Tower Financial Corporation Reports Third Quarter Results Oct 30, 2009
This is a continued purposeful change in asset allocation driven by profitability and liquidity targets, current economic conditions, and capital management guidelines. Total deposits at September 30, 2009 were $592. (Primezone Releases)
Time to review portfolios Oct 30, 2009
Financial planners always advise investors to stick to an asset allocation plan. On the basis of their age, risk profile, long-term financial goals and objectives, a financial planner decides how much money should go into equities and how much in debt. (India Times)
Stock questions? Ask Matt Oct 28, 2009
Proper asset allocation depends on more than your age - USATODAY.com ... Proper asset allocation depends on more than your age ... What you're asking about is your asset allocation. (USA Today -- Money)
Commitment management a powerful tool for retirement investing Oct 27, 2009
Vanguard Wellesley is a conservative asset allocation fund with an expense ratio of 0. 25 percent, a track record that more than 90 percent of its competitors can t match, and a current yield of about 4. (Boston Globe)
Gordon College racks up losses Assumption College takes endowment hit Prep school endowments, budgets sink Oct 24, 2009
Chief Investment Officer Amy Falls said the school was able to pay capital commitments and bills because it increased its asset allocation for cash to about 7 percent from about 5 percent before the markets headed south. Nevertheless, Phillips decreased its budget for campus maintenance and renewal to $3. (Boston Business Journal, MA)
5 Scariest Threats to Your Finances Oct 24, 2009
Then, try to set a more conservative asset allocation in good times and push yourself to take a bit more risk in bad markets. If you use this strategy and rebalance when your allocations vary from your target by five percent, you'll wind up buying in bear markets and selling in bull markets. (CBS News)
Larry Connors' Daily Battle Plan Delivers an 84 Percent Winning Trades Record for Growing Numbers of ETF Traders Oct 22, 2009
See Buy/Sell signals and follow asset allocation model daily. 22. (Yahoo News -- Press Releases)
Stocks 'slightly' expensive: Future Fund Oct 22, 2009
When our fund gets settled in its strategic mix of asset allocation, there will be a high mix of risk assets,'' he said. That is the only way of achieving that target. (Sydney Morning Herald -- Business)
Need to build a portfolio comprising equity and debt Oct 19, 2009
As PEs collapsed with stock prices, the algorithmic nature of the funds asset allocation model ensured that equity exposure was boosted. When the markets turned up decisively, in March this year, the funds equity exposure was around 90 per cent and the fund made huge gains. (India Times)
Investors lap up debt schemes Oct 19, 2009
The investor should take a call whether the debt investment would sit well within his or her overall asset allocation plan. They shouldnt be swayed by some sales pitch by distributors, says Suresh Sadagopan, chief financial planner, Ladder 7 Financial Advisories. (India Times, India)
Conditons point to another lost decade Oct 18, 2009
Katsenelson, the author of "Active ValueInvesting": Making Money in range-bound markets," said it is also important to pay attention to the price-earnings ratio of the S&P 500, which averaged roughly 15 since 1900. "P-Es will continue to fall from their current average of 21 to below 15, which will put pressure on stock prices," he said. Katsenelson isn't alone in thinking investors are looking at a second Lost Decade. "Because the Federal Reserve is acting to smooth out business cycles, the... (New York Post -- Business)
Barclays Wealth opens D.C. location Oct 16, 2009
Barclays Wealth, which has 13 offices in the U.S. and Argentina, provides such wealth management services as investment advice, asset allocation, estate and tax planning as well as cash management services to high net worth individuals, families, businesses, trusts, foundations and endowments. The D.C. office will serve the mid-Atlantic region. (Washington Business Journal, DC)
Pension fund sees 'trend' of growth, sheds four hedge fund managers Oct 14, 2009
We made an asset allocation move that affected them, he told the News Service. If you had five tickets to a Sox game, you d pick five people. (Dover Sherborn Tab, MA)
Asian wealth slides, rich tiptoe back into markets Oct 13, 2009
Asia's wealthy are more often first-generation entrepreneurs willing to take on more risk and actively trade for high returns, compared to the older inherited wealth in Europe and North America, private bankers say, but the report said it expected cautious asset allocation in the short term and a more balanced approach in the long run. The wealth management industry is in the midst of unprecedented change as volatile financial markets and the erosion of bank secrecy challenges traditional... (India Times)
Casper briefs Oct 11, 2009
Topics include basic financial planning, stocks, bonds and mutual funds, asset allocation and retirement, managing in tough times and debt-free living, with each session taught by a local financial professional. Pizza dinner is provided, and attendees will have the opportunity to win door prizes, including jump drives with preloaded investment resources, Money Magazine subscriptions and financial planning books. (Casper Star-Tribune, WY)
Frankfurt Trust Buys Yen, Betting on Advance for the First Time Since 2006 Oct 11, 2009
We have turned positive about the yen following the political change in Japan, , head of asset allocation at the company in Frankfurt, said in an interview. The country now has an administration that doesnt seem to oppose the appreciation of the yen, or least not as much as the previous one. (Bloomberg -- Germany)
9 small money steps that pay off big Oct 10, 2009
Now we need to talk about asset allocation. For all your long-term investments, such as retirement accounts that you won't touch for at least ten years, you need a mix of stocks and bonds. (CNN)
Investors urged to consider currency risk exposure Oct 7, 2009
Currency overlay is essentially systematic hedging, which allows an investor to take control of currency decisions independently of other asset classes (bonds, equities) at the asset allocation level. Basically, this approach separates the decision made on currencies from that on bonds and equities. (The Star Online, Malaysia -- Business)
Jen Exits Morgan Stanley With Dollar Smile Giving BlueGold Capital Insight Oct 7, 2009
Asset allocation, pension funds, reserve policy, currency policies of Asia-all of these issues are somehow nicely and neatly tied together by this topic, Jen says. He revised his growth figure to $10trillion in October 2008 as the funds, including Temasek Holdings Pte and China Investment Corp., suffered investment losses during the financial crisis. (Bloomberg)
Why we need an investment policy statement Oct 7, 2009
After considering the investment objectives and all the investment constraints, the investment advisor will advise the investor on the appropriate asset allocation and security selections in view of the current market situation. In addition, it should also state a calendar of review meetings for portfolio rebalancing and performance review. (The Star Online, Malaysia -- Business)
The home underpins prosperity Oct 7, 2009
With the help of his financial planner, Sam Cranage of Cranage Financial Services in Melbourne, Johnson runs a self-managed super fund that has a big asset allocation to Australian shares. While most self-managed funds have gone backwards in the past two years, Johnson's fund is up 20 per cent, mostly due to the direct share component of his portfolio. (Sydney Morning Herald -- Business)
Recovering from the Downturn: You Can't Change the Past, but You Can Help Shape the Future Oct 7, 2009
But I believe the rules for this so-called new world look surprisingly like the old rules: know your risk tolerance, follow an asset allocation plan you're comfortable with and diversify. Rather than giving in to your emotions, take a step back and re-examine your goals and approach to investing. (Townhall.com)
3Q fund guide: How to repair your nest egg after recession Oct 6, 2009
Find an asset allocation plan. Once you've figured out how much you need to save, figure out how much of your money should be split between stocks, bonds and money market securities. (USA Today -- Money)
Financial Stocks Lead Market Rally Oct 6, 2009
"This could signal a potential asset allocation shift into equities," says. On Monday, the 30-stock Dow Jones industrial average ended higher by 112. (BusinessWeek)
A new sophistication in risk Oct 2, 2009
Classically, asset allocation involves making trade-offs between different asset classes. This tends to be labelled the 60/40 approach, because many institutions tend to start with 60 per cent in equities and 40 per cent in bonds. (FT.com -- Markets)
Time to exit fundamentally weak stocks Oct 1, 2009
Ideally, for retail investors with a long-term view, sticking to a fixed asset allocation devised after taking into account their goals and risk profile could be the best approach to adopt. If our clients are overweight in equities due to the market rally at this point of time, they may reduce the exposure in equities in accordance with their asset allocation, according to Pankaj Narain, head private clients, banking and investments at Deutsche Bank India ... Mr Mashruwalla says,... (India Times)
Lawmakers question Permanent Fund investment strategy Sep 30, 2009
Alaska legislators are continuing to question the Alaska Permanent Fund's new "leading edge" asset allocation strategy, with leading legislators saying they should have been consulted on such a change ... Alaska legislators are continuing to question the Alaska Permanent Fund's new "leading edge" asset allocation strategy, with leading legislators saying they should have been consulted on such a change ... "The facts are we haven't changed the asset allocation except to make it more... (Juneau Empire)
How would the public option outcompete private enterprise? Sep 30, 2009
Individual Aggregate With four options of asset allocation based on: * Present Value of Benefits * Entry Age Accrued Liability * Accrued Liability Based on Prior Years Monthly Benefit and Normal Cost * Prior Years Allocated Assets Plus Normal Cost * Aggregate Traditional (payroll weighted) * Aggregate Modified (normal cost weighted) * Frozen Initial Liability Aggregate * Frozen Initial Liability Individual Entry Age Normal * System keeps track of amortization bases * Calculation of... (Atlanta Journal-Constitution -- Opinion)
Giving Money to Your Adult Children? Use it as an Introduction to Investing Sep 30, 2009
-- Asset allocation: When their goals are clear, you can start teaching your daughters about how to use the major asset classes to reach them: stocks (domestic and international) for potential growth, bonds for income and to add "ballast" to a portfolio, and cash for safety and liquidity ... -- Portfolio construction: When you've figured out goals, time horizons, asset allocations and risk tolerance, the fun begins: building a portfolio ... Is my asset allocation still in line with my target... (Townhall.com)
More go it alone with super Sep 26, 2009
While many public funds have been criticised for not changing their investment strategy as markets fell (perhaps unfairly criticised, in some cases, as many funds are le 00004000 gally limited in how much they can move in and out of different asset classes), more than a third of self-managed funds (36 per cent) made substantial changes to their asset allocation in the past 12 months, up from 27 per cent the year before. Not surprisingly, the bulk of funds that made changes - 55 per cent -... (Sydney Morning Herald -- Business)
Survey: Fund managers bullish on Asia-Pacific equities Sep 26, 2009
The quarterly HSBC survey analysed 13 of the world s leading fund management houses by their funds under management (FUM), their asset allocation views and their global money flows. At the end of the second quarter, the fund houses covered in the survey reported aggregated FUM of US$3. (The Star Online, Malaysia -- Business)
Stocks: Searching for True North Sep 25, 2009
Financial advisers are rethinking outdated formulas of "asset allocation" as clients demand more safety. Pension fund managers face the politically dicey task of rebuilding their portfolios without taking on excessive risk or demanding bigger contributions. (BusinessWeek)
Investments to recover? Sep 25, 2009
Given your current exposure to the money market, the R70000 hole will not be filled in a year with your 'teaspoon' asset allocation. Here are the facts: To get back to R220000 you need your R150000 to be invested with a required return of 48 percent. (iAfrica.com)
How the Meltdown Is Rewriting Investment Rules Sep 22, 2009
New ways to think about post-meltdown investing: Diversify more broadly, raise skepticism. By MARK JEWELL AP Personal Finance WriterBOSTON September 21, 2009 (AP) The Associated Press. (ABC News -- Wire)
China Investment Buys 15% Noble Stake for $850 Million to Gain Commodities Sep 22, 2009
CIC started accelerating its overseas investment pace in the most recent three to six months, they are showing a clear direction, that is from paper assets to commodities, said , director of asset allocation research at HSBC Holdings Plc in Hong Kong. If they hold long-term positions in commodity assets, they need a trading house. (Bloomberg -- Asia)
Poland Is `Unlikely' to Meet EU Deficit Target in 2012, IMF's Allen Says Sep 22, 2009
Achieving a deficit within 3 percent in 2012 sounds pretty implausible, said Christoph Kind, who manages $20 billion as head of asset allocation at the Frankfurt Trust. Poland would need an incredibly quick recovery to manage it, and I dont see that happening. (Bloomberg -- Europe)
Meltdown jolts consumers from financial fairyland Sep 21, 2009
Asset allocation can be simple. I met a woman who asked me to review her 401(k) portfolio. (Fresno Bee -- Business)
Investors Turn Downbeat on China and India Sep 19, 2009
In terms of global asset allocation, the proportion of investors overweight equities slipped to a net 27% from a net 34% in August. Investors lowered their allocations to eight out of 11 industry sectors. (BusinessWeek)
Wall St Week Ahead: Stocks' rise hinges on Fed and data Sep 19, 2009
The last full week of the third quarter could also see fund managers starting to change their asset allocations, a move that could further boost the stock market. "Let's be ready for some quarter-end asset allocation moves -- from cash and bonds to equities," said D.A. Davidson's Dickson. (Scientific American)
Forbes forum to discuss direction of economy Sep 18, 2009
Following a big picture view from the economists, there will be a panel session on strategies on asset allocation. The transformation in the financial landscape, which is seeing more regulatory oversight, is expected to change the nature of investing and risk management. (The Star Online, Malaysia -- Business)
Strategies for an Overextended Market Sep 17, 2009
You want to know the percentage invested in stocks, bonds and cash, because having the right asset allocation is a key to prevailing during volatile times. In addition, you want to know how your stocks and bonds did last year, because you want to have stop losses on risky assets that may go down again. (Human Events Online)
Money Changers: Eight Startups Brimming With Hope for the Financial Industry Sep 16, 2009
During his years managing a $1 billion hedge fund, Mitch Tuchman uncovered two truths: Steady returns come from smart asset allocation, not stock picking, and inevitably, managers will "siphon your money" with fees. Tuchman's lessons underpin MarketRiders, which recommends to customers a variety of low-cost exchange-traded funds (ETFs) for $9. (FastCompany)
Griffin Shifts Hedge Funds' Strategy to Fortify Citadel After Loss in 2008 Sep 16, 2009
The new funds are meant to appeal to clients who want to do their own asset allocation, rather than invest in Citadels multistrategy funds. Kensington and Wellington charge expenses, which have ranged from 3 percent to 6 percent of assets, and take 20 percent of investment gains. (Bloomberg)
Complacency helped super survive crisis Sep 16, 2009
Further, the future of super fund asset allocation would be radically altered, to a more conservative approach, delivering lower net returns over the long term and a reduced national savings pool. Having dodged a bullet by accident, next time we need to dodge the bullet by design. (Sydney Morning Herald -- Business)
Strategic Defaults: When Homeowners Walk Away From Mortgages They Can Afford Sep 15, 2009
A strategic default occurs when a borrower decides not to "throw good money after bad." This clich summarizes a prudent strategy of asset allocation. Why, indeed, might anyone ever be willing to throw good money after bad. (RealtyTimes)
Investing tips for over 50s Sep 12, 2009
Thus, having the right asset allocation mix is important. Over the longer term, stock markets do provide attractive returns to investors. (The Star Online, Malaysia -- Business)
Ivy League unis lose fiscal glow Sep 12, 2009
Harvard's loss is the biggest percentage decline in 40 years, prompting a review of its asset allocation. Investments from Brown University's endowment fell 23 per cent in the year ending June 30, its president, Ruth Simmons, said. (Sydney Morning Herald -- World)
Online investment adviser won’t deliver a sales pitch - it’s not even human Sep 11, 2009
The sites of many fund companies provide solid advice on asset allocation and sometimes suggest certain funds or combinations of funds (naturally, the funds they sell). By contrast, Cake is an independent information and screening service. (Boston Globe)
Italian Government Bond Futures to Offer Proxy to Hedge Greek, Irish Debt Sep 11, 2009
Whether investors are able to buy or sell the futures without distorting prices will be the most important issue in determining if the market succeeds, according to , head of asset allocation at Frankfurt Trust in Germany. Liquidity is everything, said Kind, who manages $20 billion. (Bloomberg -- Europe)
All that glitter: Fund houses on a gold buying spree Sep 11, 2009
MUMBAI: Asset allocation towards gold is picking up, if the rise in gold holdings by exchange traded funds is any indication ... According to market experts, the increase suggests greater asset allocation, particularly over the past three months, towards gold by retail and high networth investors, who are likely to have hedged their exposure in equities by buying into gold. (India Times)
David Kahn Joins Convergent Wealth Advisors' West Coast Office Sep 11, 2009
He joins Convergent from Wilmington Trust Company where he was a managing director and a private client advisor working with high net worth clients providing advice on estate planning, investment strategy, asset allocation and portfolio construction. Related Quotes. (Primezone Releases)
Coming events Sep 8, 2009
LIVING BETTER LIVING LONGER: How Women Can Help Secure Their Financial Futures, workshop 5-7:30 p.m. at Hawaii Women's Business Center; topics: assets and liabilities, emergency reserves, asset allocation and long term investing; light pupu, coffee and tea; members $20, non-members $25; advance payment required. RSVP: 526-1001. (Honolulu Advertiser)
Online investors moving from cash to shares Sep 8, 2009
Fifty-eight per cent of self-directed investors would not change their asset allocation, InvestSMART said. Self-directed investors using online brokers now comprise 56 per cent of Australian investors conducting deals online, up from 38 per cent in 2006, according to the Australian Securities Exchanges' (ASX) 2008 share ownership survey. (Sydney Morning Herald -- Business)
A light at the end of the recession Sep 6, 2009
Duties: Develop and improve key management reporting materials; work on asset liability management, risk/return analysis and asset allocation ... Duties: Develop and improve key management reporting materials; work on asset liability management, risk/return analysis and asset allocation. (New York Post -- Business)
Metropolitan half year profits fall Sep 2, 2009
Good asset allocation decisions and an improvement in equity investment performance in the short term point to the fact that the investment process at Metropolitan Asset Managers (MetAM) is being successfully turned around. Further evidence of this is expected by year-end. (Business Report, South Africa)
Pension funds may move Sep 2, 2009
Listing the pluses and minuses of moving to PRIT, Marino said that the pluses were being part of a large pension fund; that no decisions need to be made with regards to hiring and firing managers, asset allocation or monitoring; that essentially there would be only one money manager (PRIT); that management and custodian fees would tend to be lower because of PRIT s size; and, if the PRIT fund continues to perform, that there will be savings to the Regional s members in the future. The minus, he... (Georgetown Record, MA)
Bond yields and equities diverge Sep 1, 2009
The writer is head of asset allocation research. at HSBC. (FT.com -- Markets)
Pimco Plots Investment Strategy to Mimic Yale's Fund Without Cash Strain Sep 1, 2009
One of the lessons from 2008 that is part of asset allocation is being able to stay in the game and take advantage of the opportunities ... If your only view in terms of asset allocation is very long term, it ignores the concept that you need to remain solvent over the journey, said Taborsky, who spent five years at Stanford Universitys endowment before joining Harvard. (Bloomberg -- US)
Rules rein in Medicare Advantage marketing Aug 30, 2009
The new white paper introduces The Sequent Income Model, a unique asset allocation system that takes the concept of Bucket Planning for retirement income and optimizes the buckets. Sequent Income was developed and perfected over several years by Joe Elsasser, CFP for use in his own financial planning practice. (Fresno Bee -- Business)
The key to maximising returns Aug 30, 2009
It's been widely known that long-term investments and proper asset allocation have been surer and successful methods of building wealth. Many an investor spends time in deciding the sector to invest in, the "multi-bagger" stock and also deciding the "time" to pick up the stock. (India Times)
China Stocks Cheapest to Analyst Targets After Shanghai Index Slumps 16% Aug 29, 2009
Leuthold Weeden Capital Management, which invests in China through Hong Kong-listed shares, mutual funds and exchange- traded funds, has a record 11 percent of its core and asset allocation portfolios in China securities after increasing holdings in June. The firm has no plans to reduce its investment in China after the markets retreat, said , who helps oversee about $3. (Bloomberg -- Asia)
Do you expect Nifty to breach 5200 level in the short term? Aug 28, 2009
Five of the 10 00004000 respondents to a Reuters Asset Allocation Poll conducted between August 19 and August 27 said India's benchmark index could see a correction in three months. Four of them said it could drop more than 5 percent. (India Times)
Shares: the next 90 days Aug 28, 2009
Frederick White, head of SIM asset allocation and research says, "This reduction in perceived value is consistent with the recent strong rise in equity markets. From the start of the July survey to the start of the August survey, the JSE All Share Index rose by approximately eight percent and 34 percent since its low in March.". According to White, the valuation concern is more pronounced among the institutional respondents. (iAfrica.com)
Questions over recovery Aug 27, 2009
We have seen an asset allocation out of credit, because its had such a good run, and that money has gone into Treasuries, said Gerald Lucas, senior investment advisor at Deutsche Bank. Another aspect of the financial crisis has been a narrowing of options for investors, with many investors preferring to place their money in liquid markets. (FT.com -- Markets)
Calamos Releases Monthly Closed-End Fund Portfolio Data Aug 26, 2009
Aug. 25 /PRNewswire-FirstCall/ -- Calamos Investments has released monthly portfolio data for July including asset allocation, quality allocation, representative holdings, sector weightings and other fund characteristics for Calamos Convertible Opportunities and Income Fund (NYSE: ), Calamos Convertible and High Income Fund (NYSE: ), Calamos Strategic Total Return Fund (NYSE: ), Calamos Global Total Return Fund (NYSE: ) and Calamos Global Dynamic Income Fund (NYSE: ). Portfolio data for each... (PR Newswire)
