商务英语综合教程学生用书第二册课件彭青龙978 781134 507 0第二册第12课.ppt

Text A Expert Economist Cultural Notes Expressions used in the Text Words to Drill Structural Analysis Questions for Discussion Exercise and Quiz Assignment Text B Cultural Notes Assignment Text B: Cautious of Creating too Much Complexity .John Hull, a famous professor of finance, made a confession that with all the people with PHD in physics and maths who have moved into this area, some of the financial models become too complicated, which is not necessarily what’s needed. University of Toronto: 多伦多大学 Investments Portfolio: 投资组合 Index Funds: 指数基金 Hedging Risk: 对冲基金 Cranfield University: 英国克兰菲尔德工商管理学院 University of Toronto Motto in English: as a tree through the ages Established: march 15, 1827 Type: public university Chancellor: David Peterson President: David Naylor investments portfolio pool of different investments by which an investor bets to make a profit (or income) while aiming to preserve the invested (principal) amount. These investments are chosen generally on the basis of different risk-reward combinations: from ‘;low risk, low yield to ‘high risk, high yield ones; or different types of income streams: steady but fixed, or variable but with a potential for growth. index funds An index fund or index tracker is a collective investment scheme (usually a mutual fund or exchange-traded fund) that aims to replicate the movements of an index of a specific financial market, or a set of rules of ownership that are held constant, regardless of market conditions. hedging risk In finance, a hedge is a position established in one market in an attempt to offset exposure to price fluctuations in some opposite position in another market with the goal of minimizing one’s exposure to unwanted risk. Cranfield’s aim is to transform all its knowledge to practical application. This is mainly achieved through the work of its students and through its work for sponsoring clients. How do you comment on the research achievements of some famous expert economists in the