1. What major requirements do client expect from their portfolio managers? We have two major requirements of a Portfolio Manager: 1. The ability to derive above average returns for a given risk class (large risk-adjusted returns); and 2. The ability to completely diversify the portfolio to eliminate all unsystematic risk. The client expect from their portfolio managers are to help them manage their money in less time. Most of the client requires a portfolio manager who can preserve
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October 14‚ 2012 Subject: Haig Simmons – Loss recognition on anthracite coal future contracts‚ capital or ordinary loss Facts Taxpayer Haig Simmons operates an in home coal heating and delivery service for consumer uses in Baltimore and Anne Arundel counties. Due to the instability of coal resources and prices‚ Haig Simmons enters into certain futures contract purchases in order to ensure a steady supply of coal for customers at a fixed rate. Simmons sole purpose of entering into futures contracts
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Gold Price Volatility and Stock Market Returns in India P K Mishra Faculty in Economics‚ Siksha O Anusandhan University‚ Orissa‚ India E-mail: pkmishra1974@gmail.com J R Das Faculty in Management‚ Siksha O Anusandhan University‚ Orissa‚ India E-mail: j.35979@yahoo.co.in S K Mishra Faculty in Economics‚ TITE‚ Orissa‚ India E-mail: sk_mishra@yahoo.co.in Abstract The study of the capital market of a country in terms of a wide range of macroeconomic and financial variables has been the subject matter
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intertwined‚ energy trade is also covered by financial legislation. The European Commission wishes to strengthen this financial regulation of energy trade. It has put forward a set of regulatory proposals aimed at stabilizing financial markets and limiting volatility of energy prices. The most noteworthy are EMIR‚ MAD‚ REMIT and the revised MiFID. Key elements are transparency‚ new trading venues‚ central clearing obligations and mandatory transaction reporting. This article evaluates the likely outcomes for
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Shelly Rungta Supply chain Management srungta@umich.edu Should Merloni replace its network of regional warehouses with transit points? To focus your thoughts‚ consider the RDCs at Roma and Catanzaro. Which (or both) of these RDCs would you replace this with a transit-point system (assume that Roma is 175 km and Catanzaro is 600 km from the CDC)? Why? In the current case the company ran a pilot project for cross docking at Milano warehousing loading area. Before considering whether the company
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Ballesteros‚ Ted Maducdoc‚ Gervi Valdecañas‚ Francesco Adel Yau‚ Matthew MFIMET2 K31 Topic: The impact of the subprime mortgage crisis on the financial sector of US. INTRODUCTION I. Background of the study The Sub Prime Mortgage Crisis maimed the US Economy as house prices were inflating exponentially; a bubble in financial terms. This eventually burst and causing the assets tied to the different real estates to shrink and devaluate. A financial crisis as such had been one of the
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CHAPTER 3 RESULTS AND DISCUSSIONS After careful analysis of data collected from the bioethanol in talahib that have been tested‚ the researchers were able to generate the following tables that will answer the research questions. The results of the study were presented in a tabular form which showed how the data presented. Physical Properties Table 1: Differences of BIT and Commercial Ethanol in Density and Smoke Emission Properties BIT (MEAN) Ethanol (MEAN) Density 300 kg/m^3 354.64 kg/m^3 Smoke
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Evaluating the monetary policy conducted by an inflation targeting central bank by comparing the actual values of inflation is surely inadequate: first no central bank has a complete control over inflation; second‚ in practice all that central banks care about stabilising economic activity. Over the past half century‚ macroeconomic theory has undergone significant changes. More specifically‚ the importance of expectations has come to the forefront in economic theory to such an extent that monetary
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Fin 4910/6990 Further Questions Problem 7.19 (a) Company A has been offered the rates shown in Table 7.3. It can borrow for three years at 6.45%. What floating rate can it swap this fixed rate into? (b) Company B has been offered the rates shown in Table 7.3. It can borrow for 5 years at LIBOR plus 75 basis points. What fixed rate can it swap this floating rate into? (a) Company A can pay LIBOR and receive 6.21% for three years. It can therefore exchange a loan at 6.45% into a loan at LIBOR plus
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1) Is Arauco an efficient producer of pulp? What advantages does it have? Disadvantages? Arauco is a very efficient producer of pulp‚ and their focus on production efficiency has played in important role in the company’s success. Arauco’s mills avoid seasonal fluctuations and typically run at capacity throughout the year. Arauco leverages economies of scale‚ develops strategic partnerships with their labor force‚ and focuses on their core expertise of growing natural resources and using them
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