Retirement fund recommendation.9 John is a portfolio analyst for Metropolitan City Teachers Retirement Fund (MCTRF).His boss Mary
Question:
Retirement fund recommendation.9 John is a portfolio analyst for Metropolitan City Teachers’
Retirement Fund (MCTRF).His boss Mary has asked him to compare one of MCTRF’s external growth stock portfolio managers, Bill Fredericks, against Growth Unlimited (GU) and make a recommendation.
Mary sees some impressive numbers in GU’s performance over the last three years. In fact, John normally evaluates fund managers based on a three-year record. However, this time he is considering a different approach. Bill Fredericks was actually slightly ahead of GU last quarter. In addition, John and Bill have become close friends. Bill has helped John with several projects apart from growth stock investing and has arranged for John and his staff to attend some of Bill’s educational seminars without cost to MCTRF. Analyze John’s decision from a virtue ethics perspective.Which recommendation(s) pass the virtue ethics test?
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