Efficient Portfolio Management|
A set of standards in the U.K. for prudent management of investment accounts, including those for unit trusts and life assurance (insurance) companies. The standards call for economically appropriate transactions, i.e., transactions that reduce risk, reduce cost, or generate additional capital or income.
© Copyright 1996, 1999 Gary L.Gastineau. First Edition.
© 1992 Swiss Bank Corporation.