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Duckworth Asset Management Inc.

Chuck Grace

商品編號:9B09N021
出版日期:2009/10/30
再版日期:
商品來源:Ivey
商品主題:Finance
商品類型:Case (Field)
涵蓋議題:Risk Management;Market Risk;Investment Policy;Financial Strategy;Investment Analysis
難易度:3 - Undergraduate
內容長度:7 頁
地域:Canada
產業:Security and Commodity Brokers; Dealers
事件年度:2008

In October 2008, the manager of client services at Duckworth Asset Management Inc. (Duckworth), an investment firm headquartered in St. John’s, Newfoundland, was preparing for a briefing with Duckworth’s vice-president of investments. The vice-president had been fielding several phone calls in the past few weeks, all from clients concerned about the significant drop in global financial markets. Since its June 2008 peak, Canada’s S&P/TSX had dropped 33 per cent – one of the fastest market corrections in history. One client in particular – the Canadian Swimming Scholarship Foundation (CSSF) – had asked for a meeting with the vice-president regarding alternative investments. The CSSF had heard from another foundation that market neutral strategies could help them manage the volatility they were experiencing with their current holdings. The vice-president had asked the client-services manager to prepare a recommendation on how to best explain events in the current market, the concept of investment risk and if a market neutral strategy could help reduce total portfolio vulnerability.

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