What are their firms emphases-for example value investing international diversification principal preservation retirement and estate planning?
1. Use the Internet to find the home pages for some financial-planning firms. What strategies do they emphasize? What do they say about their asset allocation strategy? What are their firms emphases-for example, value investing, international diversification, principal preservation, retirement and estate planning?2. Johnson Capital has been experiencing increasing demand from its institutional clients for information and assistance related to international investment management. Recognizing that this is an area of growing importance, the firm has hired an experienced analyst/portfolio manager specializing in international equities and market strategy. His first assignment is to represent Johnson Capital before a client companys investment committee to discuss the possibility of changing their present ”U.S. Securities only” investment approach to one including international investments. He is told that the committee wants a presentation that fully and objectively examines the basic substantive considerations on which the committee should focus its attention, including both theory and evidence. The companys pension plan has no legal or other barriers to adoption of an international approach..Identify and discuss THREE (3) reasons for adding international securities to the pension portfolio and THREE (3) problems associated with such an approach.3. Last night after finishing your assignment for “A Random Walk Down Wall Street”, you decide to grab a snack at the local market. As you are paying the clerk at the register, you see a display that the Jack Pot for Powerball is $348 million – so you decide to buy a ticket.Today, you checked your ticket and you hit every number except the Powerball number.Your winnings are $1,000,000!!! After 40% of withholding taxes, your take home winnings are $600,000.Everyones personal situation is different. We are all at different stages of our life, with different personal goals, different risk tolerances, different time horizons and even perhaps family responsibilities. What would you do with your winnings? How would you invest this money? Create a personal diversified investment strategy with the money your plan to save. Formulate and justify an investment policy statement, setting forth guidelines within which future investment actions should take place.