funding
:Government is still supporting these schools under ‘transitional funding.’
Control over admission
:Government did not remove the responsibilities along with the status.
significant increase in the level of financial delegation to schools in many services.
Under Fair Funding, the LEA can retain funds centrally to support its role in four key areas
; strategic ma
Fund
It was confirmed that Cho Hyun-joon, 41, president of the Hyosung Group and eldest son of Chairman Cho Seok-rae, purchased a villa worth 4.5 million dollars (5.6 billion Won according to the exchange rate at the time) in the Los Angeles area in 2002. Since Cho paid for the villa in cash, many observers are wondering about the source of this money. Chairperson Cho Seok-rae is a relative of P
funding outcomes, not inputs
professional management, measures of performance
meeting the needs of the customer, not the bureaucracy
closeness to customers and the requirements
market ideology
steering rather than rowing
leveraging change through the market
in‘책임운영기관의 설치·운영에 관한 법률’
1. research institute
2. education and trainin
Fund 중 346개 펀드만이 S&P500 을 비트했고 단지 16개만이 Dow Jones를 비트한 것으로 조사됐다. 이는 미국처럼 시장의 효율성이 높은 곳일수록 Mispricing을 이용한 시장대비 초과수익률을 달성하기 어려워진다는 것을 입증한 것이다. 대다수 액티브 펀드가 Under Performance한 다른 이유는 시장 지수 자체의 변동성
Fund>
1. Investment objective
As a Stock investment trust primarily invest in domestic stocks benefited from emerging market such as China, focusing on emerging growth effectiveness by constructing a portfolio and goal to make an excess returns compared with market.
2. Investment Strategy, Investment Policy and Revenue structure
1) Investment Strategy and Risk manageme