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Over the last two years, though, the diversified portfolio selected by his financial adviser has no longer yielded the double-digit returns to which Mr. Healy had become accustomed.
The portfolio selected using the model achieves a sharp reduction in the deviations from objectives compared to the portfolio originally selected by the granting authorities.
In the Orb river basin (France), the least-cost portfolio selected suggests mixing demand and supply side measures to adapt to global change.
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Computational results on a set of benchmark instances are given, along with a detailed out-of-sample analysis of the performance of the optimal portfolios selected by the proposed model.
The notorious X Portfolio resulting from this foray is often treated as an anomalous subset within the artist's larger body of work, consisting mostly of classical nudes, flower studies and celebrity portraits (select flowers would come to form a Y Portfolio, select black nudes a Z), usually for the purpose of minimizing the disruption to an otherwise robustly healthy artistic career.
"The portfolio was selected by ACA".
In all of the documents — including a term sheet and a 66-page marketing book — Goldman said the portfolio was "selected by ACA," without reference to Paulson.
But in a marketing document that Goldman submitted to investors, the bank said the portfolio was "selected by ACA," with no mention of Mr. Paulson.
The case against Tourre stems from his role in preparing the documentation and marketing materials for Abacus, which stated that the portfolio was selected by ACA Management LLC, an affiliate of ACA Financial Guaranty Corporation.
Specifically, Goldmans marketing materials for the CDO all represented that its portfolio was selected by ACA Management, a third party with expertise in analyzing credit risk in residential mortgage-backed securities.
We began with a mostly return-first vision for our portfolio, and selected socially responsible managers who could help us meet our return goal.
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