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Ivanshal [37]
2 years ago
10

In an efficient market and for an investor who believes in a passive approach to investing, what is the primary duty of a portfo

lio manager?A. Accounting for resultsB. DiversificationC. Identifying undervalued stocksD. No need for a portfolio manager
Business
1 answer:
daser333 [38]2 years ago
6 0

Answer:

<u>Letter B is correct</u>. Diversification.

Explanation:

Diversification in this case is the best option for an investor with this profile. This is because in the passive approach it is considered the price fluctuation information of a stock and the history of its current and future earnings. Therefore, diversification is ideal for this type of investor, because diversifying investments reduces the risk of losses.

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