4-13 Because the business of funds management generates fees based on the size of the pool of assets managed,the flow of income is larger than either investment banking function or the trading function.

Question

Quizplus · Accepted Answer

The flow of income from funds management is not necessarily larger than investment banking or trading functions, as it depends on various factors such as market conditions, the size of assets under management, and the performance of the funds.

4-13 Because the Business of Funds Management Generates Fees Based