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explain in detail how each of the following relates to the determination of either investor objectives or investor

constraints that can be used to determine the portfolio policies for this three-year period for Midlands Museum Endowment fund also explain the processes in Exhibit A:

Liquidity Requirements

Return Requirements

Risk Tolerence

Time Horizon

Tax considerations

Regulatory and legal considerations

Unique needs and circumstances.


Exhibit A is the portfolio management process

- Identification and specifications of: Investors Objectives and Investors Constraints

- Determination of Portfolio Policies

- Integration of Portfolio Policies and Expectational Factos: Asset allocation, Investment strategies, Execution

- Monitoring the portfolio and responding to change

- Portfolio performance

- Expectational Factors regarding economic analysis, market analysis and individual analysis

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Explanation of All Requirements: a. Liquidity Requirement: It is the requirement in which it includes those current assets... View the full answer

The portfoliosfor a three year period of an endowment fund is constrained or objectified with the... View the full answer

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