Question

Which of the following best describes an RFP's path ?

1- An investment consultant asks multiple fund managers to submit an RFP. Then the fund managers prepare and present their RFPs to the consultant and/or the asset owner, who will then decide which manager to select.

2- A fund manager presents and RFP to an investment consultant. Then the investment consultant shops it around different clients looking to make a match

3- A fund manager seeks out institutitonal investors like insurance companies and pension plans by pitching them a number of RFPs. The investment consultant helps the client decide in which to invest

4- An asset owner/institutional client with funds to invest submits an RFP to an investment consultant and fund manager. The investment consultant and fund manager then work together to fulfill the client's goals.

Answer 1

The best path of RFP is
a) An investment consultant asks multiple fund managers to submit an RFP. Then the fund managers prepare and present their RFPs to the consultant and/or the asset owner, who will then decide which manager to select.