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INVESTMENT MANAGEMENT
Note: These course notes were written by Professor Virginia Maracine PhD and Professor
Emil Scarlat PhD Department of Economic Cybernetics, Academy of Economic Studies
Bucharest, using the announced references (see the Course's Syllabus).
Chapter 1
Introduction. Basic of Investment
1.1. What Investment it is about? But Investment Management?
1. Investment - concepts and types
The word Investment originates in the Latin "vestis", meaning garment, and refers to the
act of putting things (money or other claims to resources) into others' pockets. The basic
meaning of the term being an asset held to have some recurring or capital gains. It is an asset
that is expected to give returns without any work on the asset per se (Wikipedia).
In the most general wide accepted sense, to invest means to spend an amount of money
(investment fund I) in order and in such way that to get a future return R greater than the initial
spent fund. According with this......

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Title: Investment Management
Approximate Word Count: 12653
Approximate Pages: 51 (250 words per double-spaced page)

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