What Is Discretionary Investment Management? Discretionary investment management is a form of investment management in which buy and sell decisions are made by a portfolio manager or investment counselor for the client’s account. The term “discretionary” refers to the fact that investment decisions are made at the portfolio manager’s discretion. This means that the client…
What Is a AAA Credit Rating? AAA is the highest possible rating that may be assigned to an issuer’s bonds by any of the major credit rating agencies. AAA-rated bonds have a high degree of creditworthiness because their issuers are easily able to meet financial commitments and have the lowest risk of default. Rating agencies…
What Is Cost of Revenue? The term cost of revenue refers to the total cost of manufacturing and delivering a product or service to consumers. Cost of revenue information is found in a company’s income statement. It is designed to represent the direct costs associated with the goods and services the company provides. The service…
What Is Corporate Refinancing? Corporate refinancing is the process through which a company reorganizes its financial obligations by replacing or restructuring existing debts. Corporate refinancing is often done to improve a company’s financial position. Through refinancing, a company can receive more favorable interest rates, improve their credit qualityand secure more favorable financing options. It can…
Comprehensive Guide to Investment Management: Strategies, Services, and Industry Insights What Is Investment Management? Investment management refers to the professional handling of various financial assets and investments, aimed at achieving specific objectives for clients. This process involves more than just buying and selling assets; it includes devising strategies for acquiring, managing, and disposing of portfolio…
What Is the Taper Tantrum? The phrase, taper tantrum, describes the 2013 surge in U.S. Treasury yields, resulting from the Federal Reserve‘s (Fed) announcement of future tapering of its policy of quantitative easing. The Fed announced that it would be reducing the pace of its purchases of Treasury bonds, to reduce the amount of money…
What Are Non-GAAP Earnings? Non-GAAP earnings are an alternative accounting method used to measure the earnings of a company. Many companies report non-GAAP earnings in addition to their earnings based on Generally Accepted Accounting Principles (GAAP). These pro forma figures, which exclude “one-time” transactions, can sometimes provide a more accurate measure of a company’s financial…
A money market mutual fund is a type of mutual fund that invests only in highly liquid instruments such as cash, cash equivalent securities, and highly rated, debt-based securities with a short-term maturity, which is less than 13 months. As a result, these funds offer high liquidity with a very low level of risk. A…
Many people believe that negotiations are “all or nothing,” and that there has to be one winner and one loser. Nothing could be further from the truth. While the goal of negotiation is most certainly getting what you want, the fact is that the best deals (the ones that stick) incorporate terms and ideas from both…