Critically analyse which type of hedge fund it would be best to add into an international portfolio currently consisting purely of bond investments.

Provide an answer to ONE of the assignment titles below: Critically evaluate the main explanations for the Forward Premium Puzzle. Critically evaluate the benefits and risks from including a private equity fund into an international portfolio currently equally weighted between equity and bonds. Critically analyse which type of hedge fund it would be best to add into an international portfolio currently consisting purely of bond investments. “The international capital asset pricing model is an appealing theory but has little practical use.” Critically analyse this statement. The coursework counts for 40% of the overall mark for this module. Word limit: 2500 words excluding tables, references and appendices. Assignments in excess of the word limit will be penalised. Marks will be awarded for: Knowledge, Understanding, Analysis, Evaluation and Structure & Clarity.