The portfolio manager for a managed fund physically safeguards the securities being bought and sold by that firm.

Name: The portfolio manager for a managed fund physically safeguards the securities being bought and sold by that firm.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The portfolio manager is responsible for making investment decisions and managing the fund's assets, but the physical safeguarding of securities is typically handled by a custodian or a separate entity.

The Portfolio Manager for a Managed Fund Physically Safeguards the Securities