A. “STRATEGIC ASSET ALLOCATION AND HEDGE FUNDS” (STUDY SESSION 8) B...

6. - L3 MOCK SAMPLE EXAM CFA LEVEL III GUIDELINE ANSWERS 2006
L3 MOCK SAMPLE EXAM CFA LEVEL III GUIDELINE ANSWERS 2006
6. A. “Strategic Asset Allocation and Hedge Funds” (Study Session 8) b) explain the issues of hedge fund data as inputs to the analytical framework; d) demonstrate the concept of “implied hurdle rate” and its significance in evaluating a hedge fund allocation.