Not exact matches
Managers today have unprecedented
discretion in determining estimates
of an acquisition's fair
market value, but such calculations clearly warrant greater scrutiny, since fully half
of all mergers and acquisitions consistently fail to live up to expectations.
The investment
manager has sole
discretion in the measurement and interpretation
of market conditions.
Portfolio
managers have the flexibility to respond, with
discretion, to
market events and operate outside the confines
of traditional benchmark indices.
The investment
manager has sole
discretion in the measurement and interpretation
of market conditions.