In this article we will discuss about:- 1. Meaning and Operations of Custodian 2. Duties and Responsibilities of Custodians 3. Stock Holding Corporation of India Ltd. (SHCIL). Meaning and Operations of Custodian: A custodian is a person who keeps custody of the securities on behalf of somebody else. The dictionary meaning of 'custody' is 'duty of caring for, guarding'. It [...]
In this article we will discuss about the Markowitz mean-variance analysis and its importance in portfolio management. Mean-Variance Theory: Concept of Mean Variance: Harry Markowitz is regarded as the father of modern portfolio theory. According to him, investors are mainly concerned with two properties of an asset: risk and return, but by diversification of portfolio it is possible to tradeoff [...]
In this article we will discuss about the procedure for valuation of rights issue of shares with the help of numerical problems. In order to make a rights issue the company, when making the offer, must detail the reasons for the issue, the terms of the offer, the capital structure of the company at the time of issue, the future [...]