Factors affecting the formation of investment funds portfolios – A field study from the perspective of Saudi financial services companies –: العوامل المؤثرة في تكوين محافظ صناديق الاستثمار – دراسة ميدانية من منظور شركات الخدمات المالية السعودية –

The aim of the research is to identify the impact of the factors affecting the formation of investment funds portfolios: a field study from the perspective of Saudi financial services companies. The researcher adopted the descriptive and analytical approach. For the purpose of data collection, the questionnaire was used. The research community included all workers in the field of forming investment portfolios in companies Saudi financial services, and a random sample representing the community was selected, amounting to (159) employees, and the research reached several results, including that the expected financial return and the risks associated with it have an impact on the formation of the investment fund portfolio with a high rate of 82.27%, and it was found that there is a positive impact of the laws. Legislation on forming a portfolio of investment funds at a high rate of 81%, and it was found that there is a positive impact of economic and investment conditions on forming a portfolio of investment funds at a high rate of 80.36%. The research recommended the need to pay attention to the rate of return on investment and disclose it to encourage subscribers to do so, and job opportunities should be opened to reduce Unemployment rates and inflation influence the composition of the investment fund portfolio.

An Empirical Analysis on the Stable Return of Resident Funds

This paper mainly studies how investors invest in funds to obtain high returns while avoiding risks. Firstly, from the perspective of portfolio investment, this paper introduces the traditional Markowitz mean-variance model and capital asset pricing model (CAPM), then selects four funds from different industries by MATLAB program in Sina Finance and Economics Network for application analysis from which the optimal portfolio point can be obtained under the combination of efficient frontier and capital allocation line. Subsequently, by analyzing the returns of long-term holdings and short-term operations of Noan Growth Hybrid Fund, it is confirmed that long-term holding funds can better cope with the changing market so as to obtain more stable returns. Finally, this paper discusses the dynamic adjustments of asset portfolio. Resident investors are supposed to take into account the market situation and the changes of the fund itself to adjust the holding fund portfolio. Based on the research in this paper, resident investors ought to combine investment funds to diversify risk allocation and make long-term holding plans according to their risk tolerance. At the same time, they should also make appropriate dynamic adjustments when the external environment changes to ensure long-term benefits.

Performance Comparison of Mutual Funds and Sharia Mutual Funds

Purpose: This study aimed to examine the differences in the performance of Islamic mutual funds with mutual funds based on the Sharpe and Jensen method for the 2010-2020 period in the Indonesian Capital Market. Research Methodology: The study uses a quantitative approach to the type of comparative research. The data used is secondary data from OJK. The population used in this study is the capitalization of sharia mutual fund performance data with mutual funds, the period 2010-2020 (monthly data) in the Indonesian Capital Market. Data analysis was carried out using the Sharpe and Jensen method and the Manova test with the help of the SPSS statistical program. Results: The results of this study indicate that there is no significant difference between the performance of Islamic mutual funds and mutual funds with the Sharpe and Jensen method. This shows that the return on the performance of Islamic mutual funds and mutual funds based on the Sharpe and Jensen method received will be relatively the same. Investment performance in Mutual Fund portfolio management is reflected in the net asset value (NAV). Limitations: This research has been attempted and carried out in accordance with scientific procedures. However, it still has limitations; this research is limited to 2010 – 2020 with monthly data. Contribution: This research implies that this research can better contribute to the general public, academics, and investors to understand the performance of capital market investment instruments before they invest.

Applications of Game- Theory in Active Strategic Portfolio Management- the Case of Hedge - Funds Adaptation for the Real Constraints in Romanian Capital Market

The application is focused on strategies for portfolio management in the case of hedge-funds for emerging markets taking into account the severe constraints for a real-world implementation. In the case of Romanian capital market, the design of a hedge-fund architecture should respond to the typical constraints for using alternative strategies. Beyond the liquidity problems there exits only a limited set of alternative instruments and strategies with impact on diversification, on the functionality and efficiency. The objective is to develop a better understanding of alternative actions and innovations for real adaptation of the architecture of a hedge-fund at these emerging market conditions, especially the lack of short and hedging instruments and the liquidity problems. Based on this new innovative framework that could capture the value of multiple rotating satellite sub-portfolio paradigm, as an active strategy, it is possible to build a different paradigm for active portfolio management in a dynamic manner. Based on an adequate dynamic of rotation of these sub-portfolios it results an optimal risk- return-liquidity profile for the whole hedge-fund portfolio, adaptable for different contexts.

DEVELOPMENT OF THE INDUSTRIAL INVESTMENT FUND FOR THE LOCAL GOVERNMENT IN CHINA

The purpose of this study is to examine the development of the industrial investment fund for the local government in China. This study constitutes a quantitative study. Based on a model framework, the existing literature and previous studies on the regulatory mechanism, market exit mechanism, professionals, lack of risk prevention, single fund portfolio are independent variables. The policy is an intermediate variable, and sustainable promotion of industrial investment fund development is a non-independent variable. Findings show that there is a relationship between Industrial investment fund for the local government in Henan, China and Development of the industrial investment fund for the local Government in Henan, China. This study has also revealed that higher the perceived supervision system structure and market exit mechanism of industrial investment fund for the local government in Henan, China, policy Industrial investment fund for the local government in Henan, China becomes higher. Industrial investment fund for the local government in Henan, China providers and industrial investment fund for the local government in Henan, China business developers will have to realize the importance of knowing and understanding policy perception on industrial investment fund for the local government in Henan, China as is vital in inducing policy. <p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/07780/a.php" alt="Hit counter" /></p>

Managing Mutual Fund Portfolio—the Franklin Templeton Credit Risk Fund Debacle

Franklin Templeton started its Indian operations in the year 1996. On 24th April 2020 it made an announcement that it would be winding up Franklin India Credit Risk Fund and five other funds. This case is about the debacle of Franklin India Credit Risk Fund. Liquidity crisis in the debt market due to various events that happened in 2019, exposure towards debt instruments that turned risky (such as Yes Bank and Vodafone), reduction of inflows, redemption pressure, debt market becoming illiquid due to COVID-19 pandemic, were cited as some of the reasons for winding up of Franklin India Credit Risk Fund. The important thing to note is that when other credit risk funds have not taken the decision of winding up, why Franklin India Credit Risk Fund took this call? This case presents an opportunity to the students to analyse the factors that have contributed to the debacle and whether the decision taken is correct?