A pension fund manager is best described as:
A. a buy-side firm.
B. a sell-side firm.
C. an investment bank.
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A pension fund manager is best described as a buy-side firm.
Explanation :
- A buy-side firm have the professionals who work with the pension funds, mutual funds and insurance firms.
- In simple words, the professionals work for the financial firms are known to be working in the buy-side firms.
- The opposite of buy-side firms are sell-side firms.
- Sell-side firms majorly works on marketing the trade securities to the public.
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