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Questions

Which essential principle of asset management requires that the management company act in the best interest of investors?

Prior authorisation by the AMF
Fiduciary duty
Portfolio diversification
Liquidity management

What minimum percentage must a UCI classified as 'Equity' maintain in equity markets according to regulations?

40%
50%
60%
70%

What is the primary role of the depositary in asset management?

Managing financial risks
Safekeeping the fund's securities and ensuring their existence
Managing investments
Evaluating the fund's performance

What is the main function of an asset management company under the French legal framework?

Managing the financial risks of companies
Managing, enhancing and growing investor portfolios
Overseeing stock markets
Issuing government bonds

The MiFID II directive only imposes transparency rules for alternative funds.

True
False

The compliance and internal control function is mandatory for all portfolio management companies in France.

True
False

Categorize items by dragging them to the appropriate zones

Items to categorize:

Fiduciary duty
Portfolio diversification
UCITS Directive
Liquidity management
Categories:

Asset management principle

Regulatory obligation

Definition of asset management

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