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Issue's confronting fiduciaries today: Solving a '3-variable problem'

from CFA Institute's Enterprising Investor

Acting as a fiduciary is, by definition, a role centered on trust (the word itself is derived from the Latin fiducia meaning “trust” and fidere meaning “to trust”). And nowhere is trust tested more acutely than when it comes to managing money — other people’s money. These days, the role of a fiduciary is also fraught with challenges and potential pitfalls, ranging from investing in challenging market conditions to ensuring all beneficiaries are treated fairly. more

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