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Mutual Funds
Mutual Funds

... The Growth of Mutual Funds (3 of 5) • There are five principal benefits of mutual funds: 1. Liquidity intermediation: investors can quickly convert investments into cash. 2. Denomination intermediation: investors can participate in equity and debt offerings that, individually, require more capital ...
The Capital Market of Uganda presentation
The Capital Market of Uganda presentation

... • The total amount of institutional savings in Uganda (provident funds, retirement benefit funds & life insurance savings) is USD 2 billion which constitutes about 10% of the GDP. Foreign investors hold an average of 35% of the free float of the shares traded on the USE. • The free float on the USE ...
Schroders Economic and Strategy Viewpoint - September 2014
Schroders Economic and Strategy Viewpoint - September 2014

The Big Four banks - Switzer Super Report
The Big Four banks - Switzer Super Report

... 4.1 per cent per cent, says Mercer, while the median annual return from an active manager was 5.7 per cent (after fees),” Phil Baker reported. “The past five years shows that the median performance from local fund managers was 11.8 per cent per annum (before fees), compared to 10.4 per cent from the ...
Dreyfus Variable Investment Fund: International Value Portfolio
Dreyfus Variable Investment Fund: International Value Portfolio

... plus any borrowings for investment purposes, in stocks. The fund normally invests substantially all of its assets in the stocks of foreign companies, including those located in emerging market countries. The fund ordinarily invests most of its assets in securities of foreign companies which Dreyfus ...
A Fresh Look at the Required Return
A Fresh Look at the Required Return

... be the best time to make investments (or to repurchase shares) as the company is able to acquire cash flow when those cash flow streams are being discounted in the market. Additionally, understanding this change in the market’s demanded return can help managers understand when their operating perfor ...
What Determines the S P500? by Anthony Diercks
What Determines the S P500? by Anthony Diercks

... selected, the authors removed the results from the day of the announcement and the following day. The authors also took into account various performances from different stocks based on their previous performance deciles. They hypothesized that the results “may indicate that individual investors are ...
February 27, 2012 - Best Wealth Strategies
February 27, 2012 - Best Wealth Strategies

... Ben Bernanke was appointed to head the FOMC in 2006 by Republican President George W. Bush, and he was confirmed for a second term after being re-nominated by Democratic President Barack Obama. While his second term ends in 2014, it is possible that pressure from the President could cause Bernanke t ...
Do Corporate Managers Time Stock Repurchases Effectively?
Do Corporate Managers Time Stock Repurchases Effectively?

... undervalued, and issuing shares when values are deemed to be high. Managers who make timing mistakes risk repurchasing shares when valuations are high. They instead could be using the cash to make positive net present value investments or other higher yielding allocations. This paper considers that ...
Portable_Presentation
Portable_Presentation

...  We expect the factor to have a positive correlation with stock returns  If the indicator is high, the dividend is relatively high while the stock price is relatively low, which means the stock price may be undervalued  This ratio also shows how market participants evaluate the firm as the P/E ra ...
Week 1 DQ`s DQ1: Log into http://www.charitynavigator.org/. Choose
Week 1 DQ`s DQ1: Log into http://www.charitynavigator.org/. Choose

... This charitable organization has an income growth of 5.8%, Administrative expenditure of 1.5% and fundraiser expenditures of 13.0%. This indicates me that the charitable organization is expending more funds on assisting people compared to on business expenditures. This charitable organization did in ...
What Will Fed Tapering Mean for Investors?
What Will Fed Tapering Mean for Investors?

... longer period of time, market forces may not allow this, since markets tend to overreact. In any case, the result of uncertainties regarding Fed action and a new chairmanship will likely be increased volatility and uncertainty. The most recent Fed inaction, in late September, following hints of tape ...
Magellan Rx Management
Magellan Rx Management

... The following schedules and statements made in this presentation constitute forward-looking statements contemplated under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and are subject to known and unknown uncerta ...
Investment Strategy – Second Quarter 2015 - Morgans
Investment Strategy – Second Quarter 2015 - Morgans

... Strategic Asset Allocation (SAA) is the process of allocating funds between asset classes to optimise investors’ return objectives and risk tolerance with long-run capital market expectations. It is perhaps the most important, but one of the most overlooked aspects of wealth management. ...
Reporting on Accounts
Reporting on Accounts

... • It is important that accounts are interpreted for the benefit of interested parties • Accounts are interpreted by using ratios which show the relationship between figures • The results of these ratios are then compared with: – The results from the previous year – The results from other businesses ...
1 ITEM 8 UNDERSTANDING FINANCIAL STATEMENTS It is
1 ITEM 8 UNDERSTANDING FINANCIAL STATEMENTS It is

... This return on investment should be at least as high as the same amount of funds could earn if invested elsewhere under a similar risk. To look at it another way, a company should generate at least enough funds through operations to provide a fair return to the owners and to make principal payments ...
Equity Investment Philosophy
Equity Investment Philosophy

... While this RFP document must be in .docx or .doc format, all other documents may be in the format of your choosing (.xlsx, .pdf, etc). However it is critical that this RFP *not* be in PDF format. Please ensure you name the RFP file accordingly, and if this file is reviewed by your firm’s compliance, ...
UNCTAD`s Global Action Menu for Investment Facilitation
UNCTAD`s Global Action Menu for Investment Facilitation

... Overall, the number of investment facilitation measures adopted by countries over the past six years remains relatively low compared with the numbers of other investment promotion measures. In addition, only about 20 per cent of the 111 investment laws analyzed by UNCTAD deal with specific aspects o ...
Fiduciary Assure - Workplace Benefits
Fiduciary Assure - Workplace Benefits

... Asset class requirement ...
Chapter Seven
Chapter Seven

... Financial leverage: is using debts (or any other fixed-charge financing) to finance a business operation • One type of debt financing is leasing • A lease: is a contract that permits use of someone else’s property for a specific time period. From the owner point of view, the benefit of leasing inclu ...
word
word

... sector held steady with a 35% allocation and the effective duration extended slightly from 2.2 to 2.3??. The Bank continues to review all holdings in the MBS portfolio and will continue to evaluate the benefits of liquidating securities negatively impacted by current or potential future Government r ...
ICT Manager JD Feb 17 (1)
ICT Manager JD Feb 17 (1)

... Design, configure, optimise, monitor and maintain WCVA’s LAN and WANs and in doing so providing an effective, reliable and secure communications infrastructure that follows industry best practice to underpin all WCVA computer systems. ...
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Download attachment

Common Reporting Standard Limited Life Debt Investment Entities
Common Reporting Standard Limited Life Debt Investment Entities

... following the maturity of the last asset held by the Financial Institution, all amounts that such investors are entitled to receive from the Financial Institution; c) The Financial Institution was formed and operated for the purpose of purchasing or acquiring specific types of debt instruments or in ...
offering memorandum - Unit Trust Corporation
offering memorandum - Unit Trust Corporation

... Any distribution or reproduction of all or any part of this Offering Memorandum or the divulgence of its contents other than with the written approval of the Company is unauthorised. The Directors of the Company, whose names appear on Page 4 of this Offering Memorandum, accept responsibility for the ...
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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds, corporations, charities, educational establishments etc.) or private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded funds).The term asset management is often used to refer to the investment management of collective investments, while the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management often within the context of so-called ""private banking"".The provision of investment management services includes elements of financial statement analysis, asset selection, stock selection, plan implementation and ongoing monitoring of investments. Coming under the remit of financial services many of the world's largest companies are at least in part investment managers and employ millions of staff.Fund manager (or investment advisor in the United States) refers to both a firm that provides investment management services and an individual who directs fund management decisions.According to a Boston Consulting Group study, the assets managed professionally for fees reached an all-time high of US$62.4 trillion in 2012, after remaining flat-lined since 2007. Furthermore, these industry assets under management were expected to reach US$70.2 trillion at the end of 2013 as per a Cerulli Associates estimate.The global investment management industry is highly concentrated in nature, in a universe of about 70,000 funds roughly 99.7% of the US fund flows in 2012 went into just 185 funds. Additionally, a majority of fund managers report that more than 50% of their inflows go to just three funds.
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