烦请老师帮忙看下是否可以这么回答，谢谢老师

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. Reject.One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome. We csee ththe portion of investing Alternatives (PE+Hee fun) takes up to 60% of the totportfolio.However, the Enwment’s assets unr management are relatively small anthere is only four-person staff in the investment team. Small asset size woultrigger problems investing in Alternatives. Alternatives investment require minimum size of investment anpropefssioninvestment competenwhismall institutions esnt have.

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. Reject. The enwment's assets unr management are relatively small, whiis harto meet the high minimum investment size of alternative investment. Alternative investments require a long-term investment horizon anrelatively low liquity nee. But the enwment hannuspenng poliof 6% of the five-yerolling asset value, whimeans the liquity neeis strong, the risk toleranis below average. The enwment only have four staff anone CIO, it esn't have a well-structuregovernanframework.

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. 对于小机构来说，alternatives都不能投。不管是内部直接的投资或是外包？

NO.PZ2019100901000017 问题如下 The Prometheo University Scholarship Enwment (the Enwment) westablishein 1950 ansupports scholarships for stunts attenng Prometheo University. The Enwment’s assets unr management are relatively small, anit hannuspenng poliof 6% of the five-yerolling asset value.Upon completion of the investment polireview her four-person staff, the CIO makes some recommentions to the Enwment’s boarregarng the investment objectives anasset allocation. One of her recommentions is to apt the enwment mol investment approach. She recommen investing 20% in private equity, 40% in hee fun, 25% in public equities, an15% in fixeincome.termine whether the boarshoulaccept the CIO’s recommention. Justify your response. Justify your response:The boarshoulrejethe CIO’s recommention. This recommention is a significant parture from current practianentails a muhigher level of risk. The size of the investment teis small, with only four people, anit mnot have aquate access to or experienin alternative investments. Given the relatively small size of the Enwment, it is unlikely thit haccess to top managers in the hee funanprivate equity spaces. 老师好，请问这道题其中关于基金规模过小无法投资与alternative，我的回答角度可以拿到分数吗a relatively smfunthe funmight ha fficulty to meet the minimum invesetment requirement for investement in a large portion on the alternative asset;