A large pension fund is considering your money management firm as a candidate to manage the international portion of its overall portfolio of securities. The international component currently stands at $100 million. As part of its due diligence process, the potential client has requested that your firm fully delineate and deliver in writing the processes you use to narrow your universe of opportunities that ultimately lead to your securities selections.

In two pages write up your investment policy statement for your potential new client that outlines your process and discusses the importance of obtaining certain information from the client.