Exam Feedback November 2018 Part 2 Exam Feedback

[ankitrautela@gmail.com]

There was a qstn on unsmoothing returns... I chose will increase market risk but looks like its wrong..

 

[shailthakker]

Credit var was 6000, (11000-5000)

 

[shailthakker]

There was a qstn on unsmoothing returns... I chose will increase market risk but looks like its wrong..

unsmoothing will increase observed risk and decrease returns

 

[ankitrautela@gmail.com]

Credit var was 6000, (11000-5000)

yes

 

[shailthakker]

hedge fund managers should be investing their own money

 

[ankitrautela@gmail.com]

unsmoothing will increase observed risk and decrease returns

ok... so thats correct

 

[ankitrautela@gmail.com]

hedge fund managers should be investing their own money

I chose asking for reports on fund performance...

 

[shailthakker]

IR was 0.5 and portfolio or manager x

 

[shailthakker]

I chose asking for reports on fund performance...

but that suffers from survivor ship and selection bias

 

[shailthakker]

increased edpm losses from the database

 

[ankitrautela@gmail.com]

increased edpm losses from the database

i chose less EPDM for subscription database

 

[ankitrautela@gmail.com]

IR was 0.5 and portfolio or manager x

correct

 

[shailthakker]

i chose less EPDM for subscription database

there was only one edpm, rest were cpbp, internal fraud and physical damage

 

[ankitrautela@gmail.com]

there was only one edpm, rest were cpbp, internal fraud and physical damage

ok.. then i chose related to EPDM only...

 

[MFT]

ok.. then i chose related to EPDM only...

I chose that the purchased dataset (commercial / investment bank) should have more EDPM than the one experienced by the purcharser bank (retail bank)...

 

[luisblondet]

And one knows the answer of one profit loss question . I think question was number 15. Total percentage risk or something . 4 choices I think were -.2, .02 , .6 and .8

answer was 0.8 - you multiply the benchmark allocation vs. the benchmark return and subtract from asset manager allocation vs. achieved return.

 

[faisalfshaikh40]

answer was 0.8 - you multiply the benchmark allocation vs. the benchmark return and subtract from asset manager allocation vs. achieved return.

Dont think so mate. Cause that is probably just alpha, which is then further divided into asset allocation and security selection. I too didnt get this question.

 

[shailthakker]

Dont think so mate. Cause that is probably just alpha, which is then further divided into asset allocation and security selection. I too didnt get this question.

I put -0.2

 

[jkowalonek]

Yep, me too

Was that option B? I put B

 

[Navneet02]

O

I forgot to use the discount factor...

ohh , I got the annswer including discount factor. And it was something .409 like