Finance

The asset management industry in the United States developed properly in the 20th century although attempts to manage assets started as early as the 18th century when the US treasury department was established. Many asset management companies proliferated after the first and Second World War which was precipitated by significant fiscal changes especially the establishment of the fiscal operation bureaus in 1919 (US Treasury 1). The primary assets that were initially managed by these companies comprised...

Predicting short term stock market performance is extremely hard and has been called a futile exercise by many in financial academia and professional circles (BPP, 2008). This is because, due to the inefficiency of stock markets with regard to information asymmetry,  many of the fundamental factors effecting stock market performance do not fully reflect themselves in stock prices in the extreme or near short term. However, despite the above, a general guide (as opposed to quantified prediction)...

The bank is now on the verge of an exciting and promising opportunity in the Asian region. The only problem concerning investing in their stock is that it is overvalued. The price-to-earnings ratio of around 307 would mean very little returns to the unfortunate investor. There are actually strong fundamentals for this business, but it is nevertheless disadvantageous, if the returns you get are several times lower than the average desirable investment. The stock price of the bank seems likely to...

Britains refusal to adopt the Euro as its currency is not entirely unfounded. It is true that the pound is on the brink of sinking below with the euro. However, this is temporary. It is estimated that the pound will recover in five months. This increase is estimated to be significant, as the British economy is set to improve in a years time. The predicted recovery is both long-term and stable. The common problems with the proposed adoption are as follows 1) disparity of foreign equity, 2) differential...

In banking industry, the key to attract people to put their money in savings is the attractive products, the establishment of branches in an area, joint marketing with other industries and many others. One strategy that retail bank carry out is to establish the shariah unit to target not only Moslem people worldwide but also others. Concerning the banking industry, this paper will discuss about the main concepts of Islamic finance laws (Shariah) and its comparison to the conventional banking practice....