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Discuss the objectives and constraints that need to be considered when formulating the statement of advice. (9 marks) Describe situational profiling and psychological profiling and
- Discuss the objectives and constraints that need to be considered when formulating the statement of advice. (9 marks)
- Describe situational profiling and psychological profiling and their roles in financial planning. (4 marks)
- What is behavioural finance? Explain the role of behavioural finance in understanding a clients risk perception. (4 marks)
- In an efficient market, investors cannot systematically earn abnormal returns. What are the roles of financial planners/advisors assuming that markets are operating efficiently? (4 marks)
- What are the typical investment objectives for investors in different life phrases, namely foundation, accumulation, maintenance and distribution? (6 marks)
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Fundamentals Of Institutional Asset Management
Authors: Frank J Fabozzi, Francesco A Fabozzi
1st Edition
9811220034, 9789811220036
