NO.PZ2018062008000002
问题如下:
If an investor wants to add an alternative investment in the portfolio which satisfy below criteria: 1) has low correlation with traditional assets, 2) profit from long and short positions, or profit from pricing discrepancy between related securities:
选项:
A.a private equity fund.
B.a hedge fund.
C.a real estate.
解释:
B is correct.
三个选项中只有Hedge funds 能允许做空,可以采用同时做多、做空的操作;同时Hedge funds 投资策略包括有事件驱动、宏观驱动等多种策略,且整体与传统资产相关性较低。因此,综合来看只有B选项最符合题目的描述。
Hedge fund 与传统的投资的correlation低是什么原因?是因为beta=0吗?