One of the major functions of the investment committee is to ________.

Question

Quizplus · Accepted Answer

The investment committee's main responsibility is to translate the objectives and constraints of the investment company into an investment universe. This entails determining the investment policies to be employed, identifying the relevant asset class, defining performance benchmarks, and specifying acceptable ranges of risk for each asset class. Choices A, C, and D are performed by portfolio managers, not the investment committee.

One of the Major Functions of the Investment Committee Is