Capture Group Assets from FA in Oracle PPM

Content

Hi,

Scenario: While creating an asset in Oracle PPM, I am not able to capture a Group Asset created in FA in the "Parent Assets" field in the Edit Asset Details page. A group asset doesn't come up in the LOV for parent assets. 

Even after transferring a PPM asset to FA, The Asset type cannot be changed to group asset.

I am looking for a confirmation on the following :

1. Is the product designed such that a group asset should not appear in the list of values for parent asset in PPM

2. Is there any other way, by which a group asset information can be captures on a PPM Asset.