Fall 2003
Hint: In general, don’t
waste space describing the facts nor the obvious but
directly discuss the issue.
Issues to address:
·
The firm lost great amounts
of capital (and fees) between 1997 and 2000. Should the management style
continue to invest based on its opinions of valuation.
·
Evaluate the overall
investment philosophy of GMVO. How does their perception of price bubbles
influence their strategy.
·
Do you think they should
modify their strategy? Explain either way.
(hint we all know their current philosophy so
don’t waste time telling us that).
·
The quantitative model
·
Some argue that the model
eliminates perfectly good stocks? Should the model be used?
·
Should it be modified or
kept as is? Why? If modified give ideas.
·
What are some complications
to international implementation.
·
Evaluate the concept and
long-term viabilities of the ‘where-to-hide’ portfolios?
·
What are some potential
complications with this strategy.
·
Do you agree or disagree
with GMVO’s global allocation process? Any
suggestions?
·
Evaluate any other aspect of
GMVO that you find important.
·
Summarize your strategy
changes for GMVO.