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The Indian Private Equity Opportunity
The Indian Private Equity Opportunity

... ICICI Bank or are not acting as your advisor or in a fiduciary capacity in respect of the contents of this document, and accepts no liability nor responsibility whatsoever with respect to the use of this document or its contents. Nothing in this document is intended to constitute legal, regulatory, ...
Market Funds and Trust-Investment Law
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... Act, and others have reached a similar position through independent legislation or court decision. 20 The Model Act, which follows Massachusetts law, dispenses with both the statutory list and the prohibition on investment in corporate issues. But it forbids investment "for the purpose of speculatio ...
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Present Values, Investment Returns and Discount Rates
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... retrospectively as a measurement of portfolio performance. In contrast, the return in formula (1.2) is used prospectively to calculate the future value of the portfolio, and it may or may not be certain. When a portfolio contains risky assets, the portfolio return is uncertain by definition. Most in ...
Lecture No30
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Session 14 - Investment Returns I
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... Must be established as a trust which would amount to a "unit trust scheme" (but which is then de-natured as a unit trust scheme for tax purposes by the Income Tax (Pension Funds Pooling Schemes) Regulations 1996. Unitholders are limited to UK registered pension schemes, "Section 615 funds" and recog ...
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Extending Factor Models of Equity Risk to Credit Risk and Default Correlation
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Preparing for the Worst. Incorporating Downside Risk in Stock Market
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... explaining how to incorporate it into investment decisions. Highlighting this asymmetry of the stock market, the authors describe how existing theories miss the downside and follow with explanations of how it can be included. Various techniques for calculating downside risk are demonstrated. This bo ...
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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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