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... Wednesday, January 19, 2011 5:42 PM A Primer for Investment Trustees investment firms (external management) Each type of management offers certain advantages and disadvantages, although external management... accountant/analyst at BDO Seidman and was a licensed CPA Mr Phillips earned his BA in mathematics and economics and MA in applied mathematics at the University of California, Los Angeles, and his... higher management fees and transaction costs associated with active management, has led trustees at some funds to manage part or all of their assets passively We’ll talk more about active and passive
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