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

187****9326 · 2025年05月10日

请老师解释一下养老金-退休年龄-年龄歧视,这3者之间的逻辑关系,谢谢

NO.PZ2024010507000030

问题如下:

After a meeting with the representatives of a pension fund, a potential new limited partner, ABC Private Equity Fund decided to divest from a profitable utility company that has a policy enforcing a mandatory 65-year-age retirement. The fund’s divestment decision is most likely to seek:

选项:

A.value creation for the managed portfolio of funds. B.a differentiating factor in attracting clients conscious of age discrimination. C.to manage risks that could impact the financial performance of its portfolio companies.

解释:

B is correct. With this decision, ABC Private Equity Fund is most likely to differentiate itself from private equity funds that are agnostic to age discrimination. Some investors see ESG integration as a way to differentiate themselves and attract capital from the growing pool of ESG-conscious capital allocators, such as pension funds, sovereign wealth funds, and family offices. So, they include ESG factors prominently in their investment approach and reporting to appeal to these limited partners.

请老师解释一下养老金-退休年龄-年龄歧视,这3者之间的逻辑关系,谢谢

1 个答案

净净_品职助教 · 2025年05月12日

嗨,爱思考的PZer你好:


养老金的特性:ESG 意识强

  • 养老金(Pension Funds)代表的是很多员工未来的退休保障。他们管理的是公众或员工的钱,所以特别关注 企业社会责任(CSR)和道德声誉风险。因此,很多养老金对投资标的有明确的 ESG 要求,包括:不投资违反环保法规的公司不投资存在 歧视行为 的公司(包括性别歧视、年龄歧视等)

强制65岁退休政策 → 年龄歧视风险

  • 某些公司规定员工必须在 65 岁时强制退休,不管其工作能力或意愿。这样的政策在很多司法辖区可能被视为年龄歧视。一家养老金如果投资这样的公司,可能会被质疑支持“年龄不平等”。

私募基金的角色

  • ABC 私募基金原本持有这家盈利的公用事业公司(即 utility company)。后来与养老金的代表开会后,意识到这家公司 65岁强制退休 的政策可能引发养老金出资人的 ESG 担忧。为了吸引/满足这些 ESG 有意识的出资人(LPs),基金决定从该公司撤资(divest)。

选项 B 正确的原因是:ABC 基金不是因为财务因素退出这家公司(公司还盈利),而是想在 ESG 意识强的客户群体中树立差异化形象,尤其是向潜在出资人(如养老金)展示:我们关心社会问题,也在实际投资中体现这一价值观。这就是为什么说:“这项撤资决定是为了吸引对年龄歧视敏感的客户,从而实现差异化竞争。”

----------------------------------------------
加油吧,让我们一起遇见更好的自己!

  • 1

    回答
  • 0

    关注
  • 5

    浏览
相关问题

NO.PZ2024010507000030 问题如下 After a meeting with the representatives of a pension fun a potentinew limitepartner, APrivate Equity Funcito vest from a profitable utility company thha polienforcing a mantory 65-year-age retirement. The funs vestment cision is most likely to seek: A.value creation for the manageportfolio of fun. B.a fferentiating factor in attracting clients conscious of age scrimination. C.to manage risks thcoulimpathe financiperformanof its portfolio companies. B is correct. With this cision, APrivate Equity Funis most likely to fferentiate itself from private equity fun thare agnostic to age scrimination. Some investors see ESG integration a wto fferentiate themselves anattracapitfrom the growing pool of ESG-conscious capitallocators, supension fun, sovereign wealth fun, anfamily offices. So, they inclu ESG factors prominently in their investment approaanreporting to appeto these limitepartners. C表达的不是从管理组合里撤资是管理风险的行为吗?funmanager因为被投资公司的强制退休政策撤资,不正是规避风险的行为,B说的年龄歧视的因素不还是会对投资产生风险的一个因素吗,那C表述的直接是管理风险有什么不对呢?

2025-04-06 11:24 1 · 回答

知识点对应错误 没看懂解析

2024-10-31 16:09 1 · 回答

NO.PZ2024010507000030 问题如下 After a meeting with the representatives of a pension fun a potentinew limitepartner, APrivate Equity Funcito vest from a profitable utility company thha polienforcing a mantory 65-year-age retirement. The funs vestment cision is most likely to seek: A.value creation for the manageportfolio of fun. B.a fferentiating factor in attracting clients conscious of age scrimination. C.to manage risks thcoulimpathe financiperformanof its portfolio companies. B is correct. With this cision, APrivate Equity Funis most likely to fferentiate itself from private equity fun thare agnostic to age scrimination. Some investors see ESG integration a wto fferentiate themselves anattracapitfrom the growing pool of ESG-conscious capitallocators, supension fun, sovereign wealth fun, anfamily offices. So, they inclu ESG factors prominently in their investment approaanreporting to appeto these limitepartners. C为什么不对?B中文翻译是什么,感觉表述的有点别扭。

2024-05-23 15:15 2 · 回答