Training for nvestment Management

In the initial period of development of finance as a profession, that is, until the early 1950s, the investment management refers primarily to the acquisition of funds. The theme is mainly confined to financial problems arising during episodes of events, such as acquisition, merger, consolidation and reorganization. Thus the traditional role of investment manager was to mobilize external funds required by businesses. The internal administration of funding has been ignored or treated, either by the promoter entrepreneur himself.

Over time, the role of the investment manager has undergone drastic changes. Currently, the investment manager is responsible for determining the total amount of capital needed for the short term (working capital) and long term (capital). This is done through the provision of finance and planning. Secondly, your profile includes funds that invest in assets and projects, with the aim of generating profits. This should be done so that the yield is higher than the cost so that there is a net positive return for concern.

Now, the investment manager of the management of assets and increase the allocation of capital, as well as assessment of the company. It must also ensure the provision of funds to all parts of the organization, to assess financial performance, negotiating with banks, financial institutions and other providers of credit, and monitor the behavior of prices and stock prices shares.

To fulfill its role and the investment manager has several tools, such as capital spending, leverage, capital budgeting, working capital management techniques and analysis of cash flow / liquidity analysis. Cost of capital in the decision to the appropriate source of funding. Normally sources minimum costs are selected, so that the weighted average cost of capital can be minimized. Capital budgeting in the decision to help right mix of investment, the resources available should be used in more profitable. To this end, the projects should be selected from courses through the use of alternative capital budgeting techniques.