In fact, the academics find that the aggregate portfolio of the mutual fund industry is almost identical to the overall market.But perhaps there are smart professionals and foolish ones.
The V.C. estimated that because Andreessen's firm had taken so many growth positions, its average ownership stake was roughly 7.5percentnt (it's eight per cent), which meant that to get 5x to 10x across its four funds "you would need your aggregate portfolio to be worth $240-$240-$480Bu would, in other words, need to invest in every Facebook and Uber that came along.
We also compare three versus six independent generation companies who own the same aggregate portfolio assets.
We therefore commit to second-period investments at the start of the first period and then evaluate the aggregate portfolio return at the end of two periods.
There was a time at AOL when the strengths of our aggregate portfolio of products more than compensated for the weakness of an underperforming product.
We also show that the Gauss Markov predictors for the reserve of a particular accident year and for the total reserve are obtained by summation over the Gauss Markov predictors for the corresponding non-observable incremental claims, and that this is also true for the Gauss Markov predictors for the corresponding quantities of the aggregate portfolio.
In the past decade, the aggregate portfolios of all DFIs grew four-fold, from $10 billion to over $40 billion - and that growth is accelerating.
But I would refer you specifically to GM's implementation with its dealer networks, Dell's use in its supply chain to reduce factory inventories as much as 80%, Merrill Lynch's use in aggregating information for portfolio analysis and, finally, Citibank's use to expose its payment processing engine to third parties.
Both issues can potentially be addressed by aggregating projects into diversified portfolios – an approach commonly used by investors in several contexts, but little investigated in the context of rural electrification.
However, when taken in the aggregate, this portfolio of 17 studies provides a robust body of evidence that supports the tenet that investing in communities achieves results that contribute to ameliorating the effects of and potentially halting the HIV epidemic.
