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Hot Topics presentation March 2014
Hot Topics presentation March 2014

... However, what we can say is that in a risk cognisant world, developing our investment strategy such that at inception its optimised to deliver our key objective (RR) with a high probability & then refining this to improve techniques – is intuitively correct. This does not guarantee that in hindsight ...
Interest Rate to remain unchanged
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... Interest Rate to remain unchanged The Reserve Bank decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over recent months. Both global trade and industrial production have picked up. Above-trend growth is expected in a number of advanced economie ...
Chapter 1
Chapter 1

... 15. Financial assets make it easy for large firms to raise capital to finance their investments in real assets. If General Motors, for example, could not issue stocks or bonds to the general public, it would have a far more difficult time raising capital. Contraction of the supply of financial asse ...
2011 result: Shareholders restate confidence in Zenith`s management
2011 result: Shareholders restate confidence in Zenith`s management

... Also, the bank’s profit before taxation went up by 21 per cent to N60.7 billion from the previous N50.03 billion, while after tax profit witnessed 18 per cent growth to N44.2 billion as against N37.41 billion reported in corresponding period of 2010. Commenting on the results, the President, Associa ...
Manufacturing
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First-Time Shareowner Resolutions Address Stranded Fossil Fuel
First-Time Shareowner Resolutions Address Stranded Fossil Fuel

... As You Sow and the Unitarian Universalist Association have filed shareowner resolutions with two large coal companies, requesting that they report on material impact of reserves that must remain in the ground if climate change is to be addressed. SocialFunds.com -- The term stranded assets refers to ...
Treynor Measure
Treynor Measure

... Calculate the return on the ‘Bogey’ and on the managed portfolio Explain the difference in return based on component weights or selection Summarize the performance differences into appropriate categories ...
Working in partnership with financial intermediaries
Working in partnership with financial intermediaries

... Avoiding large losses We construct portfolios to withstand market stress scenarios and avoid large drawdowns. Recovering from large losses requires even larger gains and, unfortunately, investors may often decide to reduce their risk exposure at a time when risk is most likely to be well rewarded. ...
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... allows you to balance out short-term troughs with cyclical peaks in performance ultimately smoothing your investment performance over time. By investing in managed funds, it’s easy to achieve a diversified investment portfolio with a relatively small amount of money. Another way to spread your risk ...
Birla Sun Life Focused Equity Fund - Series 4.cdr
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... • Global equities advanced in the first quarter of 2017 as investors weighed a broadening global economic recovery and continued corporate earnings strength against the perception of elevated political risk in major western economies. Market trends shifted as the reflationary “Trump Trade” gave way ...
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Troubled Times: How We Got There and What Lies Ahead

... their incomes; and of laying aside something, however small the amount may be, for the times of greater stress that may come to us. By no other course will our people place themselves in that position of helpful usefulness to the world which the Lord intends we shall take.” ...
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... for the fund(s) in Singapore. All views expressed cannot be construed as an offer or recommendation. Prospectus for the fund(s) is available from FISL or its distributors upon request. Potential investors should read the prospectus before deciding whether to invest in the fund(s). Reference to speci ...
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... • A bachelor or master’s degree with an emphasis in finance, economics, mathematics, computer science, engineering or a related quantitative/analytical field • Strong interest in financial markets and derivatives with expertise in macroeconomics, business cycle analysis, fixed income or commodity ma ...
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June 2008 Performance Review – Listed Hybrid Sector

... that displayed a high correlation to equity price falls early this year were less highly correlated this sell off and we expect that the ones that were more highly correlated this month will follow the same path in the future. We are very underweight the bank hybrid sector which has performed poorly ...
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... financial opportunity rather than a political threat. In the developed economies, the greatest problem now facing financial markets is that a credit crunch may precipitate a global recession. And part of any solution to the credit crisis must be to encourage those with spare capital to invest, such ...
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... American companies operating across a wide range of industries. Recommendation This Fund may not be appropriate for investors who plan to withdraw their money within five years. You should aim to keep your units for at least five years, although you can sell them at any time. ...
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LoneStar 529 Fund Allocation Sheet

... risks inherent to international investing, including currency, political, social and economic risks. Investments in growth stocks may be more volatile than other securities. With value investing, if the marketplace does not recognize that a security is undervalued, the expected price increase may no ...
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... 2015 and the beginning of 2016 are reasonable indicators, this new market dynamic seems to have a significant amount of investment capital moving from “all-in” to “all-out” (and sometimes back to “all-in” again) at any sign of volatility. This makes us expect that corrective swings in equity markets ...
Annotation Improving the management of credit risk in banking
Annotation Improving the management of credit risk in banking

Four Myths in the Active/Passive Debate
Four Myths in the Active/Passive Debate

... speaking, growth and value investments tend to react dif f erently during the economic cycle. Since value stocks are of ten cyclical in nature, they may benef it f rom the increased spending that usually occurs during an economic expansion. Growth stocks may also perf orm well during an expansion, b ...
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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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