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沉睡宝宝鸭 · 2024年09月21日

可否翻译一下每一个选项

NO.PZ2019042401000052

问题如下:

A group of newly hired investment analysts at a large wealth management firm is undergoing training on the company’s investment practices, including hedge fund investments. Part of the training addresses the firm's due diligence process for evaluating hedge funds considered for investment. Which of the following statements about due diligence on the operational environment of a hedge fund is correct?

选项:

A.

An investor should assess the qualifications of the fund’s investment team members but does not need to do the same for other fund personnel.

B.

An investor should investigate the fund’s compliance practices but does not need to ensure that the fund has an in-house compliance function.

C.

An investor should review the fund documents but does not need to verify with the fund’s law firm whether they are responsible for the content of these documents.

D.

An investor should ask if the fund uses third-party service providers but does not need to inquire about the fund’s relationships with these service providers.

解释:

B is correct. Compliance practices are crucial aspects of due diligence, and investors need to ensure that hedge funds have robust compliance procedures in place, either through an in-house function or an outsourced arrangement.A is incorrect. Due diligence should encompass assessing the qualifications of all personnel involved in the fund's operations, not just the investment team.C is incorrect. Verification with the fund's law firm regarding responsibility for the content of fund documents is an essential step in due diligence.D is incorrect. Due diligence includes investigating a fund's relationships with third-party service providers to assess operational risks and dependencies.

​可否翻译一下每一个选项。。。。

1 个答案

李坏_品职助教 · 2024年09月22日

嗨,努力学习的PZer你好:


题目问你关于hedge fund的operational environment (运营环境)的尽职调查叙述,哪一个是正确的?


A选项说投资者只需要评估基金公司的投资管理人员的资质,不需要评估公司其他部门的人员资质。这个错误。投资者应该全面评估基金公司的所有工作人员的资质。


B选项说投资者应该调查基金公司的合规管理制度,但不一定确保基金公司内部有合规部门。这个是正确的。基金公司也可以采用外包的合规部门,不一定必须是in-house。


C说的是投资者应该检查公司的文件,但不需要拿去与公司的律师事务所进行验证。这个说法明显错误。投资者必须把公司的主要文件拿去与公司的律师事务所进行核实与验证。


D说的是投资者应该询问公司是否使用了第三方服务供应商,但不需要确保公司与供应商之间的关系。这个错误。检查公司与其他供应商的内部关系,是尽职调查必备的内容。


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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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2024-03-06 08:55 2 · 回答