开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

Yuyu · 2022年12月05日

这道题到底在问啥

* 问题详情,请 查看题干

NO.PZ202206210100000103

问题如下:

In Phase 3, the most likely change in the constraints facing OHF’s ability to undertake asset allocation arose from an increased need for:

选项:

A.governance resources.

B.liquidity.

C.risk reduction.

解释:

Solution

A is correct. In Phase 3, 40% of assets were to be invested in high-yield bonds, real estate, private equity, and hedge funds, which were to be managed externally. Each external manager was limited to approximately $75 million of the fund’s assets. As indicated in the table below, the number of external managers required grew from about 30 to almost 150 by the end of the period. This would have placed substantial demands on the governance resources of the fund to allow for identification of suitable managers and to monitor their performance.


B is incorrect. The liquidity requirements of the fund had not changed; tax revenues were again flowing into the fund, and the fund held substantial (10%) bond and cash investments.

C is incorrect. Phase 3 indicates no change in risk from Phase 2. In Phase 2, the fund was allowed to increase its risk exposure; it could invest in public equites, high-yield bonds, private equity, hedge funds, and real estate. In Phase 1, investments were very low risk—cash and high-grade bonds.

虽然能用排除法选A,但做题的时候不是很清楚这题题干到底想干啥

1 个答案

lynn_品职助教 · 2022年12月07日

嗨,爱思考的PZer你好:


这道case是官网题,出得不太好,就是想考一句话,在基础班215-216页。 significant decline in oil prices persist through several business cycles ,属于整个经济环境的变化,导致SAA的修改。同学能用排除法解出来说明平时的积累不错,考场万一万一遇到这类题,只要沉下心来仔细读题解答就可以了。

----------------------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!

  • 1

    回答
  • 0

    关注
  • 699

    浏览
相关问题

NO.PZ202206210100000103 问题如下 In Phase 3, the most likely change in the constraints facing OHF’s ability to unrtake asset allocation arose from increaseneefor: A.governanresources. B.liquity. C.risk rection. SolutionA is correct. In Phase 3, 40% of assets were to investein high-yielbon, reestate, private equity, anhee fun, whiwere to manageexternally. Eaexternmanager wlimiteto approximately $75 million of the funs assets. incatein the table below, the number of externmanagers requiregrew from about 30 to almost 150 the enof the perio This woulhave placesubstantiman on the governanresources of the funto allow for intification of suitable managers anto monitor their performance.B is incorrect. The liquity requirements of the funhnot change trevenues were again flowing into the fun anthe funhelsubstanti(10%) bonancash investments. C is incorrect. Phase 3 incates no change in risk from Phase 2. In Phase 2, the funwalloweto increase its risk exposure; it coulinvest in public equites, high-yielbon, private equity, hee fun, anreestate. In Phase 1, investments were very low risk—cash anhigh-gra bon. 这道题题干中写了每个外部经理只能管75million资产,题干中并没有提高经理数量,为什么在答案中却突然联想到经理数量的角度去答题?

2024-09-24 15:33 1 · 回答

NO.PZ202206210100000103 问题如下 In Phase 3, the most likely change in the constraints facing OHF’s ability to unrtake asset allocation arose from increaseneefor: A.governanresources. B.liquity. C.risk rection. SolutionA is correct. In Phase 3, 40% of assets were to investein high-yielbon, reestate, private equity, anhee fun, whiwere to manageexternally. Eaexternmanager wlimiteto approximately $75 million of the funs assets. incatein the table below, the number of externmanagers requiregrew from about 30 to almost 150 the enof the perio This woulhave placesubstantiman on the governanresources of the funto allow for intification of suitable managers anto monitor their performance.B is incorrect. The liquity requirements of the funhnot change trevenues were again flowing into the fun anthe funhelsubstanti(10%) bonancash investments. C is incorrect. Phase 3 incates no change in risk from Phase 2. In Phase 2, the funwalloweto increase its risk exposure; it coulinvest in public equites, high-yielbon, private equity, hee fun, anreestate. In Phase 1, investments were very low risk—cash anhigh-gra bon. 这道题的题目和phase3的段落没读懂,能麻烦老师一下吗?

2023-04-26 15:16 1 · 回答

NO.PZ202206210100000103 问题如下 In Phase 3, the most likely change in the constraints facing OHF’s ability to unrtake asset allocation arose from increaseneefor: A.governanresources. B.liquity. C.risk rection. SolutionA is correct. In Phase 3, 40% of assets were to investein high-yielbon, reestate, private equity, anhee fun, whiwere to manageexternally. Eaexternmanager wlimiteto approximately $75 million of the funs assets. incatein the table below, the number of externmanagers requiregrew from about 30 to almost 150 the enof the perio This woulhave placesubstantiman on the governanresources of the funto allow for intification of suitable managers anto monitor their performance.B is incorrect. The liquity requirements of the funhnot change trevenues were again flowing into the fun anthe funhelsubstanti(10%) bonancash investments. C is incorrect. Phase 3 incates no change in risk from Phase 2. In Phase 2, the funwalloweto increase its risk exposure; it coulinvest in public equites, high-yielbon, private equity, hee fun, anreestate. In Phase 1, investments were very low risk—cash anhigh-gra bon. governanresources在讲义里有提到么?我也是排除才能理解。

2023-03-28 21:00 1 · 回答