Friday, August 23, 2019
To advise on a suitable investment portfolio and investment management Essay
To advise on a suitable investment portfolio and investment management strategy - Essay Example uilding, specifically of a denomination with an Episcopal hierarchy (such as the Roman Catholic Church or the Anglican churches), which serves as the central church of a bishopric. As cathedrals are often particularly impressive edifices, the term is sometimes also used loosely as a designation for any large important church. (en.wikipedia.org/wiki/Cathedral) For decades, the Wyechester Cathedral has been playing an important role in our society. Like every organization, it also needs funds to operate in an effective and efficient manner. Primarily, churches are the responsibly of our government to bear their expenses. But, generally, they receive donations from individuals and organizations to run their business. For the betterment of people and our society, the Wyechester Cathedral has been involved in several activities; it ties to focus on all the important aspects of our society such as environment, people, services, art and heritage. The Wyechester Cathedral raised an appeal for funding and received a significant amount of à £7 million in a short period. As soon as it received the funds, the cathedral has invested in a few very important projects that need to be started as soon as possible. The amount of the investment was à £3 million. Now, the cathedral only has à £4.5 million that need to be invested in a proper manner so that it can run their operations and bear the expenses, including the bishopââ¬â¢s palace expense, throughout the year. The church has also bought a building at an ideal location for its priceless collection of ancient books and manuscripts. The cost of the deal was à £1.8 million ââ¬â a pretty low cost as compared to the current market value. In order to run its operation, the cathedral should have a solid investment portfolio to survive on its own. ââ¬Å"A portfolio is merely a combination of resources. Portfolio theory illustrates how an investor can attain his best possible portfolio position. Portfolio theory is depends upon the statement
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