I just joined an investment management firm as a business analyst but I don’t know the first think about investment management. What would you books, courses, etc, would you recommend that I look improve my career?
How would you recommend to learn more about investment management as a career?
December 8th, 2008I just joined an investment management firm as a business analyst but I don’t know the first think about investment management. What would you books, courses, etc, would you recommend that I look improve my career?
WACC, risk, upper limit of the initial investment?
December 7th, 2008Z is considering a project that will result in initial after tax cash savings of $4 million at the end of the first year, and these savings will grow at a rate of 5 percent per year indefinitely. The WACC is 11.71%. The cost-saving proposal is somewhat riskier than the usual project the firm undertakes; management uses the subjective approach and applies an adjustment of +2 percent to the cost of capital for such risky projects.
What is the upper limit of the initial investment for Z to take on the project?
Can someone help me figure out who this company is before I submit a resume?
December 2nd, 2008I’m interested in changing jobs and have been researching openings. I’ve come across this one which looks very interesting to me, but I want to craft the resume & cover letter specific for this company [and also do some research on them]. Can someone help me figure out who this company might be? Guessing allowed but please provide your reasons for the guess, and also any links that support your guess.
Here’s the specifics on this job:
Company Information
Our client company is one of the largest publicly traded global asset management firms in the world with approximately $618 billion in assets under management. They provide diversified, global investment management services that include growth and value equities, style blend and fixed income services to institutional, high net worth and retail clients worldwide. Additionally, they provide in-depth research, portfolio strategy, trading, and brokerage-related services.
Job Description:
Global Wealth/Client Advisor for a prominent Money Management firm. The positions are in Los Angeles, San Diego, San Francisco and Seattle, Washington. Strong sales background with proven sales record required. Responsibility is to create a network with attorneys, CPAs, etc., people who know wealthy individuals and sell to the wealthy individuals the asset management services of the firm. Background can be from any industry such as medical device sales, real estate sales, mortgage, law, etc. Most importantly individuals should possess a strong desire to work in the global wealth/private banking arena…have successful sales experience…without a lot of job changes. Training will be provided.
Why does the left bring up Cheney and Haliburton but not Gore and Generation Investment?
November 29th, 2008Al Gore maintains a he lives a “carbon neutral” lifestyle by buying “carbon offsets,” but the company that receives Gore’s payments for carbon offsets is partly owned and chaired by the former vice president himself.
His extra-large carbon offsets are paid through Generation Investment Management, a London-based company with offices in Washington, D.C., for which he serves as chairman. Make no mistake, this is NOT a non-profit. Generation Investment Management is set up to become a multi-billion dollar investment firm and is also set up to exclude the lower class.
Generation Investment Management’s U.S. branch is headed by a former Gore staffer and fund-raiser, Peter S. Knight, Knight was the subject of several probes by the Federal Election Commission and the Department of Justice.
When Gore is buying carbon offsets through Generation Investment, he is in all actuality buying stock.
http://billhobbs.com/2007/02/more_on_gore.html
With proposed legislation for “Global Warming”, it is related. It is still a conflict of interest yet many don’t question it. I’m asking why nobody is questioning his motives for suggesting poor people use clothes lines instead of dryers while he uses and over abundance of energy and justifies it by paying himself.
Geez, only ONE answer from the left on why nobody questions Gore, just more rhetoric about Cheney! I thought the left likes to question things.
Al Gore stands to gain by forcing Global Warming down our throats and yet nobody questions. Hmmm….
Degrees or Qualifications for Financial analyst (Corporate, Investment Banking)?
November 27th, 2008I hold a bachelor degree in Finance, have one year experince as a financial analyst at investment bank firm, my job involves conducting feasibility study, build financial models (Income statement, Balance sheet, Cash flow statement, and computing WACC, IRR, NPV, and other fin. ratios).the company services includes debt raising and M&A. Last June I took the CFA level 1 exam and didn’t pass.Before knowing my result, I decided not to continue as i found that CFA focus more on portfolio management, which I’m not interested in at all. Now my problem is that I feel that I need to take some qualifications (for knowledge and promotion purposes) my office mates are going to take the CFA this June, and my boss is a big fan of CFA. I don’t want to take CFA and don’t want to be “less” than my officemates. so my questions:
1- what are my options?
2- what about MBA or MBA Islamic finance
3- what do you think of the CFQ (http://www.cfqualification.com/whatiscf/)
4- Am I right about not taking CFA?
5- Advice me please
Please take into consideration that:
1- I’m a female, hence does not want to be called at midnight to do some work.
2- like the idea of freelance job
yah and what about MSc in corporate finance?
What is a typical IRA annual fee?
November 20th, 2008I’m about to rollover my 401k to an IRA. It’s worth about $19,000.
The investment firm charges an Annual Account Fee of:
“1% of Market Value plus $25/year administrative fee”
In addition, I will be charged:
“investment management fees and expenses by the mutual funds in which the IRA account assets are invested.”
Does that mean I’d be paying $190+$25 per year (and more later as the account grows, obviously), and additional fees for the mutual funds?
That seems very high to me. Is this reasonable, or just a rip-off?
What are typical IRA annual fees?
Who is Mitt Romney? Is he a younger D. Cheney running for President?
November 13th, 2008He was the Governor of the Massachusetts. Support Liberalism
Romney is a former CEO of Bain & Company, a management consulting firm, and the co-founder of Bain Capital, a private equity investment firm. Prior to Bain, he worked for The Boston Consulting Group.
In November, 2004, the Dollarama chain of dollar stores, based in Montreal, Canada and operating stores in the provinces of Eastern Canada were purchased by Bain Capital for $1.05 billion CAD.
In June 2005, Bain teamed up with Haier Group, China’s largest appliance maker, and private equity firm Blackstone Group in an attempt to acquire Maytag for over $1 billion. The bid was dropped a month later.
On August 21, 2006 it was announced that Apax Partners and Bain Capital had joined the enlarged private equity consortium headed by KKR that has agreed to acquire an 80.1% stake in the Semiconductor Division of Royal Philips Electronics. The new company is called NXP Semiconductors.
= A Crook!!!!!
peckofdust7billion
Why didn’t you mention that he supported *** marraige and abortion
Plus, his Chinese connection
Jehan;
because you are a ******.
because he **** the Mormon race (Whites)
You are ****** in the 21th Century
+++Sarcasm*******
Should I leave?
November 12th, 2008I’m in the 4th month (!) of a 6-month internship at an Investment Management firm.
I’d finished my MBA earlier in the year, but this was the best I could get in the finance sector.
Due to recent developments, the firm will not be able to hire me, and are probably going to start laying people off very soon.
As the CEO’s a family friend, and the position was created to give me an entry point into fund management before things got so out of hand, I’m tossed.
I’m being paid to show up and do nothing, and employment in this line looks almost impossible. I feel like I’m wasting my time and the firm’s.
I feel very bad because the family friend’s already getting grilled to start downsizing and cost-cutting, and I’m a dead waste at the moment.
Would you leave?
It’s pretty clear to everyone that you’re wasting time and their money, and that it’ll be nearly impossible to get taken on for roles like these for a very long time.
Inexpensive new business advertising in Charleston, SC?
November 10th, 2008We just opened the Charleston, SC location The Mutual Fund StoreĀ®, an independent investment advisory and asset management services firm. We have a nationally syndicated radio program on every Saturday at 10:00 AM on 94.3 and are looking for low cost ways to effectively get the word out. Any great ideas out there to drive listeners to the program and traffic to the store?









