Question: Interpret the exhibit. GMO 10-year asset class real return forecasts and ranges by underlying index and expected alpha from active management, September 30,2001 GMO Estimated
Interpret the exhibit.
GMO 10-year asset class real return forecasts and ranges by underlying index and expected alpha from active management, September 30,2001 GMO Estimated ranges of returns are for the asset class. Long-term inflation at 2.2%. U.S. Treasury alpha transported from global equity management. International bond returns are hedged. Unhedged expected returns are 0.5% higher
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