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angelinuk · 2020年01月18日

问一道题:NO.PZ2019103001000077

问题如下:

Gerber also is preparing a more general discussion about domestic versus international portfolio management. In Gerber’s written report, Petit identifies three statements that she wants to check for accuracy.

Statement 1:Currency risk in global credit portfolios can be mitigated by using currency swaps or by investing in credits denominated in currencies that are pegged or tightly managed by the government.

Statement 2:Liquidity concerns for EM credits are mitigated by their frequency of trading and modest legal risk.

Statement 3:Sectors tend to perform similarly across regions.

Which of Gerber’s statements about international credit management is correct?

选项:

A.

Statement 1

B.

Statement 2

C.

Statement 2

解释:

A is correct.

Global credit managers do use currency swaps and invest in pegged currencies to hedge foreign exchange exposures.

第三句什么意思

1 个答案

发亮_品职助教 · 2020年01月18日

嗨,爱思考的PZer你好:


这道题都是在分析:domestic 投资与 International portfolio management

然后Statement 3是说Sectors tend to perform similarly across regions,在不同的区域,(同一个)板块的表现是Similar的。

这点错误。

比如说,同样是Cloting retail板块,欧洲的公司多为全球性的服装企业,亚洲的多为区域内的公司,影响他们表现的因素不同。所以把债券按板块分,同样是Cloting retail的板块,欧洲服装企业发行的债与亚洲服装企业发行的债,表现自然不同。所以不同的区域,Sector的表现不一样相同。


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