Institutional Investments Essay Example | Topics and Well Written Essays - 2000 words

Institutional Investments - Essay Example Last part of this article would highlight some of the tactics devised in order to control discount trading of investment trust. Summary at the end of this article would conclude this article. Investment Trusts Investment trusts are those types of companies, which are provided the domicile of United Kingdom such that they are listed in the London Stock Exchange. They mainly invest in the equities and securities of the companies across the world, which are listed in different stock exchanges (Redhead, 2008). These investment trusts are run by the panel of the independent directors who take care of the affairs of the investment trusts. Investment trusts are somehow different with the investment companies such that investment companies are domiciled outside the jurisdiction of UK such as Jersey or Guernsey (Redhead, 2008). Pricing of Investment Trusts The pricing of investment trusts are made based on a conceptual term named as Net Asset Value or NAV. Net asset value is the market value of all the investments held by the investment companies. Therefore, the market value of any investment trust is actually the NAV of the investments (Levy and Post, 2005). In case if the market value of the shares issued by the investment trust exceeds NAV, then this concept refers as the shares of the investment trusts are trading at a premium. ... This means that the shares of the investment trust are trading at discount. Very occasionally, it appears that the investment trust share is trading at a premium. The following discussion entails the factors that cause the investment trust shares trading at a discount. Investment shares trading at a discount can be regarded as one of the integral aspects that operate behind the performance of the investment trust. The measurement of the shares of the investment trusts can be made in two ways. Firstly, the share price of the investment trusts quoted at the stock exchange. Secondly, market value per share of the assets of those companies, which are held by the investment trusts. In this way, discount can be calculated by simply taking the difference between the price per share of investment trusts and net assets value divided by the net assets value. Principally, the discount is regarded as the function of demand and supply mechanism for the shares of the investment trust. However, the discounts, and specifically the fluctuations in discounts are more important and follow some basis rules, which help understand the problem of investment trust shares trading at a discount more consistently. In case if the discount rate increases, this indicates that there are more chances that the discounted shares will be priced higher in future. This suggests that the investment trust shares are quite attractive especially against those investment trust shares, which are currently trading at a premium (Baums and Buxbaum, 1994). However, this mechanism is not as easy and simpler as it appears, had there been such a potential in the discounted investment shares for a possible price increase, the whole market

A project for potential implementation Essay Example | Topics and Well Written Essays - 4500 words

A project for potential implementation - Essay Example per elderly person, the increasing demands can be met only by increasing productivity in health sector, relying more on immigrant health workers, or attracting a larger share of American workers to careers in health care.† (Davis, Karen. 12). Further, in the Fact Sheet of ‘HRSA Nursing Workforce and Education Programs for FY 2007 Appropriations’, the Department of Labor reported that America’s demand for RNs will grow 29 per cent between 2004 and 2014 (HRSA.2). During the last five years of my tenure as Human Resources Manager (HRM) in this hospital I have always been confronted with a major concern of not being able to recruit sufficient number of health care professionals, especially RNs. I also want to draw the attention of the senior management to the fact that we have recently conducted a drive to recruit 50 nurses against some existing and anticipated vacancies. However, we have been able to earmark only 30 candidates even after exhausting all the channels. This is creating a major impediment in our expansion plan which is scheduled for the second half of next year. Under the present circumstances it is unlikely that our HR Department will be able to identify and enlist sufficient number of RNs from the domestic market. From past experience, and an evaluation of relevant dossiers, I understand that nurses from India who constitute about 15% of RNs in this hospital, are very committed, well mannered, and reasonably educated. They are also found to have been consistent in delivering results as emerging through a review of their Key Performance Indicators (KPIs). So, India will be a potential source for recruiting the workforce in this category. However, a constraint arises from the fact that due to the lack of training and orientation facilities, a vast majority of Indian nurses are unable to qualify tests like CGFNS, NCLEX, and IELTS, which are prerequisites for recruitment to US hospitals. In this connection, I have had several rounds of