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Corporate or investment strategy ? Sounds like a bit of both 🤷♂️
Primarily corporate but investment mandate and new developments (new asset classes, risk measures etc) fall within its mandate. For instance strategy would say explore crypto as an asset class within these high level boundaries, the investment team would figure out how much and which specific asset
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Might also include what sector to focus on, or even sub-sector and overall investment thesis, and how to link to IR function