As Phyllis sees things, she has no immediate need of the money, and it was an unexpected windfall. In terms of updates she has just asked that she get a report back at the end of this year just to let her know how much she has made. As she does not have any particular financial goal she just asks her goddaughter to be careful On the advice of her goddaughter, Phylis opens_ an online trading account with Interactive_Brokers, and transfers the 250,000 into the brokerage account, The broker operates a multi-currency platform. with very competitive FX rates, and gives direct access to most asset classes and the major international markets. It also permits margin loans, and short selling Phyllis is very pleased with her decisions and looks forward to her next update. She will be unavailable for further discussion as she and her friends are busy packing fora seniors' cruise from Cobh to the Med. Ignoring Phyllis' age and circumstances outline the maior asset classes any investor might consider when making an asset allocation decision. How important is allocation across different asset classes in driving the expected (10 marks) b) How does the 'high-water mark' work in terms of performance fees, and is the (10 marks) c) What are some of the traditional performance evaluation tools you would returns for the portfolio 2 and 20' structure typical and fair? recommend to Phyllis to evaluate her goddaughter's performance as fund (10 marks) d) What are some of the personal considerations, regarding Phyllis that the (10 marks) e) How in particular might the recent Euro and Irish crises impact the decisions (10 marks) manager. Discuss the merits of each. goddaughter should consider before making any trading decisions? and allocations? As Phyllis sees things, she has no immediate need of the money, and it was an unexpected windfall. In terms of updates she has just asked that she get a report back at the end of this year just to let her know how much she has made. As she does not have any particular financial goal she just asks her goddaughter to be careful On the advice of her goddaughter, Phylis opens_ an online trading account with Interactive_Brokers, and transfers the 250,000 into the brokerage account, The broker operates a multi-currency platform. with very competitive FX rates, and gives direct access to most asset classes and the major international markets. It also permits margin loans, and short selling Phyllis is very pleased with her decisions and looks forward to her next update. She will be unavailable for further discussion as she and her friends are busy packing fora seniors' cruise from Cobh to the Med. Ignoring Phyllis' age and circumstances outline the maior asset classes any investor might consider when making an asset allocation decision. How important is allocation across different asset classes in driving the expected (10 marks) b) How does the 'high-water mark' work in terms of performance fees, and is the (10 marks) c) What are some of the traditional performance evaluation tools you would returns for the portfolio 2 and 20' structure typical and fair? recommend to Phyllis to evaluate her goddaughter's performance as fund (10 marks) d) What are some of the personal considerations, regarding Phyllis that the (10 marks) e) How in particular might the recent Euro and Irish crises impact the decisions (10 marks) manager. Discuss the merits of each. goddaughter should consider before making any trading decisions? and allocations
