submit online in Word format. Ten pages ,double spaced excluding references (APA format). Charts and tables are allowed and indeed encouraged. Please answer and discuss the following:

Given what we learned and discussed in class about the impact of financial regulation on the formation of asset prices and real variables (e.g interest rates, inflation, GDP etc…), construct a thesis for a portfolio that is likely to do well in this environment. Assume you are working for an investment manager and the client is an ultra high net worth individual, with a moderate degree of risk tolerance. Investment horizon is ten years. The term of the mandate permits leverage and the use of derivatives. The client allows the use of both domestic and international assets.The client is in a high tax bracket.

There is no right or wrong answer to this question. You should use your knowledge, judgment and experience to think about the evolution of asset prices given today’s hyper-regulatory environment. Anything can happen, so please feel free to be creative and take chances. Delivering an original and a well-reasoned analysis is the goal of the paper. This is not a portfolio optimization problem, although you could incorporate such concepts into your analysis. The paper is intended to understand your hypothesis and justification for why you belive certain asset classes are likely to do well in the future