精 保險公司發(fā)代理人傭金顯示勞務報酬，但扣稅依計為什么是按工資薪金七級累計計算。
精 請問另類R20 example3，private investment return are very sensitive to the funds vintage year是什么含義？
精 老師，請問這道題答案解析里標藍的Hedge funds typically have higher fees, but the fee structures are typically aligned with investors.是什么意思？
精 老師，請問沖刺筆記R20的這句話是什么意思：infrastructure investments require a lonzer time horizon and their correlation with inflation may be linited.
精 請問event driven strategy is exposed to equity market beta risk ,怎么理解呢？
精 什么叫manager-specific operational risks.？
精 請問老師，liquid alternative investment指的是什么，和傳統(tǒng)認知的alternative investment有什么區(qū)別
精 為什么說public real estate是highly liquid的？
精 我認為equity market neutral 并不會有很高的turnover ratio。neutral的頭寸靠leverage去增加收益，并不會頻繁買賣。
精 請問： Mukilteo examines an opportunistic strategy implemented by one of the hedge funds under consideration. The hedge fund manager selects 12 AAA rated corporate bonds with actively traded futures contracts and approximately equal durations. For each corporate bond, the manager calculates the 30-day change in the yield spread over a constant risk-free rate. He then ranks the bonds according to this spread change. For the bonds that show the greatest spread narrowing (widening), the hedge fund will take long (short) positions in their futures contracts. The net holding for this strategy is market neutral. 之所以會take long position是因為他們spread has narrowed 所以會bounce back 所以long 他們？ 我沒有理解， spread narrow 不是意味著債券價格升高嗎，那為什么還會long 呢？
精 另類第一題 啥時候回答有關dummy variable的知識點？
精 對于merge arbitrage策略，為何一方面具有Left-tail的特征，另一方面還具有較高的sharpe ratio?
精 第7題，聽了N遍，不懂什么意思？什么LP防止GP做什么，不理解
精 紀老師舉的可轉債套利的例子，理解起來很簡單啊，并沒有用到什么delta hedging，gamma trading啊
精 老師好， alternatives R20 寫作題AEFheah group 第二小問 我選的risk approach，因為題目中說了IC’s goal is diversifying portfolio with alter assets. risk factor不是可以avoid investing into two high correlated asset classes的嗎？ 謝謝老師
金程問答
