Financial Education » Ethics http://financial-education.com Everything You Need To Know About Finance Mon, 12 Jul 2010 14:08:58 +0000 http://wordpress.org/?v=2.8.1 en hourly 1 Portfolio Monitoring http://financial-education.com/2008/06/04/portfolio-monitoring/ http://financial-education.com/2008/06/04/portfolio-monitoring/#comments Wed, 04 Jun 2008 12:12:50 +0000 William Trent http://financial-education.com/?p=624 Investment managers often have a fiduciary duty to their clients, which means their investment actions must consider the portfolio’s appropriateness in terms of:

  1. the needs and circumstances of the client
  2. the basic characteristics of an investment
  3. the basic characteristics of the overall portfolio

Since each of these factors can change over time, fiduciary duty requires actively monitoring each using a systematic process.

]]> http://financial-education.com/2008/06/04/portfolio-monitoring/feed/ 0 It Pays to Be Fair http://financial-education.com/2007/07/05/it-pays-to-be-fair/ http://financial-education.com/2007/07/05/it-pays-to-be-fair/#comments Thu, 05 Jul 2007 16:27:08 +0000 William Trent http://financial-education.com/2007/07/05/it-pays-to-be-fair/ Meir Statman published a perspectives piece in the May/June 2007 Financial Analyst’s Journal called Local Ethics in a Global World. In it he notes, among other things, the high correlation between Income per Capita and Freedom from Corruption by country. Less corrupt countries have higher per-capita income levels.

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