Task 4. Find nouns in the previous tasks that can be used to make word combinations with the verbs below. Then use some of the word combinations to complete the sentences.
Date: 2015-10-07; view: 427.
Types of investor
Typed words.
Task 2. Read the following passage and pay attention to bold
· Some want regular income from the investments – less concerned with size of their capital.
· Some want to preserve (keep) their capital – avoiding risks. If the goal is capital preservation, the asset manager usually allocates more money to bonds than stocks.
· Others want to accumulate or build up capital – taking more risks. If the goal is growth or capital accumulation, the portfolio will probably include more shares than bonds. Shares have better profit potential than bonds, but are also more volatile – their value can increaser or decrease more in a short period of time.
Task 3. Match the investments goals (1 – 3) with the statements (a – c).
1.capital preservation
2. growth
3. income
a.I want to accumulate wealth, but I know that this means taking risks and buying securities with volatile prices that could go down as well as up.
b.I want a regular return every year, because I need that money, even if this means I might have to risk losing some of my capital.
c.I definitely don't want to risk losing any of my capital, even if this means that some years I get a very low return.
· accumulate _______________________
· allocate ________________________
________________________
________________________
· diversify ________________________
· manage ________________________
________________________
________________________
________________________
1. I don't want to pay a bank to _____________ my _____________; I can do it myself.
2. I have lots of different types of securities, because I decided to _____________ my _____________.
3. As an asset manager, I discuss clients' needs and objectives and then we decide how to ____________ their ____________.
4. If my clients want to ____________ ___________, I take more risks, and buy a lot of stocks.
Task 5. Learn the active vocabulary.
| to ensure | гарантировать | |
| productive capacity | производственная мощность, производительность | |
| to make acquisitions | делать приобретения | |
| assets | активы | |
| to raise finance | получать средства | |
| to retain | сохранять, удерживать | |
| revenues | доходы | |
| to boost | поднимать, стимулировать, увеличивать | |
| income statements | отчет о доходах и расходах | |
| Profits and Loss or P&L | отчет о финансовой деятельности (компании) | |
| cash flow | поток наличности | |
| balance sheet statement | балансовый отчет | |
| allocation of working capital | распределение оборотного капитала | |
| to fine-tune | точно настраивать | |
| expansion | расширение | |
| ratio analyse | анализ относительных показателей | |
| gearing ratio | соотношение собственных и заемных средств | |
| profit per employee | прибыль в расчете на одного работника | |
| weighted cost of capital | взвешенная стоимость капитала | |
| asset valuations | оценка активов | |
| valuation framework | структура оценивания | |
| portfolio | портфель ценных бумаг | |
| intangible assets | нематериальные активы |
Reading / comprehension activities
| <== previous lecture | | | next lecture ==> |
| Unit 2: Financial management | | | Task 6. Read, translate the following text and try to retell it. |