What type of responsibility does Henri have towards the property owner as an asset manager?

As an asset manager, Henri has a fiduciary responsibility towards the property owner. This type of responsibility requires him to act in the best interests of the property owner, ensuring that any decisions made regarding the management and operation of the property prioritize the owner's financial interests. This entails a duty of loyalty, care, and full disclosure, meaning Henri must manage the property efficiently, keep the owner informed about significant issues, and avoid conflicts of interest.

Fiduciary responsibility is paramount because asset managers manage assets on behalf of their clients, and part of their role involves operating with a high level of trust. This responsibility encompasses various aspects of property management, including financial management, maintenance, leasing, and tenant relations, all aimed at maximizing the asset's value and return on investment for the property owner. The other options, such as economic, personal, and political responsibilities, do not capture the legally binding and ethical obligations inherent in a fiduciary relationship.