Gaining currency Nov 18, 2008
The currency futures market is your ticket to universal asset allocation. Of course, the above examples assume perfect conditions and zero trading cost. (India Times)
5 crisis questions answered Nov 18, 2008
This is a great time to rebalance your portfolio, since your asset allocation is likely off-kilter. And keep in mind that in the first 40 days of a new bull market, stocks typically regain a third of what they lost during the bear market, according to Standard s. Forget about sitting on the sidelines until you're confident that a bottom has been reached. (CNN -- Money / Personal Finance)
From the Valley Comes a Warning Nov 17, 2008
Calpers, which will discuss its asset allocation at an investment meeting on Monday, had its portfolio thrown out of whack by the global equity mess ... In theory, asset allocation models are meant to mitigate risk through diversification. (Atlanta Journal-Constitution -- Business)
Hedge funds brace for D-Day Nov 17, 2008
Many have to meet asset allocation targets, and with stock prices way down, they find themselves too heavily invested in hedge funds. "We are definitely seeing a lot of rebalancing which has led people to redeem,'' said Massey, the consultant. Hedge funds may try to defend themselves against the liquidation wave by limiting the amount of money investors can withdraw at a time by either suspending redemptions or throwing down gates. Lawyers for hedge funds have said dozens of managers are looking... (Sydney Morning Herald -- Business)
More Bad News: Employers Cut 401(k) Matches Nov 16, 2008
And as for what the market is doing to your 401(k), Mr. Wray suggests that people take a healthy look at their risk tolerance and asset allocation. "But try not to check on your account too much.". (Wall Street Journal)
Park in debt before interest rates drop Nov 16, 2008
For the short term, the asset allocation could be in gilt funds or income funds as the yield is expected to be good for 00004000 the next 1-2 years. With the equity markets now showing good prospects during the same period, risk-averse investors can shift their holding to these products. (India Times)
Fundamentally: Stock market bottom? For some, it's close enough Nov 16, 2008
But one way is to pay close attention to the asset allocation recommendations of Wall Street strategists. "It turns out to be a tremendous contrarian signal" for spotting market trends, said Bernstein. (International Herald Tribune)
If hedge fund managers spoke only the truth Nov 15, 2008
Finally, I am delighted to announce that our asset allocation committee is investigating three exciting new investment strategies designed to differentiate Short-Term from the pack of underperforming hedge fund managers out there. Plan A is to pledge all assets with Irish bookmaker Paddy Power, which is making a market on which US city will succumb to riots during the economic crisis. (Business Report, South Africa)
Hedge funds not defensive after all Nov 14, 2008
The asset allocation within many fixed-interest funds varies widely from the benchmark ... " The head of investment outcomes at Jana Investment Advisers, Ken Marshman, has long been an advocate for a shift in super fund asset allocations to alternative assets. "From a short-term perspective, given the liquidity crisis we have had in capital markets over the past year, it would have been better to have fixed-interest money invested in government bonds," Marshman says. "Our clients are long-term... (Sydney Morning Herald -- Business)
Retirement investors turn to bonds for balance Nov 14, 2008
If you're just a few years from retirement you should have a conservative asset allocation. That means heavier investment in bonds and fewer stocks. (San Diego Union-Tribune -- Business)
Market volatility: Diversified equity funds bleed Nov 13, 2008
The best performing scheme-Birla Sun Life Asset Allocation Aggressive (see table)-has returned -30 % in the last one year. JM Emerging Leaders, the worst performer in the category, has posted -70 % returns (if one could call that) in the past year. (India Times)
CPPIB unfazed by short-term losses Nov 13, 2008
"We absolutely see that happening, not only on the sidelines for any potential new investments, but [with some plans] actually looking to sell some of what they have within those asset allocation boundaries that they operate within," he said. With more than $28-billion of new cash coming into the fund in the next 11 years, plus the income and distributions from its existing investments, CPPIB still has "lots of capacity" to invest parts of its portfolio into less-liquid assets, Mr. Denison said. (Globe and Mail)
Consumer spending worries clobber stocks Nov 12, 2008
"Herrick referred to the fact that the market has been giving back gains recently including a 248-point advance last Friday as it tries to recover from October's heavy selling. In a similar fashion, the market pared nearly all of its losses on the report that BlackRock President Robert Kapito said a Bear Stearns mortgage portfolio is generating cash flow, but then quickly sank again.In midafternoon trading, the Dow Jones industrial average shed 146.08, or 1.65 percent, to 8,724.46 after... (Honolulu Advertiser)
Improve your returns Nov 12, 2008
This is particularly disappointing for us when we consider that when investors choose the Allan Gray Balanced Fund, they are delegating not only the underlying share or security selection, but also the asset allocation decision (or how much is invested in equities, bonds, cash and offshore). Investors who believe in our ability to make these decisions on their behalf will keep the rewards of our investment approach only if they stay invested for long enough. (iAfrica.com)
Area nonprofits hopeful in light of economic climate Nov 12, 2008
We remain committed to long-term asset allocation strategy and we will continue to be here as a resource for the community. Both Nicholson and program officer, David Jones, encourage continued contributions, especially during these difficult times. (Gaylord Herald Times, MI)
Consumer worries send stocks lower; Dow off 176 Nov 12, 2008
Investors are impatient to see positive developments in the real economy, not just in market borrowing rates from the massive government interventions over the past two months, said Alan Gayle, senior investment strategist and director of asset allocation for RidgeWorth Capital Management. The market is wondering, Gayle said, how far does the line go out the door for government assistance. (San Diego Union-Tribune)
iMedExchange Responses to Financial Crisis Nov 11, 2008
Hosted by iMedExchange, Sinnott Wealth Management will be presenting "Perspectives on Asset Allocation": -- George and Debbie Sinnott of Sinnott Wealth Management will co-moderate a discussion entitled "Perspectives on Asset Allocation." George is an independent financial advisor whose practice focuses on medical professionals, other high net worth individuals and successful small business owners. Debbie is vice president of Sinnott Wealth Management, specializing in client relations and... (PR Newswire)
China And Starbucks Fight Fat Nov 11, 2008
Growth is high, but the quality of growth is low, thus asset allocation decisions are likely to be poor. A combination of high financial and operational leverage sprinkled with past high growth rates will send China into a severe recession if growth rates slow down. (Forbes)
Mutual Funds &Personal Finance Nov 11, 2008
" Balanced funds have grown more popular in recent years. That's in part because they appeal to novice investors and others who want to delegate decisions to pros. For them, balanced funds offer complete portfolios that seek the best return for a given level of risk tolerance, says Kristi Mitchell, head of Barclays Global Investors U.S. defined contribution fund group. More Numerous Today 947 balanced funds exist. That's up from 536 five years ago and 452 a decade ago. The category has two main... (Investors Business Daily)
Glimpse Into a New Financial System Nov 10, 2008
"The roadmap so far has been painted by central banks but not governments. The conversation may turn from money markets and banking to the real economy -- what can be done to rejuvenate the economy?" said Michael O'Sullivan, director of asset allocation at Credit Suisse's Private Banking. "Central banks have provided monetary stimulus. As for fiscal stimulus, government needs to be careful. They need to spend efficiently.". (ABC News -- Wire)
Finance chiefs prepare for summit meeting Nov 10, 2008
"The road map so far has been painted by central banks but not governments," said Michael O'Sullivan, the director of asset allocation at Credit Suisse's Private Banking ... " According to Goldman Sachs calculations, the Group of 10 economies outside Japan have delivered on average 190 basis points of peak-to-trough easing. A basis point is one-hundredth of a percentage point. Interest rate markets are discounting total average easing of more than 300 basis points across the group. This compares... (International Herald Tribune -- Business)
Take SIP route for better returns Nov 9, 2008
In case of SIPs, the asset allocation keeps pace with the investor's changing risk-return profile. Besides, investing this way offers instant liquidity whenever required. (India Times)
Special planning for 'special' kids Nov 7, 2008
Asset allocation is key and knowing the kind of corpus and returns that you would need for your goals is paramount, experts say. As a general rule, a portion of the portfolio should be allocated to equity and this portion could be higher considering the time horizon in such cases (for retirement goal: parents a 00004000 s well as childs) is more than 30-plus years. (India Times)
Atlanta a Top 10 retirement destination Nov 7, 2008
Review asset allocation and all retirement investment and savings accounts. Review/update all beneficiary designations on all accounts. (Atlanta Journal-Constitution)
Profile: David Whiteley Nov 7, 2008
" He also notes that industry funds have generally outperformed the retail funds in pure investment terms, mainly because their asset allocation has been more heavily weighted towards unlisted assets. Recent research by SuperRatings found that industry super funds comprised nine of the top 10 performing funds for the five years to June 2008, eight of the top 10 over three years and seven of the top 10 over 12 months. That's why Whiteley is so annoyed by the financial-planning industry. Although... (Sydney Morning Herald -- Business)
Asian stocks sink on recession fears Nov 6, 2008
"Supportive policies, valuations and positions are not enough to bring about a sustained rebound in riskier markets, as has been clear over the past year,'' said Jan Loeys, head of global asset allocation with JPMorgan in London said in a note. "At best, we have seen bear market rallies that were soon overwhelmed by the reality of worsening economic conditions. . (Sydney Morning Herald -- Business)
11 San Diego Investment Professionals Earn Prestigious Chartered Financial Analyst(R) Designation Nov 5, 2008
Administered by CFA Institute, the CFA Program is a college graduate-level, self-study curriculum and series of examinations that test candidates around the world in ethical and professional standards, equity, debt, and derivatives analysis, alternative investments, financial statement analysis, quantitative methods, economics, corporate finance, portfolio management, risk management, asset allocation, and performance measurement. The CFA charter is a globally recognized standard for measuring... (PR Newswire)
Appetite for emerging markets will recover Nov 5, 2008
While some emerging markets will undoubtedly fare better than others, the current market environment is a good time to think about strategic asset allocation. It is a buying opportunity for emerging markets assets both as insurance against the risk of further dollar weakness, and for extraordinary value. (FT.com -- Markets)
Post-Crash Planners Keep the Faith in Stocks Nov 5, 2008
Are there flaws in that theory of asset allocation ... Normally, he says, he believes in traditional asset allocation, but ``this is one of those rare instances when duck-and-cover is appropriate. (Bloomberg -- Columnists)
Special: Mutual Fund Monthly Nov 5, 2008
Jeff Tyler, head of American Century Investment's asset allocation fund strategy, has been hewing to safer investments this past year. But he thinks it would be a mistake now for an investor with a 15-year time horizon to invest as if he had a two-year horizon. (Investors Business Daily)
In these troubled times do you hold stocks or cash? Nov 5, 2008
According to a study by Gary P. Brinson, L. Randolph Hood and Gilbert L. Beebower in 1986, 95% of the variance of fund returns was the result of the asset allocation decision. Hence, the right asset allocation between cash and stocks plays a very important role in determining the returns of a portfolio ... In this article, we will look into two key strategies in asset allocation, namely the constant mix (CM) and the constant proportion portfolio insurance (CPPI) strategy. (The Star Online, Malaysia -- Business)
How deep a crisis? Nov 4, 2008
The debate over whether we are in a severe world financial and economic crisis is settled, says Jan Loeys, head of Global Asset Allocation at JP Morgan. Now the focus has shifted to how deep and long the crisis will be. (FT.com -- Markets)
The Extremely Frayed Retirement Safety Net Nov 3, 2008
That means the right investments, the right asset allocation, and the right plan. If you need any help making your golden years golden, I encourage you to try Rule Your Retirementfree of charge for the next 30 days. (MSNBC -- Business)
Pennsylvania Treasurer Addresses Investment Performance in Challenging Economy Nov 1, 2008
"Even using reduced projected revenue earnings, the depth and duration of the current market volatility could not be predicted. Treasury was relatively well-positioned for this acute economic condition compared to other investors and our returns are in line with the appropriate benchmarks." Treasurer Wiessmann explained: "At any particular point in time, our assets' values fluctuate. Because of the downturn in the stock market, current decreases Treasury has in its portfolio are not attributable... (PR Newswire)
The Law Firm of James A. Dunlap Jr. & Associates LLC Files Arbitration Claims Against Morgan Keegan for Losses Sustained in Morgan Keegan Bond Funds -- RHY, RMA, RMH, RSF, MKHIX, MKIBX, RHICX, RHIIX, RIBCX, and RIBIX. Nov 1, 2008
According to the Statements of Claim, the Claimants sustained losses in the Morgan Keegan Funds caused by Morgan Keegan's false and misleading statements about the Fund's risk tolerance, asset allocation, lack of diversification, and lack of suitability for the claimants. The Claims also allege that Morgan Keegan violated Rule 10b-5 of the Securities Exchange Act of 1934, as well as applicable state securities laws. (Primezone Releases)
Consumer Reports Survey Finds One-Third of Americans Say They Are Worse Off Financially Than a Year Ago Oct 31, 2008
Check whether the wild market swings have thrown off your asset allocation -- the specific mix of stocks and bonds that make sense for your financial goals and risk tolerance. If so, rebalance it by selling shares in assets that are overweighted and buying those that are below optimal levels. (PR Newswire)
Canada's Currency Gains for a Third Straight Day as Global Stocks Increase Oct 31, 2008
A combination of global rate cuts and asset allocation rebalancing have sparked a global equity recovery,'' Enright and Fazio wrote in a note today. That's ``a clear catalyst for the paring of long positions. (Bloomberg -- Canada)
Stocks rise on GDP report Oct 31, 2008
It does look like the market is taking a tentatively better tone today, said Alan Gayle, senior investment strategist, director of asset allocation for RidgeWorth Capital Management. Pessimism and skepticism have become the dominant mode of thinking. (San Diego Union-Tribune)
UTI woos overseas Indians with new gold, equity-based fund Oct 29, 2008
"The UTI Wealth Builder Fund Series II is the first of its kind to offer an asset allocation combining traditional as well as non-traditional asset classes," he said. "By providing exposure to alternative asset class, the fund offers common investors a strategy traditionally reserved for high net worth (HNIs) or institutional clients," he explained, adding that the fund would provide a hedge against extreme volatility while assuring reasonably attractive returns. (India Times)
UTI woos overseas Indians Oct 28, 2008
"The UTI Wealth Builder Fund Series II is the first of its kind to offer an asset allocation combining traditional as well as non-traditional asset classes," he said. "By providing exposure to alternative asset class, the fund offe 00004000 rs common investors a strategy traditionally reserved for high net worth (HNIs) or institutional clients," he explained, adding that the fund would provide a hedge against extreme volatility while assuring reasonably attractive returns. (India Times)
Make asset allocation plan to avoid losses Oct 28, 2008
2008 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights:This site is best viewed in 1024x768 resolution. (India Times)
Cash wise mutual funds weather storm better Oct 27, 2008
Birla Sun Life Asset Allocation Aggressive-Growth fund fell 13. 16% in the past month (up to October 23). (India Times)
Economic crisis hits retirees Oct 27, 2008
By and , Staff Writers Sunday, October 26, 2008. Guy Lortie and his wife, Winnie Lortie, wait for friends to arrive at North Bend Senior Center on Thursday. (Coos Bay-North Bend The World, OR)
No comments posted. Oct 27, 2008
The World Link: Economic crisis hits retirees. Economic crisis hits retirees. (Coos Bay-North Bend The World, OR)
The body punches keep on coming Oct 26, 2008
says every sound investment strategy from careful asset allocation to diversification hasn't worked in a market that has become an "equal opportunity destroyer.". Nouriel Roubini, an economist at New York University, said that in this market, "trying to buy equities is like catching a falling knife. There are no buyers in these dysfunctional markets, only sellers, and panic is the ugly state of this destabilizing game.". (Globe and Mail)
Market bargains, a long horizon present a great opportunity for young workers Oct 26, 2008
Be sure to seek professional advice about asset allocation. Do not take unnecessary risk by limiting your portfolio to one or two asset classes. (Athens Banner-Herald)
College savings not immune to market swings Oct 25, 2008
Get the right mixBecause the asset allocation of age-based plans can vary significantly, be sure to check what percentage of the portfolio is in stocks, said John Heywood, who heads the 529 plan business at Vanguard. "That's the key ingredient," he said. (MSNBC -- Business)
The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against Wachovia and Evergreen Investment Services Seeking Damages in Excess of $220,000 -- EUBAX, EUBBX, EUBCX, EUBIX Oct 25, 2008
As a result of the high-risk asset allocation of the Fund, it experienced a decline of about 20% in less than 3 weeks. Klayman & Toskes reminds investors of the benefits of filing an individual arbitration claim, as opposed to participating in a class action lawsuit. (Primezone Releases)
Dear Chairman Greenspan: Remember that cheap money? Oct 24, 2008
Dear Chairman Greenspan: Remember that cheap money. 5:00 PM, October 23, 2008. (Los Angeles Times)
Sharply Lower Stock Prices Turn Some Longtime Bears To Buyers Oct 24, 2008
This enabled his GMO Global Balanced Asset Allocation III fund to return over 9% annually over the last 10 years, far above most market indexes and benchmarks. With emerging market stocks having sold off sharply this year, Grantham again favors equities in China, Russia, Brazil, Chile, Taiwan and other emerging nations. (Investors Business Daily)
Asahi Mutual Life to Boost Japan Bond Holdings by $1 Billion to Lower Risk Oct 24, 2008
3 trillion yen invested in domestic bonds as of Sept. 30, according to , general manager of the asset allocation and planning unit ... Sumitomo Life and Dai-ichi Mutual Life Insurance Co., the second-largest insurer, said they plan to keep asset allocations unchanged, while Meiji Yasuda and , Japan's biggest life insurer, said they will boost overseas holdings to secure higher interest payments. (Bloomberg -- Japan)
State money managers stay the course Oct 20, 2008
At the permanent fund and at the Department of Revenue's Treasury Division, a system called "asset allocation" is set up by their governing bodies in calmer times ... Each body sets their asset allocations, including how much to invest in U.S. stocks, foreign stocks, U.S. bonds, etc. (Juneau Empire)
An eye on the Future Oct 20, 2008
Its targeted long-term asset allocation is, however, revealing. In the long-term it wants to have about 35 per cent of the fund invested in equities, with about 10 per cent of the fund devoted to Australian equities. (Business Spectator)
Jobs will lead economic gains Oct 19, 2008
The current economic downturn isn't the first one Americans have faced, and it probably won't be the last. Another certainty, say local economists, is this: The crisis is going to end, and the economic recovery is likely to be longer-lasting than the downturn. (The Augusta Chronicle)
UBS Financial VP makes top advisers list Oct 18, 2008
1 billion in assets under management on behalf of institutions and wealthy individuals, following an asset allocation strategy. Advisers were ranked according to assets under management. (AZCentral -- Business)
Unstress and shift the risk Oct 18, 2008
" For your typical super fund to get to an allocation of 62% to cash, like the Future Fund, or even 50%, like Third Link (for a period of time), would have taken a monumental sell-down of assets. No trustee in their right mind would have countenanced such a dramatic shift in asset allocation. This raises the issue of "market timing": the belief that better returns can be achieved over the long term by buying into the market at the bottom and selling out at the top. The theory is attractive. If... (Sydney Morning Herald -- Business)
Don't Bail On Mutual Funds Now As Market Rallies In Aging Bear Oct 18, 2008
"Based on your age, time horizon and need for income, choose an asset allocation." he said. "Then stick with it.". (Investors Business Daily)
Investors wrestle with faith in markets Oct 17, 2008
Some of my financial planning colleagues and myself, weve always had certain things we would say have a balanced, diversified portfolio, think long-term, and asset allocation. And those words seem almost worthless now, Maloy said. (MSNBC -- Business)
To rent or not to rent - tax is the question. By Paul Windsor Oct 17, 2008
To rent or not to rent - tax is the question. By Paul Windsor - 17 Oct 2008. (Accounting Web, UK)
Buying low, selling high not always the answer Oct 17, 2008
It is fair to say no trustee in his or her right mind would have countenanced such a dramatic shift in asset allocation ... This process is called asset allocation, and is a process dictated by an investor's tolerance for risk (or volatility of returns) ... (The process of risk profiling and asset allocation is perhaps the most valuable service a well-qualified and competent financial planner can provide in this context. (Sydney Morning Herald -- Business)
Not so super - fees eat at returns Oct 17, 2008
By Karina Barrymore October 17, 2008 08:19am. IT\'S official - fees and commissions paid by retail superannuation funds reduce returns to their members. (The Australian)
Hindsight is 20/20 for forum participants Oct 16, 2008
Investors will be likely to get back to the basics of reevaluating their overall asset allocation, properly defining their objectives, time-horizon and risk tolerance to ensure that their portfolio structure is aligned with their overall needs. He says investors have been reminded of the basics of investing. (Houston Business Journal, TX)
Is It Time to Get Back Into the Market? Oct 15, 2008
If you have the cash on hand, look to fill gaps in your current asset allocation, whether those gaps are in large caps, small caps or even international ... For instance, the asset allocation target I've set for my own portfolio is 85 percent stocks, 10 percent bonds and 5 percent cash. (ABC News -- Business)
TSX rebounds Oct 15, 2008
"What we've seen is panic and contagion have been threatening the world economy and investors were creating their own reality, really," said Paul Vaillancourt, director of asset allocation at Franklin Templeton Managed Solutions in Calgary. The index had traded ahead more than 1,600 points, but investors pared gains after they realized that there are still plenty of headwinds, including sharply slowing global growth and lower corporate earnings. (Winnipeg Sun)
Health Systems Solutions Enters into Agreement to Acquire Emageon to Create Healthcare Technology Leader Oct 14, 2008
The Stanford Financial Group of companies provides private and institutional investors with global expertise in asset allocation strategies, investment advisory services, award-winning policy and equity research, international private banking and trust administration, commercial banking, investment banking, merchant banking, institutional sales and trading, real estate investment and insurance. Stanford has over $50 billion in assets under management or advisement. (PR Newswire)
