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Global
Asset Model
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G.A.M. |
| G.A.M.
is a product
offered by GRETA Consulting, for forecasting
the annual performance of the major asset classes with reference
to the main macroeconomic areas. It is linked to M.E.F.I.M.
because it utilises the forecasts of the latter to
calculate the total returns of the different markets. This
product is a reliable tool for decisions concerning Global
Asset Allocation, providing useful information on variations
in performance that could take place, should an unexpected
scenario occur.
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G.A.M. includes:
1. A table giving the expected performance, in
terms of total returns calculated on a solar year basis and
for a 3-year horizon, of the following asset classes:
- Equity: the total returns regarding
stock indices are calculated for main geographical area
(Eurozone, US, Japan, Great Britain);
- Bond: the total returns regarding bond
indices are computed by main geographical area (Eurozone,
US, Japan, Great Britain);
- Currency: the total returns on interbank
3-month deposits are calculated on the basis of exchange
rate forecasts obtained from an "ad hoc" Econometric
model (Euro/US Dollar, Euro/JP Yen, Euro/GB Pound).
- Cash: the total returns on interbank
3-month deposits in Euro, Dollar, Yen, Sterling Pound are
calculated.
2. A brief report on the US, Eurozone and
Japanese economic situation. 3.
The selection of two possible scenarios out of the three outlined
by GRETA's Finance Committee: the aim is to supply a reference
scenario of high probability (base case scenario) and one
of low probability (worst case scenario).
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| HOW THE SERVICE IS PROVIDED
Within the first
5 working days of any month, the results from G.A.M.
are made available in GRETA's Database. Clients can have access
to a file by modem, using a password and identification code.
As an alternative, the client can be provided with all the
material via e mail.
The file, in Acrobat reader format, contains a report on the
economic situation, a description of the scenarios considered
and a table of the total returns. |
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| Demo
Gam (Italian version only) |
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