NO.PZ2023010407000033
问题如下:
Kroll and Park then discuss suitability considerations
related to the allocation in Exhibit 1. Kroll understands that one of the
drawbacks of including the proposed alternative asset classes is that daily
reporting will no longer be available. Investment reports for alternatives will
likely be received after monthly or quarter-end deadlines used for the plan’s
traditional investments. Park emphasizes that in a typical private equity
structure, the pension fund makes a commitment of capital to a blind pool as
part of the private investment partnership.
The suitability concern discussed by Kroll and Park most likely deals with:
选项:
A.
governance.
B.
transparency.
C.
investment horizon.
解释:
B is correct. The
pension plan’s investment in private equities via a blind pool presents the
prospect that less than perfect transparency will be associated with the
underlying holdings of the alternative asset manager. Capital is committed for
an investment in a portfolio of assets that are not specified in advance. In
addition, reporting for alternative funds is often less transparent than
investors are accustomed to seeing on their stock and bond portfolios.
完全没看懂这是哪个考点?