According to the AIMR-PPS, assets assigned to subadvisors that are not part of the firm
A. are not to be included in total firm assets and their performance record is, therefore, not part of the firm's performance record.
B. are included in total firm assets at the investment manager's discretion and information regarding their inclusion should be included in the disclosures.
C. are to be included in total firm assets, however, because they are subadvisors, their performance record is not part of the firm's performance record.
D. are to be included in total firm assets, hence, their performance record is part of the firm's performance record. A
According to the AIMR-PPS, assets assigned to subadvisors that are not part of the firm
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According to the AIMR-PPS, assets assigned to subadvisors that are not part of the firm
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