Thursday, 17 February 2011

University of Strathclyde and Associates: Publications

University of Strathclyde and Associates: Publications: Scottish Chambers' Business Survey
The quarterly survey, produced in conjunction with the Scottish Chambers of Commerce, provides aggregated information by area and by sector on the general business and labour market situation of some 3,000 Scottish firms. The survey currently covers Scottish manufacturing, construction, wholesale, retail and tourism. A further report based on a quarterly survey of the Scottish oil and gas related sector, and conducted in collaboration with the Institute, is published by Aberdeen and Grampian Chamber of Commerce.

University of Strathclyde and Associates: Publications: Customised Research
The Institute has completed a wide range of customised reports for public and private sector organisations within Scotland and beyond. Using a range of economic analysis tools these reports have ranged from reports on the impact of the Foot and Mouth outbreak on Scotland's economy, an impact study of Jersey's economy upon its environment and the impact of the arts and cultural sector in Scotland.

In addition, Institute staff have acted as advisers to both Westminster and Holyrood committees, public bodies and foreign governments.

University of Strathclyde and Associates: Publications: Raising the Return
The Institute, jointly with the Scottish Council Foundation, has released 'Raising the Return: Scotland's Public Assets'. The report, by economic consultant and Institute Associate Jo Armstrong consists of four short papers and examines the evidence on how effective Scotland's public sector has been in deploying the record-levels of funding it has received. A full press release is available from the media section of the website. Copies of the report, priced fifteen pounds, can be obtained from the Scottish Council Foundation.

University of Strathclyde and Associates: Publications: Major new addition to thinking on Scotland's future
New Wealth for Old Nations provides a guide to policy priorities in small or regional economies. It will be of interest to policymakers, students, and scholars seeking avenues to improved growth, greater opportunity, and better governance. Some of the world's leading economists combine their research insights with a discussion of the practicalities of implementing structural reforms. Scotland is the ideal case study: the recent devolution of government in the United Kingdom offers a natural experiment in political economy, one whose lessons apply to almost any small, advanced economy.

One fundamental conclusion is that policy can make a big difference to long-term prosperity in small economies open to flows of knowledge, investment, and migrants. Indeed the difficulty in introducing growth-oriented policies lies more in the politics of implementing change than in the theoretical diagnosis. Public sector governance is consequently a key issue in creating a pro-growth consensus. And faster growth must be seen to improve opportunities for the population as a whole. Further, setting out the evidence - as this book does for Scotland - is vital to overcoming entrenched institutional barriers to policy reform. The first chapter is by Jo Armstrong, John McLaren, and the editors; and the subsequent chapters are by Paul Krugman, William Baumol, Edward Glaeser, Paul Hallwood and Ronald MacDonald, James Heckman and Dimitriy Masterov, Heather Joshi and Robert Wright, Nicholas Crafts, and John Bradley.

Diane Coyle is a consultant and member of the United Kingdom's Competition Commission and a Visiting Professor at the University of Manchester's Institute of Political and Economic Governance. Wendy Alexander is a Member of the Scottish Parliament and former Scottish Minister for Enterprise, Transport, and Lifelong Learning. Brian Ashcroft is Professor of Economics and Policy Director of the Fraser of Allander Institute for Research on the Scottish Economy at the University of Strathclyde.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Strathclyde University SCER Associates Part 2

Professor Ewart Keep. ESRC Centre on Skills, Knowledge and Organisational Performance (SKOPE). Professor Ewart Keep’s research interests include the links between skills and economic performance (broadly defined), the education and training policy formation process, employers’ perceptions of training and the factors that influence their willingness to invest in skills, 14-19 vocational education and training, higher education policy and the graduate labour market, lifelong learning, and the linkages between skills and people management issues.

Dr Scott Hurrell. University of Stirling. Scott Hurrell has recently been appointed to a lectureship in Work and Employment Studies in the Institute of Socio- Management at the University of Stirling, having previously worked in SCER and latterly at Aston University. One of Scott's main research interests is in the area of skills and work organisation with his PhD thesis examining soft skills deficits in Scotland, why these occurred and how employers responded to these. Scott also has interests in recruitment and selection, job quality and in organisations in the interactive service, public and non-profit sectors. Scott has worked with policy and public sector bodies including Futureskills Scotland, The Scottish Government, The Scottish Council for Voluntary Organisations and the Equal Opportunities Commission (Scotland).

Dr Henrietta Huzzell. University of Karlstad. Professor Jeff Hyman. University of Aberdeen. Professor Jeff Hyman has a long-standing research interest in the ways in which employees participate in decisions made at work and the effects of their involvement in terms of employee satisfaction, relations with managers and performance. Employee share schemes have provided a focus for this interest. In the past few years, he has also been involved in research exploring new directions in work, exploring concepts and practice of work-life balance in sectors such as finance, software and in call centres with a particular emphasis on developments in Scotland where these sectors have become dominant areas for employment and for the local economy.

Professor Csaba Mako. Hungarian Academy of Sciences . Csaba Makó is specialized in organizational changes (innovations), learning organisation and in their institutional (eg labour relations) contexts in an international perspective. He received Academic Doctors’ Title in Sociology (1983). Presently, he has a position as a Research Director at the Institute of Sociology – Hungarian Academy of Sciences and involved in numerous national and international projects. Some of the recent international projects:
Beside research responsibilities, Csaba Makó has full time professorship at the Debrecen University – Department of Economics and is a head of the Ph.D. School in Economics (since: 2004).

Dr Steve Paton. University of Strathclyde. Steve’s research addresses the nature of contemporary work focusing on the areas of knowledge in work and the management of the knowledge resources of the firm. Current activity is primarily focused on the generation of operational strategies of organizations and their attempts to create competitive advantage by increasing their activity in the areas of creative work and innovation and expanding their service provision and therefore moving up the value chain. Steve has published in the areas of change management and the management of knowledge work.

Dr Diane van de Broek. University of Sydney. Diane van den Broek's research and publishing interests relate to management and labour process issues within the service economy, most recently this has involved the changing relationships around technology, professionalism and deskilling within call centres. She has also been involved in an international study, in collaboration with researchers in Scotland and Sweden researchers on aesthetic labour in the retail industry. Two other projects Diane is working on include the matching of graduate attributes with employability, and variations around occupational identity.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Strathclyde University SCER Associates Part 1

Professor Tom Baum. University of Strathclyde. Tom Baum's research focuses on people and work in low skills service industries, notably the hospitality and tourism sectors. His work considers HR themes both from a macro perspective in terms of planning and structural dimensions and in terms of the inter-face between employyes and customers at the level of the individual enterprise. Tom's work is internationally focused and includes research in a range of European, Asian, African and Pacific region contexts. He has published widely in the field with seven books and over 150 academic papers. He has also consulted with governments, international donor agencies and the private sector and appeared as an expert witness in international arbitration courts.

Professor Sharon Bolton: University of Strathclyde. Sharon C Bolton is Professor of Organisational Analysis at Strathclyde University Business School, Glasgow, UK. Her research interests include emotion in organisations, public sector management, nursing and teaching, gender and the professions, dignity in and at work, the human in human resource management. She is currently working on comparative research on dignity at work in Europe, with a focus on Greece and the UK and also gender, education and knowledge transfer across international boundaries. Sharon continues to be interested in developing more nuanced understandings of emotion at work, and the labour and skill involved in the emotional labour process. Research is published widely in leading international sociology and management journals such as Work, Employment and Society; Sociology; Journal of Management Studies; Gender, Work and Organisation, Sociologia Del Trabajo, Economia & Management and practitioner periodicals such as People Management and Personnel Today. A sole authored book ‘Emotion Management in the Workplace’ was published by Palgrave in 2005 followed by two edited collections in 2007: ‘Searching for the Human in Human Resource Management’ (with Maeve Houlihan) (Palgrave) and ‘Dimensions of Dignity at Work’ (Elsevier) and a new edited collection ‘Work Matters’ (with Maeve Houlihan) published by Palgrave in April 2009.

Dr John Buchanan. University of Sydney.
Dr Asaf Darr. University of Haifa. Asaf Darr studied Organizational Behaviour at the School of Industrial and Labour Relations, Cornell University. He is currently a senior lecturer in Organization Studies at the University of Haifa, and the Head of the Organization Studies program. In addition to many articles, he is the author of Selling Technology: The Changing Shape of Sales in an Information Economy, published in 2006 by Cornell University Press. His current research is on the social fabric of mass markets and on sales work and sales workers.

Doris Eikhof. University of Stirling. Doris Ruth Eikhof is Lecturer in Organization Studies at the Department of Management, University of Stirling, and Research Associate at the Wirtschaftsuniversität Wien, Austria. Her research interests include creative industries, changing forms of work and organization, organizational boundaries, organizations and lifestyles and social theories in organization studies. She has published in international and German academic books and journals, including Journal of Organizational Behavior, Creativity and Innovation Management and edited volumes to be published by Palgrave and Routledge. Recent collaboration with SCeR has included joint publications and editorships, the organization of conference streams for EGOS and ILPC and a comparative project on European football as an employment system.

Dr Richard Hall. University of Sydney. Professor Axel Haunschild. University of Trier. Axel Haunschild is Professor of Work, Employment and Organisation at the University of Trier, Germany. He is also Guest Professor of Human Resource Management at the University of Innsbruck, Austria, and at the School of Management, Royal Holloway, University of London. His research interests focus on changing forms of work and organisation, employment systems in the creative industries, the institutional embeddedness of work and employment, and the boundaries between work and life. He has published in journals such as Human Relations, British Journal of Industrial Relations, International Journal of Human Resource Management, Creativity and Innovation Management and Journal of Organizational Behavior. Recent work with SCER has included the organisation of conference streams (ILPC, EGOS), joint publications and editorships as well a comparative project on national employment systems in professional football

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Thursday, 3 February 2011

Strathclyde Associates: Our Corporate Profile

Providing services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.
At Strathclyde Associates we pride ourselves with comprehending each individual client’s unique financial needs and preferences.
A constant commitment to our clients is the strong foundation of the business culture at Strathclyde Associates.
We constantly develop innovative solutions in order to accommodate the ever-changing tastes, desires and needs of our clients.
Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.
Through the Strathclyde Associates Institutional and Private Clients Divisions we provide our clients with services that include Securities, Investment Banking and Investment Management Services.
Above and beyond we are the first choice for individuals and institutions alike when considering a Premier Wealth Management Company. Excellence in market execution and the provision of the right information at the right price, at the right time has given Strathclyde Associates an enviable worldwide prestige of being able to ensure that our clients achieve their financial objectives and aspirations.
From natural resources to technology our fundamental strengths lie in innovative investment solutions combined with robust execution capabilities. At Strathclyde Associates we pride ourselves with comprehending each individual client’s unique financial needs and preferences.
Owing to the depth and quality of our understanding we construct long term relationships with our clients with a core focus on value creation and an ultimate commitment to helping our clients build and manage their wealth.
This specialized focus, an enviable reputation for quality and integrity and of course strong relationships nurtured with investors have made Strathclyde Associates a worldwide leader in wealth management.
Strathclyde Associates Services: Equity. At Strathclyde Associates Equities we pride ourselves on the knowledge that our Equity Departments are a worldwide leader in the careful planning of investment strategies and capital raising functions in both the private and public equity markets.
Fixed Income. Strathclyde Associates Fixed Income is a global player in ensuring that interest rate currency swaps, debt securities and other derivative products are carefully integrated into our portfolio programs in a manner that accommodates investor preferences and objectives in the ever changing, constantly evolving debt markets.
Foreign Exchange. The Foreign Exchange Market is a 24-hour market and as such Strathclyde Associates provides its clients with a truly round the clock service of spot, forward futures and options trading in all the Forex markets of the world.??Commodities??Risk Management strategies are one of the growing sectors in the market today and as such Strathclyde Associates Commodities now competes in the commodities and derivatives markets providing services in markets which include metals, energy, oil and gas trading to name but a few.
Mergers and Acquisitions. At Strathclyde Associates Mergers and Acquisitions (M&A) department our primary focus is in: Mergers , Joint ventures , Corporate Restructurings , Divestitures , Recapitalizations, Spin-offs , Exchange Offers , Leveraged Buyouts , Shareholder Relations and takeover defenses
Global Capital Markets. Through our Global Capital Markets Departments we can accommodate clients' needs for capital. For instance in the situation of an IPO, a leveraged buyout or a debt offering our global capital markets professionals combine Investment Banking and sales and trading functions to guarantee clients innovative solutions based on sophisticated advice. If necessary our professionals can develop, structure and execute public & private placement of equities, debt and related products. As a major force in the market we offer every assistance to clients to attain the greatest value from each and every stage of a transaction. Thus it is our responsibility to constantly develop capital market solutions to enable clients to rise above whatever the market may throw at them.
Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.

Strathclyde Associates Investment Guide: Investment Strategy

A well-planned investment strategy is essential before having any investment decisions. A business strategy is generally based upon long run period. Formation of business strategy largely dependent upon the factors such as long-term goals and risk on the investment.
As the return on investment is not always clear, so the investors prepare the strategy so as to face the ongoing challenges in investment. A balanced investment strategy is generally required in the process of investment, which possesses long time period and some risk tolerance.
In the case, when a strategy is aggressive the chance of attaining a higher goal is higher. An efficient strategy can be obtained from portfolio theory, which shows good estimates on risk and return.
Strathclyde Associates Investment Guide: Investment Strategy is usually considered to be more of a branch of finance than economics. It is defined as set of rules, a definite behavior or procedure guiding an investor to choose his investment portfolio. For example, investing in mutual funds has recently emerged as a very favorable investment strategy.
An investment strategy is centered on a risk-return tradeoff for a potential investor. High return investment instruments such as real estate and mutual funds usually have more risks associated with it than low return-low risk investment opportunities. Return on investment can be calculated on past or current investment or on the estimated return on future investment.
Symbolically, it can be expressed as: Vf/Vi -1 where Vf denotes final investment value and Vi is the initial investment value. (“f” and “i” should be noted as subscripts)
Strathclyde Associates Investment Guide: Return on investment (ROI) is profitable when Vf/Vi-1>0 and the investment is deemed to be unprofitable when the value of final investment is less than that of the initial investment. ROI is calculated to be 1 or 100% when the value of the final investment is twice the value of the initial investment.
Types of investment strategies can be defined as follows: A passive investment strategy attempted to minimize transaction costs.
An active investment strategy guide used to maximize returns based on moves such as proper market timing. This usually mean, “buying in the lows and selling in the highs” or buying investment instruments when they are cheap and selling them off when their price appreciates. This strategy, however, is not very beneficial for small time investors.

Small time investors can adopt the buy and hold investment strategy to invest in equities, which although volatile in nature, give favorable long run returns. Investing in equity markets for small time investors is associated with the investors holding on for very long periods. In the case of real estate, the holding period extends the lifespan of the mortgage. Notably, in case of this strategy, indexing or buying a small proportion of all the shares in market index or a mutual fund is a purely passive variant of the above strategy.
The strategy of value investing, a classic investment strategy propagated by Benjamin Graham simply concentrates on the strategy that an investor buys shares of a company as if he was buying off the whole company without paying any attention to the stock market scenario or any exterior conditions such as the political climate. At the end of the day, if he can buy the stock at less than that its actual future worth to the buyer, the person is said to have discovered a “value investment.”
Investment strategies can also denote the investment strategies a national or federal government should follow to bring about economic growth in a country. This can only be achieved by domestic investment as well as significant FDI (Foreign Direct Investment) flows to particular sectors of countries, especially the less developed ones of Asia and Africa.
In case of India, infrastructural problems, excessive government intervention, rigid labor laws and corruption are stifling the flow of FDI in the critical sectors. Less developed countries such as those in the Asia- Pacific region and Africa can bring about much needed development in these economies.
An investment strategy in mutual funds is probably the best bet for a profitable investment. Mutual funds is defined as a pool of money supplied by different investors and in turn used by the mutual fund company to invest in various assets such as stocks and bonds. However, a detailed research has to be conducted for choosing the mutual fund companies and only those should be considered which have a professional investment manger. This will ensure that the funds get channeled towards the right investments. This also applies for investing in stock markets where a decision to invest should follow a through research about the past and current trends of the stock prices and their Net Asset Values (NAV). Analyses from market researchers about the predicted future trends should also be considered otherwise gains from capital appreciation; capital gain distribution (in case of mutual funds) and dividends might not be realized.
Lastly, investment strategies leading to green investments or investments in renewable sources of energy will be the next big thing in the investment spectrum. From Economy Watch. Economy, Investment & Finance Reports.

Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.

Strathclyde Associates Market Outlook December 2009

Whilst the death knell for the US Dollar has been sounded often in recent years, it weakness has still not alarmed investors...yet!
The dollar has declined 15% against a raft of six major currencies from the highs set in March and is down more than 37% from a peak in 2001. Analysts are of the opinion that another sharp drop in the dollar – or a spike in volatility due to bad news – could heighten foreigners concerns about US stocks, and that could create a confidence crisis that spurs calls for re-examining the currency regime.
The Tipping Point is strongly believed to be a move to $1.60 by the euro, the dollar’s record against the single currency. “If we breach $1.60, I think that’s too far, too fast and could cause concern about a dollar demise”, said BNY Mellon’s senior currency strategist in New York.
The $1.60 is considered to be the maximum exchange rate in which central banks will tolerate weakness in the dollar. Beyond that, we can expect some form of intervention, verbal or otherwise, to support the US currency. For now, a weak dollar is viewed as desirable for boosting exports for the ailing US economy, even though the Administration stresses its preference for a strong dollar.
But the weak dollar, along with the China’s management of its own currency, has other nations, particularly in Europe, concerned. Volatility indicators suggest that the swiftness of the US currency’s fall, coupled with the dollars current level, is raising fears of further dollar weakness, leading to a more tumultuous trading environment.
Which leads one to ask, “Is this the best time to buy stocks??” The answer is resounding “Yes!”
A raft of Market experts and Financial advisors are buoyant about investing now because a range of familiar quoted companies’ stock prices are still trading at attractive levels. Many believe that a combination sell-off’s and consolidations have created some of the best buying opportunities for many months.
Analysts suggest that the window is wide open to buy growth stocks, ahead of the inevitable economic turnaround, at enticingly bargain prices.
Even during the market’s more tumultuous times and difficult days, buy-out news and other short term forces can send individual stocks up by 10%, 25% and even above 50%.
In fact, one or our exciting success stories involved the stock, Human Genome Sciences, Inc. (sticker symbol HGSI). Our recommendation to our clients was to buy when the stock was bobbling around the $3/$3.30 mark and HOLD.
As the result of an announcement, the stock went from $3.32 (July 17th) to $13.84 (July 21st)! It slowly climbed to $18.69 by mid-Oct. and then surged to $28 in early November. Some of our risk adverse clients took an early profit in late July, many others rode the wave $17 or $18, a few stalwarts stays on board until the $25 mark.
Naturally, the trick is not only to find these stocks and but also to seize the opportunity when it is offered. We are always willing to make stock recommendations and offer advice on timing, however, we do feel that it is important for our clients to do their own research too.
As 2009 winds to a close, we can bid good riddance to a decade in Wall Street that will be remembered for two burst financial bubbles and a rogue’s gallery scoundrels who rewarded themselves well and delivered by little.
Wall Street experts and company chiefs behaved in an appallingly arrogant manner for much of the era – their bad attitude towards investors and the sanctity of the markets leading, inevitably, to their fall.
There is no doubt that more than a few of them knew exactly what they were doing to us. With this profitless dotcom, their fraudulent shell companies (Enron and WorldCom!), the over-inflated salaries... not to mention the ‘geniuses’ who engineered the credit crunch by repackaging dubious home-loans as mortgage-backed securities... and the men who ran the banks that were ‘too big to’ to fail and met the crisis with a “What, me worry?!” attitude.
None of us need to ponder deeply before coming up with our own Wall Street ‘horror’ story.
The decade kicked off at the most boisterous phase of the tech bubble, with the NASDAQ reaching a dizzy peak of 5,132. A decade later, it still languishes some 3,000 points below its peak. The Dow Jones and S&P’s 500 Index are ‘only’ down 10% to 20% for the decade.
If there’s a silver lining to this Wall Street debacle, it’s the decade that the decade offered a lesson in how brutal the American markets can be!
In this post-Madoff, post-Lehman brothers environment, more and more investors are looking to Europe – and the European markets – which have traditionally provided solid investor protection.
As this demand for transparency, a higher regulatory standard and strict rules on liquidity and risk management soars, the European market, buoyed by the strength of the Euro, promises to be THE market for a long time to come.
The demands on company’s directors are greater than in other jurisdictions. The regulator wants to see full background checks, and by law, directors must be able to demonstrate good supervision and governance through a wide range of reporting.
“Investors from as far a field as Singapore and Hong Kong are being attracted to Europe in their quest for liquidity and transparent oversight” said a Guernsey-based asset manager, “in fact, it is probable that that many offshore investors will move onshore to Europe over the next five years.”

Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.