Some Fund Families Use External Managers to Manage All or a Portion

question 39

Essay

Some fund families use external managers to manage all or a portion of their internal funds. These external advisers are called subadvisors. Describe two of the reasons why a family of funds would use subadvisors.

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Definitions:

Symbolic Interactionists

Sociologists who study how people use symbols to create meaning and communicate with each other in society.

"It Gets Better"

A social media campaign aimed at providing hope and encouragement to young LGBTQ+ individuals facing harassment or difficulties.

Heterosexism

An ideological system that denies, derogates, or stigmatizes non-heterosexual forms of behavior, identities, relationships, or communities.

Serial Monogamy

The practice of engaging in a series of monogamous sexual relationships where an individual has only one sexual partner at a time but multiple partners in their lifetime.