“STRUCTURING THE GLOBAL INVESTMENT PROCESS,” CH. 13, INTERNATIONAL...

3. “Structuring the Global Investment Process,” Ch. 13, International Investments, 5

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edition, Bruno Solnik and Dennis McLeavey (Addison Wesley, 2003) Purpose: To test the candidate’s ability to formulate an investment policy statement that appropriately reflects the circumstances of an individual investor. LOS: The candidate should be able to “The Portfolio Management Process and the Investment Policy Statement” (Study Session 9) m) discuss the determination of the risk objective; s) explain how unique circumstances can be considered a constraint. “Managing Individual Investor Portfolios” (Study Session 9) i) discuss each of the major objectives that are part of an individual investor’s investment policy statement; l) prepare an investment policy statement for an individual investor.