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Dreyfus Tax Sensitive Total Return Bond Fund Mar 31
Dreyfus Tax Sensitive Total Return Bond Fund Mar 31

... such as 401(k) plans or individual retirement accounts. 5Pre-liquidation, after-tax returns assume an investor held shares throughout the measurement period and reflect the effect of taxable distributions (assuming reinvestment in the fund) by a fund to its shareholders. 6Post-liquidation, after-tax ...
FINANCIAL RISK MANAGEMENT
FINANCIAL RISK MANAGEMENT

... FINANCIAL RISK MANAGEMENT Course Objective: This course will focus on variety of risks faced by financial managers and the tools available for managing these risks. Particularly, we shall focus on credit risk, interest rate and liquidity risks, market risk, foreign exchange risk and country risk. We ...
the great risk/return inversion - who loses out?
the great risk/return inversion - who loses out?

... analysis builds upon work in an earlier paper showing that asset prices are determined not only by cash flows, but also by the flows of funds among market participants (Vayanos and Woolley, 2013). The new paper shows that when investors use a measure of relative performance that reflects their colle ...
dynamic allocation - Astor Investment Management
dynamic allocation - Astor Investment Management

... investment in Currency, Real Estate, Fixed Income Inverse and the Multi-Asset asset class. These allocations are not reflective of actual portfolio allocations, nor are they a guarantee that the portfolio would be allocated in this way for either economic phase. The bullet points provided are sample ...
MARKETS - Man Group
MARKETS - Man Group

... the past 30 years, the 5yr Sharpe ratio has seldom been higher (it has exceeded 1.5 only three times since 1987, and in each case only by a small amount), and the volatility seldom lower (annualised volatility has been lower than 10% only twice over the same timeframe). Remember that global Governme ...
ab global high yield portfolio
ab global high yield portfolio

... INVESTMENT RISKS TO CONSIDER: Investment in the Fund entails certain risks. Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Dividends are not paid for all share classes and are not guar ...
November13th 2014 STRATEGY NOTE WHY A SAUDI PETRO
November13th 2014 STRATEGY NOTE WHY A SAUDI PETRO

... assumed that the security or similar securities will be purchased by the Fund, or that any investment purchased by the Fund will perform as illustrated. The projected returns are presented gross of fund expenses, management fees, and incentive fees charged by the Fund. If the expenses were reflected ...
Full Article - Nash Family Wealth
Full Article - Nash Family Wealth

SEC amends Rule 2a-7 to eliminate dependency on NRSRO ratings
SEC amends Rule 2a-7 to eliminate dependency on NRSRO ratings

4Q 2016 - Artisan Partners
4Q 2016 - Artisan Partners

... 0.7%. Securities named in the commentary, but not listed here are not held in the Fund as of the date of this report. Portfolio holdings are subject to change without notice and are not intended as recommendations of individual securities. All information in this report, unless otherwise indicated, ...
Standard Risk Measures - netwealth Investments
Standard Risk Measures - netwealth Investments

... There are seven risk bands in the ASFA/FSC SRM methodology. Each risk band relates to a specific number of estimated negative annual returns over 20 years. A risk label has been assigned to each of the risk bands. These bands range from very low risk (cash based options, where there are less than 0. ...
Asset Backed Securities offer investors protection against a
Asset Backed Securities offer investors protection against a

... Debt markets face a number of difficult challenges this year, with investors bracing themselves for future tapering by the European Central Bank (ECB), while inflation and interest rates are expected to rise in the US and in Europe over the longer term. However, Asset Backed Securities (ABS), which ...
Nationwide® Investor Destinations Conservative Fund
Nationwide® Investor Destinations Conservative Fund

... WHICH DOES NOT GUARANTEE FUTURE RESULTS. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. To obtain the most recent month-end performance, go to nationwide.com/mutualfunds or call 1-800-848-0920. Class A shares have up to a 5.75% front- ...
Calamos Total Return Bond Fund
Calamos Total Return Bond Fund

... Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value and return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than thei ...
Trade Log - Portfolio Strategies Investment Managers
Trade Log - Portfolio Strategies Investment Managers

... slowdown in Q1 reflected the temporary drag from the coldest winter on record in the Northeast and from the dockworkers’ strike in Los Angeles. Soft global demand and the appreciating $U.S. are taking their toll on the manufacturing sector. But in a relatively closed service-based economy like the U ...
Financial Management
Financial Management

... Time Value of Money ...
current investment positioning
current investment positioning

... investment markets over the past couple of years but this is in essence a crisis intervention policy with dangerous long term risk. The major tool for the Fed to control interest rates in the USA, namely the Fed Funds rate is now close to ineffective in enabling the Fed to lift rates in the economy ...
Investments: Analysis and Management, Second Canadian Edition
Investments: Analysis and Management, Second Canadian Edition

... for variables such as corporate profits and interest rates ...
Investment Management Process p2ch1
Investment Management Process p2ch1

... There is a reward for bearing risk, and at least on average, that reward has been substantial. ...
1-NDB Capital Holdings PLC records its best ever year
1-NDB Capital Holdings PLC records its best ever year

... The superior performance in terms of financials came despite adverse stock market conditions and credit ceiling imposed on the banking sector. The Group’s fee-based investment banking arm, NDBIB which was recognized as the Best Investment Bank in Sri Lanka by the Euromoney magazine in its Awards of ...
stocks - Seattle University
stocks - Seattle University

... Shares represent a claim on the investment portfolio of mutual funds Mutual funds can invest in stocks, bonds, real estate, gold, etc. etc. ...
Mergers, LBOs, Divestitures, and Holding Companies
Mergers, LBOs, Divestitures, and Holding Companies

... In an LBO, a small group of investors, normally including management, buys all of the publicly held stock, and hence takes the firm private. Purchase often financed with debt. After operating privately for a number of years, investors take the firm public to “cash out.” ...
CAF DIRECT INVESTMENT SERVICE CAF MANAGED PORTFOLIO
CAF DIRECT INVESTMENT SERVICE CAF MANAGED PORTFOLIO

... of the funds offered. You can access a range of multimanager funds that provide exposure to specific asset classes through this service, a passively managed UK equity fund and a range of ethically screened options. Plans to develop our service to further increase the choice available to you will con ...
J.P. Morgan to Pay $267 Million for Disclosure Failures
J.P. Morgan to Pay $267 Million for Disclosure Failures

... advice they are receiving,” said Andrew J. Ceresney, Director of the SEC Enforcement Division. “These J.P. Morgan subsidiaries failed to disclose that they preferred to invest client money in firm-managed mutual funds and hedge funds, and clients were denied all the facts to determine why investment ...
ARK_letter10-07 - ARK Financial Services
ARK_letter10-07 - ARK Financial Services

... How should you respond to these events? Stay disciplined and adhere to your carefully designed investment strategy. Stocks are volatile, so no one can consistently predict when the risks of equity investing will appear. It would be a mistake to try to time the market by reacting to events such as th ...
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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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