【專題】Independence and Objectivity：尷尬的基金經(jīng)理
　　【問題】
　　在第十版當(dāng)中的Independenceand Objectivity條款中多出了一個Fund Manager Relationships，這段話到底表達(dá)了什么意思？
　　Researchanalysts are not the only people who must be concerned with maintaining theirindependence. Members and candidates who are responsible for hiring andretaining outside managers should not accepts gifts, entertainment, or travelfunding that may be perceived as impairing their decisions.
　　Both the primaryand secondary fund managers often arrange educational and marketing events toinform others about their business strategies or investment process. Membersand candidates must review the merits of each offer individually in determiningwhether they may attend yet maintain their independence.
　　【專家解答】
　　假設(shè)是養(yǎng)老基金的投資，養(yǎng)老基金本身就有投資經(jīng)理，但是有的時候也會雇傭外部的投資經(jīng)理。在雇傭外部投資經(jīng)理的事情上，就必須要保證原來的基金經(jīng)理的客觀獨立性。primary and secondary fund managers分別指的是養(yǎng)老基金本身的投資經(jīng)理和雇傭的外部的投資經(jīng)理。Primary fund managers與secondary fundmanagers要互通信息，并且保持彼此的獨立客觀性。