Portfolio management

There are encouraging signs of growing investor interest in African securities portfolios.

Impact on the growth of foreign investment and economic cooperation

(b) In order to establish accountability, the Investment Management Service should either (i) ensure that the fixed income investment officer acts with greater independence in the management of the portfolio or (ii) consider outsourcing the fixed income portfolio while maintaining the investment officer to monitor the performance of the outsourced portfolio (AS2003 801 02 011)

39. Of the three forms of private capital flow (loans, FDI and portfolio equity), FDI and portfolio equity investments are more relevant in the present context of African economies.

(d) In view of the size and diversification of the investment portfolio, the Investment Management Service should increase the number of investment managers or review the possibility of hiring additional discretionary investment advisers (AS2001 95 1 14)

Investment agreements which signal that investment is valued and that all investors will be treated fairly also promote investment.

Examples of the latter could include provisions aimed at enterprise development, OFDI promotion programmes and outbound investment missions in conjunction with investment promotion authorities.

31. In addition, to enable investors to minimize their risks and to diversify their portfolios, there is a need to widen the investment sphere. This requires assisting the MFIs which are potentially eligible for this kind of investment in making their case vis à vis potential investors.

Table 2 Outward FDI promotion programmes of OECD member countries, early 1990s

NEW YORK Even in normal times, individual and institutional investors alike have a hard time figuring out where to invest and in what. Should one invest more in advanced or emerging economies?

Investments will be made subject to programme country demand, matched by adequate funding, and fulfillment of basic investment criteria.

To carry out the mission and achieve the Fund's goals and objectives, the Investment Section of the Investment Management Service actively manages portfolios of equity, fixed income, real estate and short term investments, constantly analysing capital markets and investment opportunities.

Considering the relatively small portion of the Fund's assets invested in such equities, one can easily understand that outsourcing this type of investment is a reasonable option

(b) Regional investment programme for ECO member countries.

Private investment, particularly in productive sectors, remained low due to an ongoing lack of confidence of potential investors in the political situation.

(d) Alternative investments offer the opportunity for an enhanced risk return profile for a pension investment portfolio.

The Meeting is expected to further the exchange of best practices among host country investment promotion institutions, and encourage greater cooperation among inward and outward investment promotion programmes.

International financing institutions could increase overall resource commitments to water and sanitation, as well as reorient their portfolios, making use of dedicated financing initiatives for greater investment in rural and smaller settlements.

Since the Fund invests in small capitalization equities in the United States, Europe and Japan, in house management would require a significant number of portfolio managers and analysts dedicated to research.

An investment in youth is an investment in the future.

In response to a delegation's query about the possible overlap or complementarity of OECD's and UNCTAD's work, it was pointed out that OECD utilized a broader perspective in focusing on investment policy, whereas UNCTAD focused more specifically on FDI.

The effects of the embargo relating to investment and cooperative ventures have been substantial.

OFDI has been driven largely by investment in resources as well as by investment opportunities in neighbouring countries as a result of privatizations (e.g. in Mozambique).

Panellists also underscored a trend towards investing more resources in marketing and human resources than in technology.

Or the deposits can be investments in D.E. Shaw s funds and the loans can be the complex derivatives that make up D.E. Shaw s portfolio.

Figure 18 Cost of management of the Fund's portfolio by the Investment Management Service

27. There are three main categories of private resource flow loans, foreign direct investment (FDI), and portfolio equity investment.

Investment in human development is an investment in long term competitiveness, and a necessary component of a stable and progressing society.

It was also stated by some that bilateral investment treaties were relatively unknown among investors (as opposed to providers of finance and insurance), although investors are concerned about the issues that bilateral investment treaties address.

It was also stated by some that bilateral investment treaties were relatively unknown among investors (as opposed to providers of finance and insurance), although investors are concerned about the issues that bilateral investment treaties address.

Considering the relatively small portion of the Fund's asset invested in such equities, one can easily understand that outsourcing this type of investment is a reasonable option.

It has created 200 jobs, 20 per cent of them for women.

) To the extent that these agreements protect investment and open up industries for FDI, they facilitate OFDI from developing countries.

Source OECD, Promoting Foreign Direct Investment in Developing Countries (Paris OECD, 1993).

Recognizing the importance of government investment in promoting innovation and growth implies the need to rethink the conventional wisdom about state intervention. Instead of focusing on picking individual technologies or firms, public organizations should act like investors, betting on a diversified portfolio of choices.

In this regard, UNCTAD was encouraged to offer greater support to the OECD NEPAD Investment Initiative to improve the investment climate in African countries so as to promote both domestic and foreign direct investment.

We also reaffirm that the Sudan welcomes and encourages private and joint investments in all fields.

Cooperation has been extended to investment guides for LDCs, and investment policy reviews have been conducted jointly.

Finally, the discussion on outward investment promotion had shown that it would be useful to have another meeting on cooperation between inward and outward investment agencies, with more active participation by outward investment agencies.

And I want to just make one point about this investment.

Greenfield investments are less common, since these generally imply much larger risks and financial commitments for the investing enterprise.

Wishing to promote investments in human development over the entire lifespan and in preserving and supporting age integrated social institutions,

Under investment cost, the Secretary Chief Executive Officer explained that the additional resources requested were directly linked to the recommendations made in the report of Deloitte and Touche on the investment process, operations and organization of the Investment Management Service.

The funding of public and community health services also requires substantial reorganization in order to ensure a balance between investment in prevention and investment in personal remedial services.