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Which of the following statement about fiduciary duty in fund management is correct? a. Fiduciary duty implies that a fund manager must act in the
Which of the following statement about fiduciary duty in fund management is correct?
a.
Fiduciary duty implies that a fund manager must act in the best interest of the funds existing clients
b.
Fiduciary duty implies that a fund manager must take professional advice from investment advisors if necessary
c.
Fiduciary duty implies that a fund manager must periodically review the performance of the fund
d.
All of the above
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