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Answer: A pension fund responsible for managing investments on behalf of its beneficiaries
According to the GIPS standards, only firms that manage assets can claim compliance once all applicable requirements are met. Pension funds, as asset managers, qualify for compliance. Investment consulting firms (Option B) cannot claim compliance unless they directly manage assets, and software vendors (Option C) cannot claim compliance as their role is to support firms in achieving compliance, not to comply themselves.
Author: LeetQuiz Editorial Team
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Which of the following entities is eligible to claim compliance with the GIPS standards?
A
A pension fund responsible for managing investments on behalf of its beneficiaries
B
An investment consulting firm that assists clients in self-managing their investment portfolios
C
A software provider offering tools to facilitate GIPS compliance for firms
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