Investors need to appreciate the limits of diversification, said Ned Notzon, chairman of the asset allocation committee of T. Rowe Price.
These relate to decision making processes, justification for delineated actions, membership of pandemic planning committees, allocation of scarce resources, timelines for planned activities, border control and co-operation with development partners, among others.
In its 163-page August 25 judgment the court ruled that the allocation of coal resources by a committee of the Indian government was "arbitrary and illegal".
They found discrimination in areas including hiring, awards, promotions and inclusion on important committees and in allocation of laboratory space and research money.
The traditional static allocation of wireless spectrum applied by federal committees around the world has been lately questioned due to the nowadays documented spectrum under-utilization [1, 2].
"When you have a real crisis, there tends to be a flight to quality," said Ned Notzon, the chairman of the asset allocation committee at T. Rowe Price.
The moral of this story is that investors who can sleep through the bumps should weight their holdings heavily toward stocks, argues Edmund (Ned) Notzon, chairman of the asset allocation committee for fund vendor T. Rowe Price.
The allocation of prizes was determined by the women's committee of USA Track and Field.
The allocation of teachers, currently operated from Paris by union-controlled committees, would be devolved to the provinces, for a quicker and better response to schools' needs.
