此类问题的回答是否需要写出asset的6 个要求

NO.PZ2022122801000012 问题如下 Roggen Family CharitableFountion (RFCF)’s current portfolio is valueEUR 250 million, with 50% inequities an50% in fixeincome. The portfolio’s equity holngs are in a funracking a broinx of EUR-nominatestocks; the fixeincome holngs arein a funtracking all-maturity inx of EUR- nominategovernment bon. To betterversify the poliasset allocation globally, Loucks specifically recommenthRoggen consir aing the following four asset classes:Ÿ Non-EUR velopemarketequitiesŸ Emerging market equitiesŸ BroEUR fixeincome, inclung government ancretŸ Alternative investments, inclung reestate, commoties, anrivate equityscuss, with two reasons, why the set of six asset classes (current portfolioplus Loucks’ recommentions) for the RFpoliasset allocation are notappropriately specifie There are fivecriteria thshoulmet for a set of asset classes to appropriatelyspecifieŸ Assets within asset classshoulrelatively homogeneousŸ Asset classes shoulmutually exclusiveŸ Asset classes shoulversifyingŸ The asset classes a group shoulmake up a preponranof worlnvestable wealthŸ The asset class shoulhave the capacity to absorb a significantfraction of the investor’s portfolio without seriously affecting the portfolio’sliquityLoucks’ set of sixasset classes is not appropriately specifiebecause:1) Aing broaUR fixeincome exposure violates the seconcriterion – thasset classesshoulmutually exclusive. RFalrea hexposure to EUR-nominateovernment bon. The broEUR fixeincome exposure contains bothEUR-nominategovernment bon anEUR-nominatecret bon. Thisaition creates overlbetween the existing asset class anthe new assetclass.2) Even if all fourof the recommenasset classes are ae the fourth criterion is notsatisfie the RFportfolio woulstill not have any exposure to non-EURbon (anpotentially other asset classes).3) Placing realestate, commoties, anprivate equity into a single asset class violates thefirst criterion: assets within asset class shoulrelatively homogeneous. 回答的时候答了一个点，EUR-nominatestocks 包含了emerging equities，所以增加emerging market equities违反了mutally exclusive，这个算对吗？

NO.PZ2022122801000012问题如下 Roggen Family CharitableFountion (RFCF)’s current portfolio is valueEUR 250 million, with 50% inequities an50% in fixeincome. The portfolio’s equity holngs are in a funracking a broinx of EUR-nominatestocks; the fixeincome holngs arein a funtracking all-maturity inx of EUR- nominategovernment bon. To betterversify the poliasset allocation globally, Loucks specifically recommenthRoggen consir aing the following four asset classes:Ÿ Non-EUR velopemarketequitiesŸ Emerging market equitiesŸ BroEUR fixeincome, inclung government ancretŸ Alternative investments, inclung reestate, commoties, anrivate equityscuss, with two reasons, why the set of six asset classes (current portfolioplus Loucks’ recommentions) for the RFpoliasset allocation are notappropriately specifie There are fivecriteria thshoulmet for a set of asset classes to appropriatelyspecifieŸ Assets within asset classshoulrelatively homogeneousŸ Asset classes shoulmutually exclusiveŸ Asset classes shoulversifyingŸ The asset classes a group shoulmake up a preponranof worlnvestable wealthŸ The asset class shoulhave the capacity to absorb a significantfraction of the investor’s portfolio without seriously affecting the portfolio’sliquityLoucks’ set of sixasset classes is not appropriately specifiebecause:1) Aing broaUR fixeincome exposure violates the seconcriterion – thasset classesshoulmutually exclusive. RFalrea hexposure to EUR-nominateovernment bon. The broEUR fixeincome exposure contains bothEUR-nominategovernment bon anEUR-nominatecret bon. Thisaition creates overlbetween the existing asset class anthe new assetclass.2) Even if all fourof the recommenasset classes are ae the fourth criterion is notsatisfie the RFportfolio woulstill not have any exposure to non-EURbon (anpotentially other asset classes).3) Placing realestate, commoties, anprivate equity into a single asset class violates thefirst criterion: assets within asset class shoulrelatively homogeneous. 老师，能否以size角度分析不适合的原因？因为该基金size是250million，小于500million，属于small institution. 该基金现有组合外，有可能没有足够金额去投资另类，Alternatives are not investable。

NO.PZ2022122801000012 问题如下 Roggen Family CharitableFountion (RFCF)’s current portfolio is valueEUR 250 million, with 50% inequities an50% in fixeincome. The portfolio’s equity holngs are in a funracking a broinx of EUR-nominatestocks; the fixeincome holngs arein a funtracking all-maturity inx of EUR- nominategovernment bon. To betterversify the poliasset allocation globally, Loucks specifically recommenthRoggen consir aing the following four asset classes:Ÿ Non-EUR velopemarketequitiesŸ Emerging market equitiesŸ BroEUR fixeincome, inclung government ancretŸ Alternative investments, inclung reestate, commoties, anrivate equityscuss, with two reasons, why the set of six asset classes (current portfolioplus Loucks’ recommentions) for the RFpoliasset allocation are notappropriately specifie There are fivecriteria thshoulmet for a set of asset classes to appropriatelyspecifieŸ Assets within asset classshoulrelatively homogeneousŸ Asset classes shoulmutually exclusiveŸ Asset classes shoulversifyingŸ The asset classes a group shoulmake up a preponranof worlnvestable wealthŸ The asset class shoulhave the capacity to absorb a significantfraction of the investor’s portfolio without seriously affecting the portfolio’sliquityLoucks’ set of sixasset classes is not appropriately specifiebecause:1) Aing broaUR fixeincome exposure violates the seconcriterion – thasset classesshoulmutually exclusive. RFalrea hexposure to EUR-nominateovernment bon. The broEUR fixeincome exposure contains bothEUR-nominategovernment bon anEUR-nominatecret bon. Thisaition creates overlbetween the existing asset class anthe new assetclass.2) Even if all fourof the recommenasset classes are ae the fourth criterion is notsatisfie the RFportfolio woulstill not have any exposure to non-EURbon (anpotentially other asset classes).3) Placing realestate, commoties, anprivate equity into a single asset class violates thefirst criterion: assets within asset class shoulrelatively homogeneous. 题目中bon两个类别产生的问题为什么不是versifying不够，而是mutually exclusive，个人感觉两个问题都有？