NO.PZ202206070100000302
问题如下：
When considering the proposed weights for the developed markets portfolio, the most appropriate adjustment for Standish to make is to reduce the asset weighting in:选项：
A.Chile. B.Switzerland. C.the United States.解释：
Solution
B is correct. With above-average inflation, Chilean real estate is expected to outperform. Below-average inflation would likely cause US equities to outperform but have a neutral effect on Swiss bonds. Therefore, Standish should reduce the weight in Swiss bonds relative to the other two assets.
A is incorrect: With above-average inflation, Chilean real estate is expected to outperform. Below-average inflation would likely cause US equities to outperform but have a neutral effect on Swiss bonds. Therefore, Standish should reduce the weight in Swiss bonds relative to the other two assets.
C is incorrect. With above-average inflation, Chilean real estate is expected to outperform. Below-average inflation would likely cause US equities to outperform but have a neutral effect on Swiss bonds. Therefore, Standish should reduce the weight in Swiss bonds relative to the other two assets.
题目考察的通胀/通缩对于不同大类资产的影响。由于通货膨胀率高于平均水平，智利房地产市场的表现将会胜出。美国预期范围内的通胀不会影响美国股市，但瑞士高于预期范围的通胀应会对瑞士债券产生负面影响。因此，相对于其他两种资产，投资者应该减少瑞士债券的比重。
A是不正确的，因为在高于平均水平的通胀情况下，智利房地产的表现预计将优于其他国家，因此投资者在投资组合中的资产权重应该增加。
C也是错误的，因为如果美国的通胀在预期范围内，所以没有理由修改持有的数量。
请问高于预期的inflation不会对real estate产生不利影响么？比如租金下降等等，这个是在哪个知识点，能把对应知识点讲义发下么？谢谢！
