PM Cases

Question 1

Advantages of Execution in the derivatives market

Answer 1

• Quick implementation
• Flexibility to tactically adjust exposure and quickly reverse decisions
• Ability to leave external managers in place
• High levels of liquidity

Question 2

Investmant objective of Endowment

Answer 2

investment objective of the endowment should be to achieve a total real rate of return (after inflation) of at least X% with a reasonable level of risk.