NISM 21B Portfolio Managers Exam Notes

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  • Liquidity Risk: Uncertainty in converting assets to cash at fair value.
  • Exchange Rate Risk: Volatility from currency fluctuations.
  • Political Risk: Variability from changes in political/economic environment.
  • Geopolitical Risk: Risks from wars, terrorism, or global tensions.
  • Regulatory Risk: Uncertainty from regulatory changes affecting costs.

NISM 21B Portfolio Managers

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