Following three very challenging years in the local asset management industry, investors and investment professionals have been forced to reconsider the effectiveness of their investment strategies for living annuities.
Measuring Hedge Fund Performance: Investors Weigh In InfographicManagedFunds
Investors in hedge funds look to those allocations to fulfill a number of objectives for their portfolios, according to new data from Preqin. MFA used those data to illustrate a number of important points on how investors measure hedge fund performance in a new infographic.
The Toroso Target Income Series uses exchange-traded products (ETPs) to create three distinct fixed
income portfolios intended to behave more like traditional bonds. The goal is to target a specific yield
while returning principal at a target date. While it is impossible to guarantee the receipt of income or
the return of principal, the proliferation of ETPs has created the opportunity to build synthetic bond
portfolios that simulate traditional bond characteristics, but reduce risk through greater diversification.
Strategies for positive returns in volatile marketsnetwealthInvest
Part of Netwealth's portfolio construction webinar series - ST Wong from Prime Value presented to an audience on 14th June 2016 on the topic of absolute investing.
Measuring Hedge Fund Performance: Investors Weigh InManagedFunds
Institutional investors partner with hedge funds to achieve specific, unique goals within their investment portfolios.
According to the Preqin data, key objectives most frequently cited by investors include:
-Returns that are uncorrelated to equity markets (ie. S&P 500)
-Absolute returns in all markets
-Dampening portfolio volatility and diversifying total portfolio
Legal framework for hedge fund regulationmydeal514
Certified Legal Funding (CLF) provides accident victims with low cost cash advances and pre-settlement accident lawsuit funding while awaiting pending litigation or negotiations as a result of auto accidents or other personal injury cases.
Build a resilient portfolio for all stages of the economic cyclenetwealthInvest
Learn strategies in building your portfolio for any economic condition from John Owen, Portfolio Specialist at MLC Investment Management, as he reviews current market and economic circumstances and provides investment portfolio solutions that are appropriate for a world that will continue to evolve in unpredictable ways.
Measuring Hedge Fund Performance: Investors Weigh In InfographicManagedFunds
Investors in hedge funds look to those allocations to fulfill a number of objectives for their portfolios, according to new data from Preqin. MFA used those data to illustrate a number of important points on how investors measure hedge fund performance in a new infographic.
The Toroso Target Income Series uses exchange-traded products (ETPs) to create three distinct fixed
income portfolios intended to behave more like traditional bonds. The goal is to target a specific yield
while returning principal at a target date. While it is impossible to guarantee the receipt of income or
the return of principal, the proliferation of ETPs has created the opportunity to build synthetic bond
portfolios that simulate traditional bond characteristics, but reduce risk through greater diversification.
Strategies for positive returns in volatile marketsnetwealthInvest
Part of Netwealth's portfolio construction webinar series - ST Wong from Prime Value presented to an audience on 14th June 2016 on the topic of absolute investing.
Measuring Hedge Fund Performance: Investors Weigh InManagedFunds
Institutional investors partner with hedge funds to achieve specific, unique goals within their investment portfolios.
According to the Preqin data, key objectives most frequently cited by investors include:
-Returns that are uncorrelated to equity markets (ie. S&P 500)
-Absolute returns in all markets
-Dampening portfolio volatility and diversifying total portfolio
Legal framework for hedge fund regulationmydeal514
Certified Legal Funding (CLF) provides accident victims with low cost cash advances and pre-settlement accident lawsuit funding while awaiting pending litigation or negotiations as a result of auto accidents or other personal injury cases.
Build a resilient portfolio for all stages of the economic cyclenetwealthInvest
Learn strategies in building your portfolio for any economic condition from John Owen, Portfolio Specialist at MLC Investment Management, as he reviews current market and economic circumstances and provides investment portfolio solutions that are appropriate for a world that will continue to evolve in unpredictable ways.
The partnership between hedge funds and university and college endowments continues to grow. For many educational institutions, hedge funds are an important tool used to diversify their portfolios, manage risk and produce reliable returns. Hedge fund investments help these institutions fund financial aid, scholarships, operations, research, academics and athletic programs.
Retirement income strategies during volatile and uncertain marketsnetwealthInvest
Michael Elsworth, Executive Director at Lonsec, joins us to discuss retirement income strategies during volatile markets, including his investment philosophy, the benefits and risks of different retiree income strategies and the advantages of combining income streams during times of uncertainty.
Hedge funds have been criticized for taking hefty fees without a performance to match. This presentation takes a look at the issue of hedge fund performance looking at both sides of the equation and evaluating how hedge funds fit into an investment portfolio.
Warren Buffett recently discussed his win of a decade long wager in the 2017 Annual Report of Berkshire Hathaway. His winning claim was that an investment in a US equity index would outperform a selected group of hedge funds over the period. Although, over time, equity is a strong return generating asset class, the majority of investors are not in the privileged position where they not only have the luxury of time and emotional fortitude, but also sufficient excess capital to be able to fully invest in such a risky asset class to reap the reward that comes with time. The role of hedge funds in the portfolio construction of these investors is explored.
The undeniable global macroeconomic step change warrants a re-think of portfolio construction for the next investment cycle. The regulation of hedge funds presents an additional tool previously not available to the retail investor that can act as a component of greater certainty in a portfolio cognisant of a VUCA world
The partnership between hedge funds and university and college endowments continues to grow. For many educational institutions, hedge funds are an important tool used to diversify their portfolios, manage risk and produce reliable returns. Hedge fund investments help these institutions fund financial aid, scholarships, operations, research, academics and athletic programs.
Retirement income strategies during volatile and uncertain marketsnetwealthInvest
Michael Elsworth, Executive Director at Lonsec, joins us to discuss retirement income strategies during volatile markets, including his investment philosophy, the benefits and risks of different retiree income strategies and the advantages of combining income streams during times of uncertainty.
Hedge funds have been criticized for taking hefty fees without a performance to match. This presentation takes a look at the issue of hedge fund performance looking at both sides of the equation and evaluating how hedge funds fit into an investment portfolio.
Warren Buffett recently discussed his win of a decade long wager in the 2017 Annual Report of Berkshire Hathaway. His winning claim was that an investment in a US equity index would outperform a selected group of hedge funds over the period. Although, over time, equity is a strong return generating asset class, the majority of investors are not in the privileged position where they not only have the luxury of time and emotional fortitude, but also sufficient excess capital to be able to fully invest in such a risky asset class to reap the reward that comes with time. The role of hedge funds in the portfolio construction of these investors is explored.
The undeniable global macroeconomic step change warrants a re-think of portfolio construction for the next investment cycle. The regulation of hedge funds presents an additional tool previously not available to the retail investor that can act as a component of greater certainty in a portfolio cognisant of a VUCA world
Mercer Capital - Corporate Finance in 30 Minutes Whitepaper.pdfMercer Capital
Corporate finance does not need to be a mystery. In this whitepaper, we distill the
fundamental principles of corporate finance into an accessible and non-technical
primer. Structured around the three key decisions of capital structure, capital
budgeting, and distribution policy, the guide is designed to assist family business directors and shareholders without a finance background make relevant and
meaningful contributions to the most consequential financial decisions all companies must make. Our goal with this whitepaper is to give family business directors
and shareholders a vocabulary and conceptual framework for thinking about strategic corporate finance decisions, allowing them to bring their perspectives and
expertise to the discussion.
Regulation changes in the South African hedge fund industry has created a liquid, well-regulated environment in which all investors can gain access to the diversification benefits that comes with including an alternative component to a traditional portfolio.
FIRST, RUSSIA – UKRAINE AND NOW IT’S ISRAEL –
HAMAS! WHAT IS LYING AHEAD FOR INDIAN MARKET ?
Investment
Gyan Market Indicators
Inspiring Investment Story
Mercer Capital | Valuation Insight | Corporate Finance in 30 Minutes Mercer Capital
Corporate finance does not need to be a mystery.
In this whitepaper, we have distilled the fundamental principles of corporate finance into an accessible and non-technical primer. Structured around the three key decisions of capital structure, capital budgeting, and dividend policy, the guide is designed to assist directors and shareholders without a finance background to make relevant and meaningful contributions to the most consequential financial decisions all companies must make. Our goal with this whitepaper is to give directors and shareholders a vocabulary and conceptual framework for thinking about strategic corporate finance decisions, allowing them to bring their perspectives and expertise to the discussion.
Everyone knows the trend is your friend, but the majority of traders do not know how to consistently ride the trend. Using FX Delta 2.0 you can get the ultimate 1-click trade signals based on riding market trends, accompanied with the best risk- reward strategy and accurate timing entry.
FX Delta 2.0 is the powerful and newly iterated version of the FX Delta trading system. Employing state-of-the-art Delta Pattern Quality Filters (DPQF), the FX Delta 2.0 autonomously generates high probability trading signals through price action, momentum, volume, and divergence trading fundamentals.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just what'sapp this number below. I sold about 3000 pi coins to him and he paid me immediately.
+12349014282
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the what'sapp information for my personal pi vendor.
+12349014282
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the what's app number of my personal pi vendor to trade with.
+12349014282
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
Pensions and housing - Pensions PlayPen - 4 June 2024 v3 (1).pdf
THINK Opinion: Living Annuities (HedgeNews Africa)
1. HEDGENEWS AFRICA Fourth Quarter 2018 29
opinionInvestec Asset Management’s in-house research on Why Volatility
matters for living annuity investors draws two main conclusions.
These are:
1) Volatility is a core factor to consider in living an-
nuity investments
2) Active management can significantly impact in-
vestor outcomes, both by outperforming index
returns and achieving better risk characteristics.
Income-producing portfolios are much more
sensitive to portfolio volatility than conventional
capital growth portfolios. This is largely as a re-
sult of sequence of return risk – a phenomenon
whereby an income-producing portfolio is much
more sensitive to poor investment returns at
the inception of the investment, than to poor
investment returns towards the end of the in-
vestment term.
The research showed that given constant investment returns and
income drawdowns, increased volatility in the portfolio significantly
raises the risk of a living annuity failing over a 30-year period. In fact,
for living annuities with income levels of 2.5% to 6% per annum, the
following relationships appear to hold:
1) For every 1% additional real return produced by the investment
portfolio, the pensioner received around 0.9% per annum of ad-
ditional sustainable income
2) For every 1% reduction in the level of volatility of the investment
portfolio’s real returns, the pensioner could receive an additional
0.3% per annum of sustainable income
It is thus suggested that particular attention
should be given to the impact of unpredictable
markets on pensioners, focusing in particular on
the significant influence of portfolio volatility on living
annuity investors. It is also said that lower volatility
seems to ‘create’ additional returns for an income-
producing portfolio because it helps the portfolio
manage sequence-of-return risk more effectively.
Investec Asset Management concludes:
“We believe that it therefore makes sense for in-
vestors and advisors to consider investment
strategies with an inherent lower volatility for in-
come-producing portfolios such as living annuities.
Investment strategies that can deliver both strong
long-term real returns together with lower volatility can have a big
positive impact on these portfolios.”
To view the full article go to: https://www.investecassetmanage-
ment.com/south-africa/professional-investor/en-za/insight/living-
annuity-an-active-solution/
Why volatility matters
F
ollowing three very
challenging years in the
local asset management
industry, investors and
investment professionals have
been forced to reconsider the
effectiveness of their invest-
ment strategies for living an-
nuities.
The strong reliance of liv-
ing annuities on investment
growth to provide regular in-
come have made these invest-
ments particularly exposed to
the suppressed performance of
recent years, highlighting the
urgent need to improve the
ability of these portfolios to
support withdrawals.
In a recent article Why volatil-
ity matters for living annuity inves-
tors, Jaco van Tonder at Investec
Asset Management discusses
some of the core conclusions
drawn from their in-house re-
search on living annuities (see
box,below).
Traditionally hedge funds
were not considered as a vi-
able component to living an-
nuities as they were not easily
accessible to a wide range of
investors. However, since 2016
hedge funds have become
regulated under the Collective
Investments Schemes Control
Act (Act 45 of 2002), which
brought them into the over-
sight fold of the Financial Sec-
tor Conduct Authority and
available to all investors.
In addition to adding an al-
ternative source of return, an
appropriate combination of
hedge funds is able to act as a
low-volatility component in a
multi-asset portfolio and has
the ability to act as a strong re-
turn generator – exactly what
the research demands.
For example, the RCIS
THINK Growth QI Hedge
Fund, shown in blue, represents
a combination of hedge funds
specifically combined to act as
a building block to multi-asset
portfolios. The graph shows
that since inception the fund
provided investors with a high-
er return and lower volatility
than bonds (All Bond Index, in
red) and equities (JSE All Share
Index TR, in black) as well as
the vast majority of ASISA
General Equity (light grey) and
ASISA MA High Equity (dark
grey) unit trust funds.
A suitably blended hedge fund
portfolio can thus bring an addi-
tional component to the invest-
ment decision-making process
that demonstrates significantly
lower volatility than equities,
which over the considered four-
year period did not come at the
cost of lower returns.
An allocation to an appro-
priate combination of hedge
funds in a living annuity, there-
fore, presents an undeniable
opportunity to create sustain-
able income and demands seri-
ous consideration by investors
and advisors alike.
ElmienWagenaar, investment
manager,THINK.CAPITAL
The burden on living annuities
and how hedge funds can help
Jaco van Tonder
Sources:RealFin Fund Services,Morningstar