• Queen Mary, University of London

• ECOM 57

Main Examination Period 2018

ECOM057 Asset Management Duration: 2 hours

YOU ARE NOT PERMITTED TO READ THE CONTENTS OF THIS QUESTION PAPER UNTIL

INSTRUCTED TO DO SO BY AN INVIGILATOR

Answer ALL questions

Calculators are permitted in this examination. Please state on your answer book the name and

type of machine used.

Complete all rough workings in the answer book and cross through any work that is not to be

assessed.

Possession of unauthorised material at any time when under examination conditions is an

assessment offence and can lead to expulsion from QMUL. Check now to ensure you do not have

any notes, mobile phones, smartwatches or unauthorised electronic devices on your person. If you

do, raise your hand and give them to an invigilator immediately.

It is also an offence to have any writing of any kind on your person, including on your body. If you

are found to have hidden unauthorised material elsewhere, including toilets and cloakrooms it will

be treated as being found in your possession. Unauthorised material found on your mobile phone

or other electronic device will be considered the same as being in possession of paper notes. A

mobile phone that causes a disruption in the exam is also an assessment offence.

EXAM PAPERS MUST NOT BE REMOVED FROM THE EXAM ROOM

Examiners: Gonçalo Faria

© Queen Mary, University of London, 2018

Page 2 ECOM057 (2018)

Question 1

Consider the two following statements. Are they true or false? Explain your answer.

a) Having a clearly defined investment philosophy is particularly relevant for an asset

manager during turbulent market times.