Thursday, February 20, 2020

Global Industries experience with the then Pension Fund Manager Essay

Global Industries experience with the then Pension Fund Manager - Essay Example According to his analysis the funds represent a small fraction of the U.S.-managed fund industry, but despite this their net assets grew by 262% from 1998 to 2005, compared to a 10.8% increase in U.S. high-yield bond funds. There was significant public attention but academic research did not give much attention to the emerging market bond funds. So did the Pension Fund Manager who also did not pay proper attention to this fund. I would have gone deeper in my research as Pension Fund Manager and would take correct and patient decision before shifting from the fund. I would also for a diversified fund investment rather than concentrating on single fund and suffering. Similarly, if we study carefully the Lazard’s Emerging Market Equity Market Returns annually from 1993 to 2008 we can note of certain emerging markets doing very well. In 1997 Turkey, Hungry and Mexico returned more that 50% from the equity market. In 1998 Korea and Greece returned more than 50%; in 1999 Russia and Turkey returned more than 200% % and Indonesia, India and Korea returned more than 75% from this market. 2000 was a poor market but from 2001 the equity market again started looking up. By 2002 the return was very lucrative: Pakistan returning 150% and Check Republic and Indonesia returning about 40% and above. Minimum five important emerging markets continued yielding sound returns till 2007 The main problem concerns about reading the market trends correctly and selecting the target market with the help of proven experts in the market. Perhaps the Pension Manager could not foresee the correct trends in the market and his decision about investment yielded losses. In 2003 the loss incurred was due to wrong reshuffling of his portfolio to US Treasury Bills for two years and Treasury notes yielding only 1% to 3% return.  

Tuesday, February 4, 2020

Discussions Questions- Managing Diversity Research Paper

Discussions Questions- Managing Diversity - Research Paper Example The evolution of anti-discrimination laws shall be used to elaborate this idea. Factors such as demonstrations, rallies and social uprisings have led the passage of anti-discrimination laws. All those factors require immediate attention from the government. Those acts show the level of concern that the public has given to the issue. For instance, to defend gay rights after the occurrence of Stonewall Uprising in1969, gays executed street rallies and demonstrations for the government to hear their concern (â€Å"Stonewall’). In a way, the alarming rate of incidence of discrimination based on sex, religion, race and national origin in the workplace has also influenced the passage of anti-discrimination laws. For example, the many complaints of racial segregation in schools and racial discrimination in the workplace have made the American congress pass the Civil Rights Act of 1964. With regard to the Equal Pay Act, feminist movements have influenced the government decision to cr eate such law which will prohibit employers from basing the salary rate on sex. Q2- ABC Company has just been notified that the federal government will cut-off funding to the company because it does not have a diverse workforce that is representative of the community where it does business. Its workforce is 75% white men and the other 25% are minorities but only in unskilled positions. The community comprises women, people of color, people with disabilities, and other people who would be considered a minority. The company is given three months to develop a plan to address how it will become diverse, including having minorities in management positions. ABC Company has hired you, a diversity expert, as its consultant to develop the plan. What is your plan for ABC Company? Describe in detail including your rationale for specific actions of the plan. From the facts given, it is obvious that majority of the employees occupying managerial positions in ABC Company are white men while those designated with unskilled positions are minorities. To have a diverse workforce, it would be proper for the company to divide the employee population into 50% men and 50% women. Such division will be representative of both sexes. To include the other minorities in the division, each division will comprise the following: 15% people of color, 15 % men or women, 10% people with disabilities and 10% from the other minorities. This kind of workforce will be the target of the company’s plan. To make this happen, the company must enforce a policy emphasizing non-tolerance of discriminatory hiring and promotion of employees (â€Å"How’). It should also highlight the fact that it would always consider workforce diversity in choosing employees for management and unskilled positions. To instill diversity awareness among the current and future employees of the company, it should organize diversity trainings through seminars and workshops (â€Å"How†). This method is known to promote communication between the diverse groups (â€Å"How†). Moreover, ABC company should expand its hiring potential by joining career expos and job fairs as well as to advertise in local publications (â€Å"How†). Q3- Diversity in the workplace is so wonderful, says Jane who is a graduate student at Cal State University. Paul, another graduate student at Cal State University, rebuts, Diversity in the workplace sucks! What are at least five points that Jane could argue to support her position and what are at