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Question 2 a) A first time investor is seeking your advice on which portfolio management styles to adopt. As an experienced portfolio manager discuss how

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Question 2 a) A first time investor is seeking your advice on which portfolio management styles to adopt. As an experienced portfolio manager discuss how does the goal of passive investors differs from the goal of active investors? b) The investor is also concerned about the efficiency of the market and would like you to explain the implications of anomalies on their portfolio. (20 marks)

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