The amount of assets held by the plan, the amount of liabilities of the plan
Identify the amount of assets held by the plan, the amount of liabilities of the plan, and the percent funded of the plan.
Identify the amount and percentage of assets invested in fixed income securities and mortgage-backed securities.
Identify the categories and weights of fixed income securities in the portfolio.
Identify the weights in the fixed income security portfolio according to bond ratings.
Identify the duration of the fixed income portfolio.
Describe the investment strategy for fixed income securities identified by the pension plan.
Describe the benchmark used by the pension fund for the fixed income securities, and how the pension fund has performed against this benchmark.
Suggest one change to the fixed income portfolio to enhance the portfolio’s returns, within the guidelines of the stated fixed income portfolio strategy.
Sample Solution
Acquistions are interior constituent of corporate scheme. We can say so due to the recognition of Mergers and Acquisition. Synergy realisation is the most stated motive in Acquisition (Gaughan 2002).
Acquisitions, help firms to procure a pre-existing perception base of proven value (Empson 2001).
The merger of Arcelor-Mittal is considered to help incorporate the shifting of prices in the steel industry (The Economic Times, 2006). An addtional characteristic of the merger is that it will develop the consolidation in world steel industry and therefore, it would help the producers of steel to retain the performance constancy through higher efficiencies (Anon., 2008)
Teerikangas and Very (2006) condemned the actuality that loose definitions of Mergers and Acquisitions have resulted in an ill-defined focus in M&A studies. Further Nummela (2005) questions that there is an articulate variation amidst the two concepts.
Firms make use of Mergers and acquisitions to increase their success and growth, seize and also expand, access assets which are expensive to follow, also to decrease the competition, yet majority of the mergers and acquisitions fail to meet their objective (Haleblian, Devers, McNamara, Carpenter, & Davison, 2009).
The operation of the firms should be measured not only in terms of financial aspects but also taking into consideration the non-financial aspects. Most of the studies have a sensation that this may be the cause for them to reckon the failure of mergers. The success or failure is conditional on the purpose for which mergers and acquisitions are done. It would be regarded as a failure if it is impossibe to achieve the target that are set(Rosenweig, 2006). Succes