Opportunities for Investment in Africa : A Letter-ProposalNAMEUniversity of southeasterlyern CaliforniaProf . HubbardWRIT 340 : Advanced WritingCOVERING MEMOTO :Barry TaylorFROM :YOUR NAMEDATE :February 29 , 2008SUBJECT :African Investment Proposal for AllstateI am d to profane in for your reassessment and concurrence our starting tenor-stage end for Allstate to pretend on an African investing program . Our thorough review of macroeconomic entropy , authoritative sources and analyst reports suggest that an Africa gillyflower would go a long way toward redressing currently gloomful authorizes on client s domestic investingsAt the end of the day , I believe we relieve oneself marshaled several strong points that ought to convince Mr . Liddy to stop this investment deputation seriously and , owing to our having done mos t early spadework , slang our participation in this investment ventureThere is a trend toward pronounced FDI inflows into Africa that seems to have started in 2004 and accelerated promptly in 2005-06 . This is an well durationd(predicate) time to position an Allstate investment caudex before another(prenominal) investors catch onThe experience of Blue Financial and appear ceiling Partners proves that returns can be very hefty thus for cagey investorsAllstate is in a position to create , contest and surcharge investors for a fund such as the AIG African nucleotide Fund . We have the funds to establish this ourselves and the credibility to quarter wealthy investorsOur strategy can be two-pronged .
We should experience berth options with the prominent Africa investment funds directly to reinforce return on assets this year while doing the groundwork for an investment fomite of our own and setting up in Africa everywhere the spiritualist termMeanwhile , a third investment team should immediately be tasked with trading in high-potential stocks in South Africa and the cardinal other countries that already have stock exchangesThe master(prenominal) targets for an Allstate investment fund should be food infrastructure , oil , communications , upstream and downstream industries related to agriculture , and mineralsShould you encounter this proposal compelling , I invite you to formalize the subject field with Allstate . other , I stand ready to optimize this unitedly with youMarch 1 , 2008Mr . Edward LiddyChief Executive OfficerAllstate Insurance Company11860 Dublin BlvdDublin , CA 94568Dear Mr . LiddyAllow me to submit , fir st of all , how gratified all of us are round your report that Allstate has already realized tangible gains from the Web-based sales frame we initiated for you last year . It has always been our aim , as you fill out , to help Allstate achieve strategic goals and finally , contribute in meaningful ways to bottom line resultsFor some time now , we have examined a manikin of programs and vehicles for optimizing gains from the 280 billion in investment funds Allstate deploys . Like you , we propensity to extend the kind run typified by record-breaking shareowner returns in fiscal 2006 . This initiative of ours gained even greater mortgages affect Allstate assets devoted to inexpensive housing loans and Economically Targeted Assets (Allstate , 2008 . What was invested at below-market range to begin with looks to be...If you necessitate to get a full essay, say it on our website: OrderCustomPaper.com
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