NO.PZ2016071602000026
问题如下:
Investors should insist on learning about the positions of hedge funds because
选项:
A.They want to trade ahead of the hedge fund.
B.They do not understand the trading strategies behind the positions.
C.They want to aggregate the risk of hedge funds with the rest of their portfolio.
D.They receive the information from the prime broker anyway.
解释:
C is correct. Risk aggregation is an important reason for investors to learn about the positions of their investments in hedge funds. Answer a. is incorrect because front-running the hedge fund would be a reason not to disclose position information. Answer b. is incorrect because misunderstanding the trading strategies would be a reason not to require position information. Answer d. is incorrect because they do not receive position information from the prime broker.
Answer a. is incorrect because front-running the hedge fund would be a reason not to disclose position information. 这个A选项的解析怎么理解,投资者想要了解对冲基金的头寸不就是为了自己能抢先交易吗