Portfolio management

(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.

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.

(b) Regional investment programme for ECO member countries.

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

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

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

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

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

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.

The Advisory Panel has highlighted the importance of trade and investments in Africa.

More than that, after enjoying the policy privilege of not imposing the withholding income tax according to the rules, the foreign investors could continue to enjoy the policy privilege of not imposing the withholding income tax providing that the invested enterprise undergoing the reorganization met the criteria of special reorganization, and the tax treatment was actually implemented on the basis of special reorganization.

Finally, the group felt that another important challenge was the availability of investment capital.

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

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.

The importance of cooperation with the United Nations Industrial Development Organization (UNIDO) in the areas of investment and enterprise development was also mentioned.

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

We teamed designers and investment experts up with 11 water organizations across India.

(2) organizing the implementation of such financial schemes as fund raising, investment, guarantee, donation, reorganization and profit distribution and so on, fulfilling the obligation of debt repayment of the enterprise faithfully

In broad terms, this entailed a reorganization of the Service and additional outsourcing.

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

(2) determining material financial items such as fund raising, investment, guarantee, donation, reorganization, remuneration for operators and income distribution and so on

(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)

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

UNCTAD had been granted observer status in OECD's Investment Committee.

Cooperation with relevant organizations in the area of investment and related issues is also important to the UNCTAD IX objectives cited above.

The latest figures show that the old model is not working. There are a lot of great investments that you can make. If you are investing in tar sands or shale oil, then you have a portfolio that is crammed with sub prime carbon assets.

The representative of the Organisation for Economic Co operation and Development (OECD) explained why the attempts in recent years at both the WTO and OECD to conclude a Multilateral Agreement on Investment had been unsuccessful.

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

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.

15. ESCAP is also seeking cooperation with ECO in the implementation of a project on investment promotion for the mining industry in the ECO countries.

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

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.

Italy had always attached great importance to UNIDO investment promotion and technology transfer.

Investing in library based human capital will become an essential budgetary priority of the Organization.

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.

The newly established Working Group on relations between trade and investment of the WTO is also expecting to benefit from your findings in its future deliberations.

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.

Board of Directors, Nozala Investments (women apos s component of National Economic Initiative).

More credits are accorded to women when the overall composition of the portfolio emphasizes the commercial sector and investment is clearly oriented towards income generating activities or those that are not unduly capital intensive.

In the detailed implementation rules for reducing surplus coal capacity issued recently by Shanxi Province, it was proposed that Shanxi Coking Coal Group should be restructured and transformed into a state owned capital investment company, its assets and businesses should be reorganized and consolidated, and a new business model constructed.

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.