Which of the Following Is the Term Used to Link

question 91

Multiple Choice

Which of the following is the term used to link the hedge fund manager's incentives more closely to those of the fund investors and to reduce the manager's incentive to increase the risk of trades?

• A)High-water marks.
• B)Discount rates.
• C)Trade limits.
• D)Management fees.

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Definitions:

Unemployed

The state of not having a job despite being able and willing to work, often used to measure the health of an economy.

Impersonal Forces

Broad and abstract societal, economic, or environmental factors that influence individual and collective behavior or events, often beyond personal control or influence.

Franklin D. Roosevelt's Brain Trust

A group of close advisors to President Franklin D. Roosevelt during his presidency, who helped develop the policies that became part of the New Deal.

Academic Lawyer

A legal scholar or attorney who focuses on scholarly research, teaching, and the publication of legal theories and analyses.