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NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. 老师，请问“4人投资团队”可以推断出这个公司的总资产比较少这个结论吗？我在回答中可以说，公司总资产少，所以可能不满足Minimum Asset size Requirement？

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. Reject. The enwment's asset allocation constitute20% in private equity an40% in hee fun whiincates a large amount portion of alternative investment. However, the Enwment’s assets unr management are relatively small anCIO only ha four-person-staff team. Susmall amount of assets unr management might not fulfill the minimum amount of asset size requirement to implement a hee funinvestment annot easy to have a versifieportfolio. Also, only 4 person in the teincatethinsufficient skill of alternative investments anmight harto gain access to the outsi manager. 

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. Reject.Sinthe enwment asset size is relatively small with few investment staff, it's inapporate to invest sush a high proportion of alternatives.The minimum investment of alternatives is high anquite ffcult to implement.

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. Reject.One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome. We csee ththe portion of investing Alternatives (PE+Hee fun) takes up to 60% of the totportfolio.However, the Enwment’s assets unr management are relatively small anthere is only four-person staff in the investment team. Small asset size woultrigger problems investing in Alternatives. Alternatives investment require minimum size of investment anpropefssioninvestment competenwhismall institutions esnt have.

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. Reject. The enwment's assets unr management are relatively small, whiis harto meet the high minimum investment size of alternative investment. Alternative investments require a long-term investment horizon anrelatively low liquity nee. But the enwment hannuspenng poliof 6% of the five-yerolling asset value, whimeans the liquity neeis strong, the risk toleranis below average. The enwment only have four staff anone CIO, it esn't have a well-structuregovernanframework.