- CFA Exams
- CFA Level I Exam
- Topic 3. Corporate Issuers
- Learning Module 3. Corporate Governance: Conflicts, Mechanisms, Risks, and Benefits
- Subject 2. Corporate Governance Mechanisms
CFA Practice Question
Which type of mutual funds are most likely to pursue activist opportunities?
A. Hedge funds
B. Index funds
C. Pension funds
Explanation: Hedge funds are typically loosely regulated and actively managed. They are among the most predominant shareholder activists.
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