TAILIEUCHUNG - Agricultural Investment Funds (AIFs) 2010

distributors have a limited incentive to invest on training and improving the awareness, knowledge and skill of distributors. Economic compulsions could see companies move towards a committed distributorship system. Alternate lower cost distribution channels: Other avenues for AMCs to diversify their distribution base could include an examination of distribution channels prevalent in other industries, especially those that involve a low distribution cost— such as the FMCG industry. Customers in Tier-2 and lower cities could also be tapped by leveraging on the reach of PSU banks in these areas, which could be mutually beneficial. Alternate technology-based channels including the Internet and. | 11 29 2011 Agricultural Investment Funds AIFs Calvin Miller Agribusiness and Finance Senior Officer and Group Leader Rural Infrastructure and Agro-Industries Division AGS FAO-Rome 21 November 2010 East Agri Meetings - Agricultural Investment Funds Where to Invest in the Agricultural Chain Why an Agribusiness Investment Fund RISK FACTORS VALUE CHAIN PLAYERS OPPORTUNITIES Space for subsidized lending grants PROCESSORS AGGREGATORS EXPORTERS Low profits high risk but viable esp. with support for productivity enhancement Space for SEAF-like investment funds Reasonable and consistent returns less exposed to market factors than other sectors but not extremely high returns. Space for SEAF-like investment funds and private sector Opportunities for high returns based on business strategy and ability to beat competition. Agribusiness fund focusing on businesses that link farmers to global buyers can complete a farm-level development strategy for emerging markets. Source SEAF 2009 East Agri Meetings - Agricultural Investment Funds 1 11 29 2011 Why Invest in Agriculture Food Prices vs. Investment Indexes - FAO Food Price - s p 500 East Agri Meetings - Agricultural Investment Funds Overview of FAO ConCap Study Desk study Stock-taking and case studies 31 AIFs identified mainly focused on SSA Significant growth of AIFs in recent years Many set up as a public-private partnerships PPps -58 Capital base ranging between US 8 million and US billion Varied instruments equity 14 debt 4 debt equity 8 guarantee 1 others 4 East Agri Meetings - Agricultural Investment Funds 2 11 29 2011 Rising Trend in Setting up AIFs Year Source FAO ConCap Study East Agri Meetings - Agricultural Investment Funds Agribusiness Partners International Investment Fund Example 1 100 million fund launched in 1995 and exited in 2005 Managed by Burlington Capital Group Agribusiness Management Company LLC Private equity investors in food and agribusiness Investment strategy for high returns through .

• Quỹ đầu tư
• counterintuitive
• responses—we
• Simple contexts
• dynamic alternatives
• avoid micromanaging
• simple situation
• trình bày báo cáo
• tài liệu báo cáo khoa học
• báo cáo y học
• kiến thức y học
• nghiên cứu y học
• cause and effect
• catastrophic failure
• suddenly disrupted