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Portfolio investment |
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Portfolio investmentThe acquisition of portfolio capital. Usually refers to such transactions across national borders and/or across currencies.Similar MatchesIndependent investmentsIndependent investmentsInvestments available to a firm that may be selected individually or in groups because each investment is different in its nature and purpose. Investment gradeInvestment gradeA credit rating given to a government or coporate bond which indicates that the agency giving the rating (Standard & Poor's, Moody's or Fitch) thinks the issuer has strong creditworthiness.The grades used by two of the leading agencies are as follows:Moody's Aaa / S&P AAAThe highest-quality, lowest-risk bondsMoody's Aa / S&P AAHigh-quality debt obligations with minimal repayment riskMoody's A / S&P AQuality bonds with a strong capacity to pay interest and principal which are somewhat susceptible to adverse economic conditionsMoody's Baa / S&P BBBQuality bonds with a adequate capacity to pay interest and principal which are more vulnerable to adverse economic conditions bondsMoody's Ba / S&P BBMedium-grade bonds with few desirable characteristicsMoody's B / S&P BSpeculative bonds with a major degree of risk in adverse economic conditionsMoody's Caa / S&P CCCIssuers in poor standingMoody's Ca / S&P CCIssuers may be in defaultMoody's C / S&P CIncome bonds on which no interest is being paidS&P DBonds in default All those at Baa/BBB or above are adjudged 'investment grade'. Reinvestment effectReinvestment effectThe impact of a change in interest rates on the reinvestment rate. Investment Management Regulatory OrganisationInvestment Management Regulatory OrganisationA Self Regulating Organisation (SRO) with responsibility for monitoring the manner in which UK investment firms manage their funds, that is their client's investments. It supervises the way firms treat their clients and provide investment services. Companies include those which manage funds, unit trusts, ISAs and pension funds. IMRO is currently one of the three SROs (the other two being the Personal Investment Authority [PIA] and the Securities and Futures Authority [SFA] ) which report to the Financial Services Authority (FSA). All regulatory functions of IMRO have been taken over by the Financial Services Authority as of December 2001. Unit investment trustUnit investment trustMoney invested in a portfolio whose composition is fixed for the life of the fund. Shares in a unit trust are called redeemable trust certificates, and they are sold at a premium to net asset value. Further SuggestionsInvestment bankInvestment opportunity set split capital investment trust Unamortized premiums on investments Investment history Reinvestment Zero investment portfolio investment bond Undertakings for Collective Investment in Tradable Securities Bank Investment Contract (BIC) Normal investment practice local authority investment Monthly investment plan Investment Company Institute (ICI) Regulated investment company Unit Share Investment Trust (USIT) Systematic investment plan Future investment opportunities Alternative investments Mutually exclusive investment decisions Legal investments Investment Advisers Act Registered investment company Reinvestment risk open ended investment company |
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