Question #47

Reading: Reading 34 Hedge Fund Strategies

PDF File: Reading 34 Hedge Fund Strategies.pdf

Page: 19

Status: Correct

Correct Answer: B

Part of Context Group: Q47-49 First in Group
Shared Context
- Downing's excitement about FoF investing would least appropriately be based on a belief that: A) he can provide better liquidity terms to his individual investors. B) he may be able to invest in hedge funds closed to new investors. C) his investors will have more transparency in their investments.
Question
Copernicus's investment strategy would most accurately be classified as:
Answer Choices:
A. specialist
B. opportunistic
C. event driven
Explanation
Copernicus would be considered an opportunistic hedge fund because it invests across many asset classes, taking a macro-first, top-down view that considers which investments would be most favorable given current market conditions.
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