Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHO SELECTS THE UNDERLYING PORTFOLIOS?

April 26, 2017portfolios selects underlying

0

10 Posted

WHO SELECTS THE UNDERLYING PORTFOLIOS?

1 Answer

0

10 Posted

The Portfolios were selected for Mahogany by Lehman Brothers, as part of Lehman Brothers’ role as Lead Manager to the Offer. Lehman Brothers has not, and does not, provide any risk management or other financial service to any Investors in connection with the selection of the Portfolio and Investors should not assume that Lehman Brothers has taken into account the interests of financial position of any Investor in making its selection. Mahogany and Lehman Brothers do not guarantee the performance of Portfolios or any of the Entities comprised in them. Neither Mahogany nor any Investor has any recourse against Lehman Brothers in connection with Lehman Brothers’ selection of the Portfolios, nor with any changes which may be made to the Portfolios.