Question

Which of the following is not a step in the four-step portfolio management process?

		Develop an investment policy statement.
		Study current financial and economic conditions (investment strategy).
		Construct the portfolio.
		Monitor investor's needs and changing market conditions.
		Engage in market timing and stock picking to boost

Answer 1

Portfolio management process is defined as a process in which we manages a portfolio of assets according to the clients needs and objectives. The objectives of the client may be short term or long term.

In the question mentioned above all the steps are part of the portfolio management process except the step of Engage in market timing and stock picking to boost

Hence the correct answer is option of Engage in market timing and stock picking to boost

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