Investment Analysis essay for the exam Example | Topics and Well Written Essays - 2250 words

Investment Analysis for the exam - Essay Example In actively managed portfolios, fund managers do not believe that market is always efficient and they are always eager to make use of such mismatch in pricing that does not discount the information completely. If active fund manager remains successful in identifying such opportunities, it is possible to make above average returns without exposing to higher systematic risk and thus, it is possible to outperform the market through actively managed portfolios. Information always continues to flow in the market and prices keep on fluctuating. Sometimes the information is stock specific and sometimes, some macroeconomic factors may provide direction to the market. Disadvantage of actively managed fund is that these funds have higher expense ratios. They also pay higher taxes as they frequently enter and exit in the market. Due to their modus-operandi, these funds may give higher returns; however, they carry higher risks too. It is also true that prices fluctuate in response to available information widely as per the perceptions of the players involved and they are mostly unpredictable. Usually, it is not possible to use information to predict future price. Contrasting actively managed funds, passively managed funds take a long term view and do not frequently enter or exit the market. The advantage is that they are less risky and pay lesser taxes in comparison to active funds. Owing to limited number of transactions, passively managed funds spend less on transaction costs. They usually provide risk free average returns. Passively managed funds are highly diversified to minimize market risks. Another advantage is that they are not information dependent while reshuffling their portfolios, which usually happen at much lesser frequency. The only disadvantage that can be said against passively managed funds is that they do not provide fancy returns;

Solvability Factors Essay Example | Topics and Well Written Essays - 1000 words

Solvability Factors - Essay Example Solvability factors, therefore, are the elements or situations that directly or indirectly affected the resolution of a crime which, as defined above, constitutes arresting and charging the offender or perpetrator. The following are solvability factors identified in the investigation of crimes such as homicide. The first group of factors involves those associated with the crime incident (Keppel & Weis, 1994). One factor is the commission of another crime. For homicide, these include robbery and breaking and entering which may aid in the investigation of the primary crime. Another factor is the time of the commission of the crime. Crimes that are perpetrated at broad daylight or at a time wherein many people are up and about will have a higher solvability due to the possibility of witnesses. Another factor under this category is the place of the crime. Crimes committed in residential areas are more likely to be solved than those committed in non-residential areas (Keppel & Weis, 1994). The second group of factors includes those associated with the vic... The third group of factors is the law enforcement organizational factors. Different strategies, regulations and other characteristics of crime detection agencies play an important role in the resolution of a crime. One factor is the amount of time that is devoted for a particular case. It is only logical that one investigator can handle a certain number of cases for a given period of time while it is quite understandable that an investigator can be more focused and be efficient when handling one case at a time (Wellford & Cronin, 1999). Another factor under this category is the number of agents or detectives for a particular division who can handle the same types of crime. When a certain investigator handling a case cannot, for any particular reason, pursue the investigation then assistance or replacement by another capable investigator is necessary (Muozos & Muller, 2001; Wellford & Cronin,1999). Another factor is the existence and efficiency of support staff that can increase the performance and rate of accomplishment of the details and processes undertaken by an investigator. Related to this is the separate function of data or evidence analysts that can help tackle the clues and questions posed by the data or evidences. Lastly, an important solvability factor related to law enforcement practice is teamwork inside the unit which roughly translates to good cooperation and communication frameworks among colleagues (Riedel & Rinehart, 1996). The fourth group of solvability factors falls under the crime scene factors. The foremost factor in this category includes the rapid or timely security of the crime scene and other places that may be