【專題】Independence and Objectivity：尷尬的基金經(jīng)理
　　【問題】
　　在第十版當中的IndependenceandObjectivity條款中多出了一個Fund Manager Relationships，這段話到底表達了什么意思？
　　Researchanalystsare not the only people who must be concerned with maintainingtheirindependence. Members and candidates who are responsible for hiringandretaining outside managers should not accepts gifts, entertainment, ortravelfunding that may be perceived as impairing their decisions.
　　Boththe primary and secondary fund managersoften arrange educational and marketingevents to inform others about theirbusiness strategies or investment process.Members and candidates must reviewthe merits of each offer individually indetermining whether they may attendyet 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。
　　primaryand 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。