V3 page 275,Exhibit 24,vector BL:Equilibrium with Views(V)

I took the course of portfolio management (which is much more complicated than CFA readings)in graduate school.I thought I can easily understand the majority parts of this reading but this exhibit really gets me confused.

Is there anyone who knows how the vector of “Black–Litterman: Equilibrium with Views (V)” be calculated? Does the vector have anything to do with the variance for views(0.001 to be specific)?

Any help will be very much appreciated smiley

I think these are just view adjusted returns. For ex although historically asian sec outperformed japan by huge 8.09, currently market reflects outperformance will only be 2.75%…