Fund Managers, Intangibles, and Private Disclosure Essay

Fund Managers, Intangibles, and Private Disclosure - Essay Example Intangibles come in many different forms and nature. Example of these includes structural capital, human capital and relational capital. In the present case, however, intellectual capital is the only intangible that is mentioned. A large extent, it can be said that this is so because the intellectual capital of the present company is made up of an embodiment of all the components of intangibles. What is more, given any market value, intellectual capital is believed to be made up of the difference in the market value and tangible assets possessed by the company. Therefore, because the core component of cash input in the case was share price, the intellectual capital was named as the only intangible to represent all difference that would come from the share price and tangible assets. One critical condition that can be used to judge whether the meeting constitutes insider information or not has to do with whether or not the information given can provide any form of financial advantage in the trading of shares of companies. From this perspective, since the meeting with the fund manager involved information on how value arose and how efforts can be put in place to ensure that in future dealings, more value arose from the intangibles, this advantage could be described as insider information. If for nothing at all, the information that was received was a non-public fact and not accessible to all other players in the share trade business. Ideally, because the overall income of the fund manager is determined by a ratio of the overall fund average asset, it would be said that the insider information was going to benefit the fund manager. This is because he was going to be put in a position where he was going to have better strategies put in place to manage the portfolio of trading activities and consequently see a higher rise in the fund’s average assets.