问一道题：NO.PZ2019122802000019

NO.PZ2019122802000019 问题如下 Bern Zang is the chief investment officer of the Janson University Enwment Investment Office. The Janson University Enwment Fun(the “Fun) is basein the UniteStates anhcurrent assets unr management of $10 billion, with minimexposure to alternative investments. Zang currently seeks to increase the Funs allocation to hee fun anconsirs four strategies: cateshort bias, merger arbitrage, convertible bonarbitrage, anglobmacro.a meeting with the Funs boarof rectors, the boarmantes Zang to invest only in event-iven anrelative value hee funstrategies.termine, if cateshort biis permittegiven the boars mante. Justify your response. A cateshort bihee funstrategy is not permitteto invest.A cateshort bihee funstrategy is example of equity hee funstrategy, not event-iven or relative value strategy. Equity hee funstrategies focus primarily on the equity markets, anthe majority of their risk profiles contain equity-orienterisk. cateshort bimanagers look for possible short selling targets among companies thare overvalue thare experiencing clining revenues anor earnings, or thhave internmanagement conflicts, wecorporate governance, or even potentiaccounting frau.这个题目就是简单考察HF的分类，题目说了要找event iven或者relative value strategy, 那么cateshort bias属于equity strategy，所以就不能使用。 这样回答可否拿满分cateshort biis not permittegiven the boars mante. The cateshort biis equity hee funstrategy, not event iven or relative value hee funstrategies. 题目只是问这个满不满足boar要求，上面这样回答可以吗？还是一定要对equity HF strategy和cateshort bi进行？

NO.PZ2019122802000019 问题如下 Bern Zang is the chief investment officer of the Janson University Enwment Investment Office. The Janson University Enwment Fun(the “Fun) is basein the UniteStates anhcurrent assets unr management of $10 billion, with minimexposure to alternative investments. Zang currently seeks to increase the Funs allocation to hee fun anconsirs four strategies: cateshort bias, merger arbitrage, convertible bonarbitrage, anglobmacro.a meeting with the Funs boarof rectors, the boarmantes Zang to invest only in event-iven anrelative value hee funstrategies.termine, if cateshort biis permittegiven the boars mante. Justify your response. A cateshort bihee funstrategy is not permitteto invest.A cateshort bihee funstrategy is example of equity hee funstrategy, not event-iven or relative value strategy. Equity hee funstrategies focus primarily on the equity markets, anthe majority of their risk profiles contain equity-orienterisk. cateshort bimanagers look for possible short selling targets among companies thare overvalue thare experiencing clining revenues anor earnings, or thhave internmanagement conflicts, wecorporate governance, or even potentiaccounting frau.这个题目就是简单考察HF的分类，题目说了要找event iven或者relative value strategy, 那么cateshort bias属于equity strategy，所以就不能使用。 the boars mante is event-iven anrelative value hee funstrategies.cateshort biis neither event-iven nor relative value hee funstrategies.so it is not permittegiven the boars mante.

NO.PZ2019122802000019 问题如下 Bern Zang is the chief investment officer of the Janson University Enwment Investment Office. The Janson University Enwment Fun(the “Fun) is basein the UniteStates anhcurrent assets unr management of $10 billion, with minimexposure to alternative investments. Zang currently seeks to increase the Funs allocation to hee fun anconsirs four strategies: cateshort bias, merger arbitrage, convertible bonarbitrage, anglobmacro.a meeting with the Funs boarof rectors, the boarmantes Zang to invest only in event-iven anrelative value hee funstrategies.termine, if cateshort biis permittegiven the boars mante. Justify your response. A cateshort bihee funstrategy is not permitteto invest.A cateshort bihee funstrategy is example of equity hee funstrategy, not event-iven or relative value strategy. Equity hee funstrategies focus primarily on the equity markets, anthe majority of their risk profiles contain equity-orienterisk. cateshort bimanagers look for possible short selling targets among companies thare overvalue thare experiencing clining revenues anor earnings, or thhave internmanagement conflicts, wecorporate governance, or even potentiaccounting frau.这个题目就是简单考察HF的分类，题目说了要找event iven或者relative value strategy, 那么cateshort bias属于equity strategy，所以就不能使用。 Equity market neutr是否也算是一种relative strategy？因为long short对冲

NO.PZ2019122802000019 问题如下 Bern Zang is the chief investment officer of the Janson University Enwment Investment Office. The Janson University Enwment Fun(the “Fun) is basein the UniteStates anhcurrent assets unr management of $10 billion, with minimexposure to alternative investments. Zang currently seeks to increase the Funs allocation to hee fun anconsirs four strategies: cateshort bias, merger arbitrage, convertible bonarbitrage, anglobmacro.a meeting with the Funs boarof rectors, the boarmantes Zang to invest only in event-iven anrelative value hee funstrategies.termine, if cateshort biis permittegiven the boars mante. Justify your response. A cateshort bihee funstrategy is not permitteto invest.A cateshort bihee funstrategy is example of equity hee funstrategy, not event-iven or relative value strategy. Equity hee funstrategies focus primarily on the equity markets, anthe majority of their risk profiles contain equity-orienterisk. cateshort bimanagers look for possible short selling targets among companies thare overvalue thare experiencing clining revenues anor earnings, or thhave internmanagement conflicts, wecorporate governance, or even potentiaccounting frau.这个题目就是简单考察HF的分类，题目说了要找event iven或者relative value strategy, 那么cateshort bias属于equity strategy，所以就不能使用。 按照详解的逻辑, globmacro是不是也不合适?

NO.PZ2019122802000019 A cateshort bihee funstrategy is not permitteto invest. A cateshort bihee funstrategy is example of equity hee funstrategy, not event-iven or relative value strategy. 就回答这么都可以吗？