问题如下：
3. Based on Exhibits 1 and 2, to attempt to profit from the short- term excess return forecast, Capara should increase KUE’s portfolio allocation to:
选项：
A.developed markets equity and decrease its allocation to infrastructure.
B.emerging markets equity and decrease its allocation to investment- grade bonds.
C.developed markets equity and increase its allocation to private real estate equity.
解释：
A is correct.
The forecast for expected excess returns is positive for developed markets equity and negative for infrastructure. Therefore, to attempt to profit from the short- term excess return forecast, KUE can overweight developed markets equity and underweight infrastructure. These adjustments to the asset-class weights are within KUE’s lower and upper policy limits.
第三小题，如果不考虑upperlimit 限制，能不能同时增加两个subset的权重？
