Task 3

[deezydowntown]

Starting discussion

[LyActuary]

Q3 and Q4 confuse me. 

Why does it ask us to recommend one and ask us should it be added? 

So if we recommend adding gold, we can choose to not add it in Q4? 

[deezydowntown]

Q4 is saying "If the assets are added, what do you think about the specialized management team"

[LyActuary]

Ohhh got it lololol. Thanks! 

[Beats S]

Not really understanding the purpose/usage of external specialized asset management team. Can someone help me with what you guys did to utilize this team?

[trung.p...@owu.edu]

I understand it different from you, Q3 If I HAVE TO choose to add, which one? Q4: If I dont have to choose to add, should it be added?

[Matthew Rashford]

I read "Should the specialized assets be added (regardless of your recommendation)" to mean that all three specialized assets were added to the portfolio.  So now we have an additional set of asset classes.  Is it worth it to use the specialized asset management team?  What would be the pros and cons of doing so?

[Kin Foong Wong]

I have the same understanding that 
Q3: which asset is/are better than others to be added into the portfolio with my justification.
Q4: Should I accept the suggestion to add these asset and use external specialized asset management team.

[LyActuary]

I see it now. It's english. Should it be added means if it were added. 

[Jake]

For Task 3, Part 5, are we being asked to provide an additional asset class or approach that can be used to mitigate all risks associated with the fund? Or just specific ones, like the risks associated with the specialized asset(s) that we're recommending be added?

[Matthew Rashford]

I read it as "you've added the three specialized assets and considered employing the external specialized asset management team.  What else can you do to mitigate risks to the fund?"  Hope this helps.

[Beats S]

Any ideas for Q5?

[LyActuary]

I have convertible bonds as a new asset. It is one of the hybrid asset so I guess it belongs to a different asset class. 

I got this info from Understanding Actuarial Management. 

[mcfarkleberg]

In Q3, do you read "external specialized asset management team" as a team that specialized in asset management or a team that managed "specialized assets"?

[Matthew Rashford]

The former.