Bruce Smith, CFA, covers East European equities for Marlborough Investments, an investment management firm with a p presence in emerging markets. For the purpose of compliance with the Global Investments Performance Standards (
), Marlborough Investments' total assets include:（）
A. only fee-paying discretionary assets.
B. both fee-paying discretionary assets and non-fee-paying discretionary assets.
C. all fee-paying and non-fee-paying, discretionary and nondiscretionary assets.
