Download or read book Timberland Investments written by F. Christian Zinkhan and published by Timber Press (OR). This book was released on 1992 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Common stock. Corporate bonds. Stock mutual funds. Call and put options. Commercial and residential real estate. Municipal bonds. These and others are the alternatives many individual and institutional investors consider when constructing their investment portfolios. This is the first book to investigate how another investment alternative--timberland--can fit into the portfolios of individuals and such institutions as pension funds. Timberland supplies the basic raw material for a critical global industry--forest products. Timber can be managed economically as a renewable crop on hundreds of millions of acres in the United States. Given the forces supporting conservation of forests in their natural state on many public and some private lands in the Unites States and other nations, there is increasing pressure on the remaining privately owned forests to supply the needed timber output. This represents an opportunity for patient, long-term investors. Using insights and graphic examples supplied by experienced institutional investors, professional foresters, forestry and financial researchers, and others, the authors address such questions as the following: How do timberland's investment characteristics compare to those associated with other portfolio alternatives? In addition to direct investments in forests, in what other ways can investors participate in the timberland market? Can the addition of timberland to some investors' diversified portfolios improve overall performance? What personal financial planning goals can be served by timberland? What acquisition, forest management, and sale strategies can be adopted by individual and institutional investors so that objectives are better achieved? In the course of addressing such questions, the authors attempt to bridge the communications gap between the investment and forestry communities. The authors provide valuable perspectives not only for individual and institutional investors, but also for personal financial advisors; forestry practitioners, policymakers and researchers; and students of forestry, real estate, and investments.

Download or read book International Timberland Investments written by William R. Turner and published by . This book was released on 2001 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Timberland Investments written by F. Christian Zinkhan and published by Timber Press (OR). This book was released on 1992 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Common stock. Corporate bonds. Stock mutual funds. Call and put options. Commercial and residential real estate. Municipal bonds. These and others are the alternatives many individual and institutional investors consider when constructing their investment portfolios. This is the first book to investigate how another investment alternative--timberland--can fit into the portfolios of individuals and such institutions as pension funds. Timberland supplies the basic raw material for a critical global industry--forest products. Timber can be managed economically as a renewable crop on hundreds of millions of acres in the United States. Given the forces supporting conservation of forests in their natural state on many public and some private lands in the Unites States and other nations, there is increasing pressure on the remaining privately owned forests to supply the needed timber output. This represents an opportunity for patient, long-term investors. Using insights and graphic examples supplied by experienced institutional investors, professional foresters, forestry and financial researchers, and others, the authors address such questions as the following: How do timberland's investment characteristics compare to those associated with other portfolio alternatives? In addition to direct investments in forests, in what other ways can investors participate in the timberland market? Can the addition of timberland to some investors' diversified portfolios improve overall performance? What personal financial planning goals can be served by timberland? What acquisition, forest management, and sale strategies can be adopted by individual and institutional investors so that objectives are better achieved? In the course of addressing such questions, the authors attempt to bridge the communications gap between the investment and forestry communities. The authors provide valuable perspectives not only for individual and institutional investors, but also for personal financial advisors; forestry practitioners, policymakers and researchers; and students of forestry, real estate, and investments.

Download or read book Risk Analysis and Timber Investments written by Carol A. Hyldahl and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book From Backwoods to Boardrooms written by Daowei Zhang and published by . This book was released on 2021-09-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past 100-plus years, forestland ownerships have gone through two structural changes in the US and other parts of the world: the accumulation of industrial timberlands between 1900s and 1980s and the transformation of industrial timberlands to institutional ownerships afterwards. This book is about the history and economics of these two structural changes with the emphasis on the latter. The scale of both changes is unprecedented and truly revolutionary, impacting tens of millions of acres of private landholdings and billions of dollars of investment and affecting industrial structure, forest management and policy, research and development, community welfare, and forest sustainability. Looking though a historical count of key events, players, prevailing management philosophies, public policy, and institutional factors, the author of this book searches for an economic explanation and assesses the impact of these two changes. Its main contributions are three folds. First, it explains why industrial firms were able to profit from owning large areas of forest lands in the first place and how institutional investors could purchase these lands later. Many details of the history that could have otherwise been lost are revealed in this book for the first time. Second, it compares private and public equity timberland investments with respect to risk-adjusted returns as well as such other dimensions of interest to investors and forest managers including alignment of interests, capacity to exploit market inefficiencies, and their forest management and conservation records. Finally, it provides thoughtful commentary into the future of institutional timberland investments and global forest sustainability. This book is required reading for anyone interested in understanding the workings of the modern forest sector in the U.S. and elsewhere, forest investment, and forest sustainability.

Download or read book Forestland Investment written by Bin Mei and published by Taylor & Francis. This book was released on 2023-07-20 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forestland investment has surged in the past few decades as a result of land ownership change in the forestry industry. Timberland investment and management organizations and real estate investment trusts have bought up land and resources that were divested by vertically integrated forest products companies. This book provides a seminal coverage of this seismic shift in the industry, exploring the philosophy, driving factors, valuation, theory, research, implementation, practice, and effects of forestland investment. Across 15 chapters the book reviews the history of forestland investment; discusses the optimal forest rotation; explains timberland appraisal; examines the return drivers of forestland; analyzes timberland index construction methods and results; prices timberland assets; reviews financial and real options; investigates real option values in forestland management; evaluates timber harvest contracts; examines new opportunities in the emerging woody bioenergy market; and eventually offers prospects on forestland investment in the future. It also discusses how forest carbon can be used as a nature-based climate solution. This book is essential reading for forestry business students and scholars, as well as practitioners and policymakers in the industry.

Download or read book Assessing Timberland Investment Opportunities written by and published by Forest Products Society. This book was released on 1986 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Alternative Investments written by CAIA Association and published by John Wiley & Sons. This book was released on 2016-09-22 with total page 1107 pages. Available in PDF, EPUB and Kindle. Book excerpt: In-depth Level II exam preparation direct from the CAIA Association CAIA Level II is the official study guide for the Chartered Alternative Investment Analyst professional examination, and an authoritative guide to working in the alternative investment sphere. Written by the makers of the exam, this book provides in-depth guidance through the entire exam agenda; the Level II strategies are the same as Level I, but this time you'll review them through the lens of risk management and portfolio optimisation. Topics include asset allocation and portfolio oversight, style analysis, risk management, alternative asset securitisation, secondary market creation, performance and style attribution and indexing and benchmarking, with clear organisation and a logical progression that allows you to customise your preparation focus. This new third edition has been updated to align with the latest exam, and to reflect the current practices in the field. The CAIA designation was developed to provide a standardized knowledge base in the midst of explosive capital inflow into alternative investments. This book provides a single-source repository of that essential information, tailored to those preparing for the Level II exam. Measure, monitor and manage funds from a risk management perspective Delve into advanced portfolio structures and optimisation strategies Master the nuances of private equity, real assets, commodities and hedge funds Gain expert insight into preparing thoroughly for the CAIA Level II exam The CAIA Charter programme is rigorous and comprehensive, and the designation is globally recognised as the highest standard in alternative investment education. Candidates seeking thorough preparation and detailed explanations of all aspects of alternative investment need look no further than CAIA Level II.

Download or read book General Technical Report NC written by and published by . This book was released on 1981 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Alternative Investments written by CFA Institute and published by John Wiley & Sons. This book was released on 2021-11-24 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complete guide to alternative investments, from experts working with CFA Institute Alternative Investments is the definitive guide to understanding non-traditional asset classes. Alternatives are a disparate group of investments that are distinguished from long-only, publicly traded investments in stocks, bonds, and cash (often referred to as traditional investments). Alternative investments include real estate, commodities, infrastructure, and other non-traditional investments such as private equity or debt and hedge funds. They are attractive to investors because of the potential for portfolio diversification resulting in a higher risk-adjusted return for the portfolio. Alternative Investments and its accompanying workbook (sold separately) lead students and investment professionals through the many characteristics of non-traditional assets, including: Narrow specialization of the investment managers Relatively low correlation of returns with those of traditional investments Less regulation and less transparency than traditional investments Limited historical risk and return data Unique legal and tax considerations Higher fees, often including performance or incentive fees Concentrated portfolios Restrictions on redemptions (i.e. “lockups” and “gates”) CFA Institute is the world's premier association for investment professionals, and the governing body for the CFA® Program, CIPM® Program, CFA Institute ESG Investing Certificate, and Investment Foundations® Program. Those seeking a deeper understanding of the markets, mechanisms, and use of alternatives will value the level of expertise CFA Institute brings to the discussion, providing a clear, comprehensive resource for students and professionals alike. Whether used alone or in conjunction with the companion workbook, Alternative Investments offers a complete course in alternative investments and their role in investment management.

Download or read book Modern Real Estate Portfolio Management written by Susan Hudson-Wilson and published by John Wiley & Sons. This book was released on 2000-06-15 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents include real estate investment strategy, public and private equity, public and private debt, allocation across the real estate asset class, and more.

Download or read book Post Faustmann Forest Resource Economics written by Shashi Kant and published by Springer Science & Business Media. This book was released on 2013-02-11 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of capital theory which. However, the followers of the FF approach have trapped themselves into the past, and have not shown any indication of economic acumen of the great Faustmann. This has resulted in a common problem in the current paradigm of forest economics, known as Faustmann Forest Resource Economics (FFRE), to prescribe the application of a single (FF) approach to all situations irrespective of the specific features of the situation. The current state of forest economics is similar to that of neoclassical economics, and is full of inefficiencies. In neoclassical economics, inefficiencies are due to its “locked-in” position in rational economic man, while in forest economics inefficiencies are due to its “locked-in” position in the FF. The focus of this volume is on the new paradigm of forest economics termed as Post-Faustmann Forest Resource Economics (PFFRE). The first chapter lays the foundation of the PFFRE, and presents the key distinctions between the FFRE and the PFFRE. The volume includes twelve other chapters that address issues related to forest economics from perspectives different than the FFRE. Chapter 2 to 6 are focused on issues related to human behavior that is different than the rational economic man, Chapter 7 and 8 on public choice theory, Chapter 9 and 10 on systems approaches, and Chapter 11 to 13 on incremental approaches to incorporate new features in the FFRE.

Download or read book Federal Timber Contract Extensions written by United States. Congress. House. Committee on Agriculture. Subcommittee on Forests, Family Farms, and Energy and published by . This book was released on 1984 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Forest Resource Economics And Policy Research written by Paul V. Ellefson and published by Routledge. This book was released on 2019-04-12 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the status of discipline-wide activity in forest economics and policy research, especially investment levels, past and current program emphasis, program planning, and organizational involvement. It defines strategic directions for forest economics and policy research.

Download or read book Investment Beliefs written by K. Koedijk and published by Springer. This book was released on 2010-12-08 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Having the right investment beliefs and putting them into practice is key to delivering the right results. Decision makers in the investment industry should worry less about the stocks and products they pick for their clients and more about getting the big picture right; developing investment beliefs are instrumental in making the right choices.

Download or read book Federal Register written by and published by . This book was released on 1995-12-06 with total page 1140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Alternative Alternatives written by Sona Blessing and published by John Wiley & Sons. This book was released on 2011-10-14 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the financial crisis, investors are searching for new opportunities and products to safeguard their investments for the future. Riding high on the wave of new financial opportunities are Alternative Alternatives (AA). However, there is a dearth of information on what Alternative Alternatives are, how they work, and how they can be profited from. The book defines what Alternative Alternatives are, based on research and the following hypothesis: If the source (origin) of the risk lies outside of the financial markets, then it should be insulated from the vagaries of those markets. The book identifies and examines such and other unique, idiosyncratic, and difficult to replicate sources of risk - assets and strategies. The recent credit and sovereign debt crisis have served to defend the hypothesis and have upheld the conclusion that alternative alternative assets and strategies offer a risk-return profile that is distinct to those offered by traditional and main stream hedge fund strategies. These strategies include timberland investing, insurance risk transfer, asset/loan based lending (aviation, shipping, trade, entertainment, litigation financing etc), collectables and extraction strategies such as volatility and behaviour finance. This book will be a one stop resource to the new investment class known globally as Alternative Alternatives (AA) and will provide a comprehensive but accessible introduction to these assets. It provides an in-depth analysis of the assets and strategies which will leave investors with everything they need to identify and allocate to the best AA for them. It reviews the asset on a standalone basis, providing an explanation of the product, its characteristics, a SWOT analysis, and details its risk/reward drivers. The book also looks at how to integrate the asset within a portfolio - its peculiarities, the challenges and the constraints of each. Next, the book shows how Alternative Alternatives are used in the real world, how they are implemented, and the results that they have achieved. Finally, the book looks at the scope, scalability and prospects for each asset in the future.