20. Many investment management clients split their assets among a number of managers. Two rationales for this
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20. Many investment management clients split their assets among a number of managers.
Two rationales for this approach have been described as "diversification of judgment" and "diversification ofstyle." Explain the meaning of these two terms.
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Related Book For
Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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