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Basel Zhang · 2023年07月08日

更适合的选择为什么不是hedge fund呢?

这道题题干说明是over funded,目标回报5.5%。并没有说要achieve "the highest portfolio return"。PE的回报远高于5.5%,但是风险也大于hedge fund。所以更适合的选择为什么不是hedge fund呢?



3 个答案

伯恩_品职助教 · 2023年07月08日

嗨,努力学习的PZer你好:


同学你好,关键这里说了是长期。既然是长期,那么就追求收益,而不看波动,足够长的周期会抹平短期收益的波动。


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努力的时光都是限量版,加油!

Basel Zhang · 2023年07月08日

The SMC pension plan has been able to fund the annual pension payments without any corporate contributions for a number of years. The committee is interested in potential changes to the asset mix that could increase the probability of achieving the long-term investment target return of 5.5% while maintaining the funded status of the plan. Park notes that fixed-income yields are expected to remain low for the foreseeable future. Kroll asks:

Statement 2 If the public equity allocation remains at 60%, is there a single asset class that could be used for the balance of the portfolio to achieve the greatest probability of maintaining the pension funding status over a long time horizon? Under this hypothetical scenario, the balance of the portfolio can be allocated to either bonds, hedge funds, or private equities.


2 In answering the question raised in Statement 2, Park would most likely recommend:


A. Bonds

B. Hedge funds

C. private equities

伯恩_品职助教 · 2023年07月08日

嗨,爱思考的PZer你好:


同学你好,能复制一下吗?或者说下这是哪个题。图片的文字太袖珍了,真的看不清。。。。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

Basel Zhang · 2023年07月08日

The SMC pension plan has been able to fund the annual pension payments without any corporate contributions for a number of years.

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