NO.PZ201909280100000805
问题如下:
5 The suitability concern discussed by Kroll and Park most likely deals with:
选项:
A.
governance.
B.
transparency.
C.
investment horizon.
解释:
B is correct.
The pension plan’s investment in private equities via a blind pool presents the prospect that less than perfect transparency will be associated with the underlying holdings of the alternative asset manager. Capital is committed for an investment in a portfolio of assets that are not specified in advance. In addition, reporting for alternative funds is often less transparent than investors are accustomed to seeing on their stock and bond portfolios.
养老金计划通过盲池对私募股权的投资呈现出这样一种前景,即另类资产管理公司的基础持股将不完全透明。 资本承诺投资于未事先指定的资产组合。 此外,另类基金的报告通常不如投资者习惯看到的股票和债券投资组合透明。
下来解释一下blind pool:blind pool是直接参与计划或有限合伙制,缺乏针对投资者筹集资金的既定投资目标。 在盲目的资金池中,通常是基于特定个人或公司的名称来从投资者筹集资金。 他们通常由具有广泛酌处权的普通合伙人进行管理。 blind pool可能有一些明确规定的目标,例如增长或收入,或者着眼于特定行业或资产。 通常很少有限制或保障投资者安全的措施。 blind pool也称为“空白支票承销”或“空白支票发行”。
如果投资不透明, 那么investment committee也无法履行governance的职责吧?