NO.PZ202301040900002202
问题如下:
(2) Upon
completion of the investment policy review by her four-person staff, the CIO
makes some recommendations to the Endowment’s board regarding the investment
objectives and asset allocation. One of her recommendations is to adopt the
endowment model as an investment approach. She recommends investing 20% in
private equity, 40% in hedge funds, 25% in public equities, and 15% in fixed
income.
Determine whether
the board should accept the CIO’s recommendation. Justify your response.
选项:
解释:
Endowment’s assets under management are relatively small, it may difficult to meet the minimal investment requiremnt for some alternative investment. This may cause the portfolio less diversified