It was just a line mentioned in the notes given by sir. But I suppose, I got the answer. Please confirm if it's the right reasoning. Since private equity and private real assets are considered as "blind pools" i.e they don't start acquiring assets until all the capital has been called up.
It was just a line mentioned in the notes given by sir.
But I suppose, I got the answer. Please confirm if it’s the right reasoning.
Since private equity and private real assets are considered as “blind pools” i.e they don’t start acquiring assets until all the capital has been called up.
Dealer's bid ask quotes depends upon 3 factors: *Relationship with client *spread in interbank markets *volume of transaction. If the volume of transaction is huge then the spread quoted by the dealer will increase. Because due to large volume, the risk of being not covered equally on both sidesRead more
Dealer’s bid ask quotes depends upon 3 factors: *Relationship with client *spread in interbank markets *volume of transaction.
If the volume of transaction is huge then the spread quoted by the dealer will increase. Because due to large volume, the risk of being not covered equally on both sides of the quote will increase and hence building a net long or a net short position. Therefore to compensate, dealers will demand higher spread.
Point B and C will be covered under the point- interbank market spread. When there is drop in volatility or when major markets like London and New York are open then the risk for a dealer will decrease and therefore he will quote a narrow spread.
They have taken change in accounts payable as reflected by the figure "22". Instead we don't take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operaRead more
They have taken change in accounts payable as reflected by the figure “22”. Instead we don’t take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operating activity of a firm) and hence not to be included.
Equilibrium models use fewer variables to be "estimated" Whereas in ho-lee model we need to estimate the correct theta(drift term) via Calibration in order to correctly price on the run treasury securities.
Equilibrium models use fewer variables to be “estimated” Whereas in ho-lee model we need to estimate the correct theta(drift term) via Calibration in order to correctly price on the run treasury securities.
Asset allocation to alternative investments
It was just a line mentioned in the notes given by sir. But I suppose, I got the answer. Please confirm if it's the right reasoning. Since private equity and private real assets are considered as "blind pools" i.e they don't start acquiring assets until all the capital has been called up.
It was just a line mentioned in the notes given by sir.
See lessBut I suppose, I got the answer. Please confirm if it’s the right reasoning.
Since private equity and private real assets are considered as “blind pools” i.e they don’t start acquiring assets until all the capital has been called up.
Capital market expectation
I have edited it.. Please help me solve this ques
I have edited it.. Please help me solve this ques
See lessRisk management for individuals
Got this one! No need to explain. Was thinking from different perspective. Thanku!
Got this one! No need to explain. Was thinking from different perspective.
Thanku!
See lessTopics in private wealth management
I couldn't understand the relevance of the table given in the ques and how to interpret the same. Please help me understand the ques.
I couldn’t understand the relevance of the table given in the ques and how to interpret the same. Please help me understand the ques.
See lessPortfolio performance evaluation
That's what I m asking... What r they trying to say about return based benchmarks
That’s what I m asking… What r they trying to say about return based benchmarks
See lessCurrency exchange rate
Dealer's bid ask quotes depends upon 3 factors: *Relationship with client *spread in interbank markets *volume of transaction. If the volume of transaction is huge then the spread quoted by the dealer will increase. Because due to large volume, the risk of being not covered equally on both sidesRead more
Dealer’s bid ask quotes depends upon 3 factors: *Relationship with client *spread in interbank markets *volume of transaction.
If the volume of transaction is huge then the spread quoted by the dealer will increase. Because due to large volume, the risk of being not covered equally on both sides of the quote will increase and hence building a net long or a net short position. Therefore to compensate, dealers will demand higher spread.
See lessPoint B and C will be covered under the point- interbank market spread. When there is drop in volatility or when major markets like London and New York are open then the risk for a dealer will decrease and therefore he will quote a narrow spread.
carried interest
They have done it incorrectly.
They have done it incorrectly.
See lessEquity l2
They have taken change in accounts payable as reflected by the figure "22". Instead we don't take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operaRead more
They have taken change in accounts payable as reflected by the figure “22”. Instead we don’t take notes payable in the calculation because we have to only consider operating non-cash assets and liabilities and since notes payable are considered to be financial in nature(which does not reflect operating activity of a firm) and hence not to be included.
See lessFixed Income
Equilibrium models use fewer variables to be "estimated" Whereas in ho-lee model we need to estimate the correct theta(drift term) via Calibration in order to correctly price on the run treasury securities.
Equilibrium models use fewer variables to be “estimated” Whereas in ho-lee model we need to estimate the correct theta(drift term) via Calibration in order to correctly price on the run treasury securities.
See lessBinomial Tree