Portfolio management

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

(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.

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

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.

(b) Regional investment programme for ECO member countries.

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

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.

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.

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

(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)

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

That area continues to receive much lower levels of resources from the donor community compared to the funding available for humanitarian response and conflict situations.

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.

Large investors diversify their asset portfolio in order to optimize their risk return ratio.

For example, international organizations like the World Association of Investment Promotion Agencies (WAIPA) could coordinate such cooperation.

(b) General review of the portfolio in terms of average holding in relation to the size of the markets and the size of the companies

UNCTAD apos s experience in the area of FDI should also be used to discuss the proposals for a multilateral investment agreement, in cooperation with other international organizations such as WTO and OECD.

Impact on the growth of foreign investment and economic cooperation

A combination of technical cooperation, financing investment and other inputs would be necessary.

A combination of technical cooperation, financing, investment and other inputs would be required.

Relative investment growthc

(b) The split between domestic and overseas investments and the regional allocation within the overseas portfolio and the associated currency decisions

3. The Investment Management Service has two in house systems (a) a Portfolio Management System, which was installed in 1993 and (b) the Investment Control and Accounting System, which provides automated accounting for the transaction activities of the investments of the Pension Fund.

(c) Diversify the portfolio in respect of asset type, currency and geography

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

Portfolio risk analysis and performance attribution system ( 875,000)

Investors achieve returns when their portfolio companies do well companies do well when employees are committed and engaged.

Recognizing that outward promotion functions are often shared among multiple home country institutions, the experts suggested that lead organizations dealing with outward investment promotion in OECD member countries, as well as in other countries, be identified.

Investing in our youth means, as always, investing in our future.

A state of the art system will allow the Investment Management Service to rapidly and accurately handle complex investment data and analyse the portfolio risk and its performance.

Joint Social Investment

As for an overseas investment, an enterprise shall conclude a contract thereon in written form so as to clarify the rights and interests it may enjoy from this investment and to carry out financial supervision.

All of the OECD countries promote outward FDI, primarily in three areas information and technical assistance financial support and fiscal incentives and investment insurance (see table 2).

Second, an IPA usually also undertakes activities related to investor targeting, including identifying potential investors preparing investment profiles and feasibility studies making direct contact with prospective investors and bringing to bear all kinds of marketing and selling skills to generate an investment.

(c) Should there be greater cooperation between inward and outward investment promotion agencies?

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?

ASEAN investment cooperation and the Greater Mekong Subregion arrangement have also encouraged Thai OFDI to member States.