老师，能帮忙理一下这道题目两个问题的答题思路吗？谢谢

NO.PZ202205190400000302 问题如下 Q. scuss two reasons why the increaserisk profile is appropriate. Justify your response. SolutionReasons to justify the increaserisk profile inclu the following: The boarmembers’ lower return expectations for public equity anfixeincome asset classes imply a higher level of risk must taken to achieve the same level of returns. For a long-horizon institutioninvestor like Pell Tech, the ability to tolerate illiquity creates opportunity to improve portfolio versification anexpectereturns well access a broar set of investment strategies. In mean–varianoptimization mols, the inclusion of illiquiassets in the eligible investment universe mshift the efficient frontier for their portfolio upwar, theoretically resulting in greater efficien(i.e., higher expectereturns will gaineacross all given levels of risk). The portfolio risk profile for the enwment is currently more conservative in comparison to those of peer universities. Smith’s Monte Carlo simulations suggest ththe proposeasset allocation ha higher probability of achieving the return target while better preserving the purchasing power of the enwment. 麻烦翻译一下答案，补充对应的知识点

NO.PZ202205190400000302 问题如下 Q. scuss two reasons why the increaserisk profile is appropriate. Justify your response. SolutionReasons to justify the increaserisk profile inclu the following: The boarmembers’ lower return expectations for public equity anfixeincome asset classes imply a higher level of risk must taken to achieve the same level of returns. For a long-horizon institutioninvestor like Pell Tech, the ability to tolerate illiquity creates opportunity to improve portfolio versification anexpectereturns well access a broar set of investment strategies. In mean–varianoptimization mols, the inclusion of illiquiassets in the eligible investment universe mshift the efficient frontier for their portfolio upwar, theoretically resulting in greater efficien(i.e., higher expectereturns will gaineacross all given levels of risk). The portfolio risk profile for the enwment is currently more conservative in comparison to those of peer universities. Smith’s Monte Carlo simulations suggest ththe proposeasset allocation ha higher probability of achieving the return target while better preserving the purchasing power of the enwment. In mean–varianoptimization mols, the inclusion of illiquiassets in the eligible investment universe mshift the efficient frontier for their portfolio upwar, theoretically resulting in greater efficien(i.e., higher expectereturns will gaineacross all given levels of risk)这上面在这句话是什么意思？ 主观题答题的逻辑框架是什么？ 课后题目的答案都是一大段一大段的？

NO.PZ202205190400000302 问题如下 Q. scuss two reasons why the increaserisk profile is appropriate. Justify your response. SolutionReasons to justify the increaserisk profile inclu the following: The boarmembers’ lower return expectations for public equity anfixeincome asset classes imply a higher level of risk must taken to achieve the same level of returns. For a long-horizon institutioninvestor like Pell Tech, the ability to tolerate illiquity creates opportunity to improve portfolio versification anexpectereturns well access a broar set of investment strategies. In mean–varianoptimization mols, the inclusion of illiquiassets in the eligible investment universe mshift the efficient frontier for their portfolio upwar, theoretically resulting in greater efficien(i.e., higher expectereturns will gaineacross all given levels of risk). The portfolio risk profile for the enwment is currently more conservative in comparison to those of peer universities. Smith’s Monte Carlo simulations suggest ththe proposeasset allocation ha higher probability of achieving the return target while better preserving the purchasing power of the enwment. risk profile是机构IPS里的考点？你们搞错了分类了吧，视频里也没讲？什么鬼

NO.PZ202205190400000302 问题如下 Q. scuss two reasons why the increaserisk profile is appropriate. Justify your response. SolutionReasons to justify the increaserisk profile inclu the following: The boarmembers’ lower return expectations for public equity anfixeincome asset classes imply a higher level of risk must taken to achieve the same level of returns. For a long-horizon institutioninvestor like Pell Tech, the ability to tolerate illiquity creates opportunity to improve portfolio versification anexpectereturns well access a broar set of investment strategies. In mean–varianoptimization mols, the inclusion of illiquiassets in the eligible investment universe mshift the efficient frontier for their portfolio upwar, theoretically resulting in greater efficien(i.e., higher expectereturns will gaineacross all given levels of risk). The portfolio risk profile for the enwment is currently more conservative in comparison to those of peer universities. Smith’s Monte Carlo simulations suggest ththe proposeasset allocation ha higher probability of achieving the return target while better preserving the purchasing power of the enwment. $3.5 billion的规模是很大的了，haccess to top manager. 且enwment的investment objective是maintain purchase power into perpetuity，因此投资期很长，也支持increase。Again，考点是基础班讲义哪里？