prudent-man rule

简明释义

关于信托投资的审慎管理人原则

英英释义

例句

1.According to the prudent-man rule, fiduciaries must act in the best interest of their clients.

根据审慎人原则，受托人必须以客户的最佳利益为重。

2.The court ruled that the trustee violated the prudent-man rule by investing in high-risk assets without proper justification.

法庭裁定受托人违反了审慎人原则，因未能合理解释而投资于高风险资产。

3.Many financial advisors refer to the prudent-man rule when developing investment strategies for their clients.

许多财务顾问在为客户制定投资策略时会参考审慎人原则。

4.The investment manager adhered to the prudent-man rule to ensure that all decisions were made with careful consideration of risk.

投资经理遵循审慎人原则，以确保所有决策都经过仔细考虑风险。

5.In the context of retirement planning, the prudent-man rule helps ensure that investments are suitable for long-term growth.

在退休规划的背景下，审慎人原则有助于确保投资适合长期增长。

作文

The concept of the prudent-man rule is a fundamental principle in investment management and fiduciary responsibility. It serves as a guideline for how fiduciaries, such as trustees or financial advisors, should manage assets on behalf of clients. The prudent-man rule essentially states that fiduciaries must act with the care, skill, and diligence that a prudent person would exercise in similar circumstances. This principle is designed to protect investors by ensuring that their assets are managed responsibly and wisely.Historically, the prudent-man rule originated from a legal case in the 1830s, where it was established that a trustee must invest trust funds in a manner that a reasonable person would consider prudent. This meant avoiding overly risky investments and focusing on those that provide a reasonable return while preserving capital. Over time, this rule has evolved into a standard that many investment professionals adhere to today.In practice, the prudent-man rule requires fiduciaries to conduct thorough research and analysis before making investment decisions. They must evaluate the risks and potential returns of various investment options and consider the specific needs and circumstances of their clients. For instance, a fiduciary managing a retirement fund for a group of individuals nearing retirement would likely adopt a more conservative investment strategy compared to one managing a fund for young professionals with a longer investment horizon.Moreover, the prudent-man rule emphasizes the importance of diversification. A prudent investor understands that putting all eggs in one basket can lead to significant losses if that investment fails. Therefore, spreading investments across different asset classes, sectors, and geographic regions can help mitigate risk and enhance the potential for returns.The implications of the prudent-man rule extend beyond individual investment decisions. It also plays a crucial role in the regulatory framework governing financial advisors and fiduciaries. Many jurisdictions have incorporated the prudent-man rule into their laws, requiring fiduciaries to adhere to these standards. Failure to comply can result in legal consequences and damage to the fiduciary’s reputation.In conclusion, the prudent-man rule serves as a vital principle guiding fiduciaries in their investment practices. By adhering to this rule, fiduciaries can ensure that they are acting in the best interests of their clients while managing risks effectively. Understanding and applying the prudent-man rule is essential for anyone involved in investment management, as it fosters trust and accountability in the financial services industry. As markets continue to evolve, maintaining a prudent approach will remain critical for safeguarding investors' assets and achieving long-term financial goals.

“谨慎人规则”是投资管理和受托责任中的一个基本原则。它为受托人（如受托人或财务顾问）在代表客户管理资产时提供了指导。“谨慎人规则”本质上表明，受托人必须以谨慎的人在类似情况下所应采取的关心、技能和勤奋来行事。该原则旨在通过确保投资者的资产得到负责任和明智的管理来保护他们。历史上，“谨慎人规则”起源于19世纪30年代的一起法律案件，确立了受托人必须以合理人认为谨慎的方式投资信托资金。这意味着避免过于冒险的投资，专注于那些提供合理回报同时保护资本的投资。随着时间的推移，这一规则已演变为许多投资专业人士今天遵循的标准。在实践中，“谨慎人规则”要求受托人在做出投资决策之前进行彻底的研究和分析。他们必须评估各种投资选项的风险和潜在回报，并考虑客户的具体需求和情况。例如，为一群接近退休的个人管理退休基金的受托人，可能会采用更保守的投资策略，而不是为拥有更长投资时间的年轻专业人士管理的基金。此外，“谨慎人规则”强调了多样化的重要性。一个谨慎的投资者明白，将所有鸡蛋放在一个篮子里可能会导致重大损失，因此，在不同的资产类别、行业和地理区域之间分散投资可以帮助降低风险并增强回报的潜力。“谨慎人规则”的影响超出了个别投资决策。它在监管框架中也发挥着至关重要的作用，规范着财务顾问和受托人。许多司法管辖区将“谨慎人规则”纳入法律，要求受托人遵循这些标准。不遵守可能导致法律后果并损害受托人的声誉。总之，“谨慎人规则”作为指导受托人投资实践的重要原则。通过遵循这一规则，受托人可以确保他们在管理风险的同时，始终以客户的最佳利益为重。理解和应用“谨慎人规则”对于任何涉及投资管理的人来说都是必不可少的，因为它在金融服务行业中促进了信任和问责。随着市场的不断发展，保持谨慎的方法将继续对保护投资者资产和实现长期财务目标至关重要。