultant helps the client decide in which to invest.

An investment consultant asks multiple fund managers to submit an RFP$.$ Then the fund managers prepare and present their RFPs to the consultant and$/$or the asset owner, who will then decide which manager to select.

An asset owner$/$institutional client with funds to invest submits an RFP to an investment consultant and fund manager. The investment consultant and fund manager then work together to fulfill the client's goals.

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