Design of Phenomenological Research

Design of Phenomenological Research This is a philosophical movement concerned with the study of conscious experience, from the point of view of the first person (Moran, 2000). There is emphasis on the intentionality of experience – that is, the idea that conscious experience is directed towards some phenomena, rather than being merely aimless. Such purposefulness is usually contained in the meaning that the first person ascribes to his or her experience. Human experience is said to be conscious, meaning that we are somehow usually aware of an experience as it is happening, as opposed to for example Sigmund Freud’s psychoanalytic view in which experience isn’t always conscious. Conscious experience is defined in broad terms, incorporating a wide range of factors including sensation, perception, objects, events, time, self, others, space, sequence, emotion, logic, and so on, with particular emphasis on the meanings of these experiences (two individuals may have exactly the same experience, yet attac h completely different meanings). Historically, phenomenology has been a fragmented philosophy, with numerous variations emerging and becoming established especially since the early part of the 20th century, deriving from works of philosophers like Martin Heidegger, Jean-Paul Satre, Edmund Husserl, G.W.F Hegel, Max Scheler, and others. The basic tradition of Anglo-Saxon European philosophy as we know it has been dominated by phenomenology throughout the last century, and currently provides the philosophical basis for a major part of clinical studies, usually subsumed under the heading of qualitative research. EXPERIMENTAL (SCIENTIFIC) APPROACH Scientific experimentation forms part of the wider traditional positivist doctrine, developed by Auguste Comte during the early part of the nineteenth century (Coolican, 1994). Positivism dictates that only phenomena that can be quantified and measured, are worthy of scientific experimentation. Emerging from this philosophy is the hypothetico-deductive doctrine, which entails making observations, developing theories, formulating and testing predictions from those theories, and modifying or supporting the theory accordingly. This procedure is what many researchers refer to as the ‘scientific method’. Experimentation is often regarded as the ‘gold standard’ in scientific (clinical) research. It entails the deliberate manipulation of variables under controlled conditions, in order to establish causality, and important factor in clinical settings. Control is achieved primarily by random allocation of participants to conditions, effectively distributing any diffe rences between people evenly across the conditions, and hence ‘balancing things out’. Many experiments are also conducted in a controlled environment, such as laboratory. Experimentation is underpinned by a number of assumptions, including the idea that people can be isolated from their social environment and treated as a group rather than as individuals. Furthermore, it is possible for the researcher to remain objective, remaining distant from the subject and hence having no influence on their behaviour. RESEARCH METHODS Aims and Objectives Phenomenological research is exploratory, seeking to understand people’s conscious experiences through that persons’ own viewpoint, what ever it may be. By contrast experimentation focuses on testing specific hypotheses, which have usually been selected by the researcher, hence reflecting the researchers own perspectives, rather than those of the participant. For example, take the case of a patient who has recently being diagnosed as anorexic. She is receiving treatment but there is a need for research to establish whether the treatment is having the desired effect. Phenomenology will focus on the patient’s own conscious experience of anorexia and recovery, and the meaning she attaches to these experiences. For example, the individual may view anorexia as a devastating experience with feel that she is not recovering despite her treatment. The whole experience may have created a sense of revulsion about her condition and pessimism about the recovery. The phenomenologist will try to explore – to use Husserls Greek terms her â€Å"noesis† or intentional act of consciousness (e.g. her beliefs and feelings) and †Å"noematic†, meaning the object or phenomena (anorexia, recovery). By contrast, the experimenter will aim to test hypotheses that the treatment is or isn’t effective in eliciting recovery, which will be appraised in quantifiable terms, such as changes in body-mass index, blood sugar levels, and blood pressure. Given the different aims/objectives (i.e. exploration, hypothesis testing), the experimenter and phenomenologist could arrive at completely different conclusions. For example, the patient may feel and believe they are not getting better albeit experimental (medical) parameters suggest otherwise. Research Questions Hypotheses Phenomenological questions typically exploratory, asking how an individual has consciously experienced a phenomenon, such as illness or disease. There are no hypotheses. The question can take any one of several forms, depending on the area of phenomenology. For example, existential phenomenology will inquire about the persons’ experience of free choice (e.g. in selecting their treatment), generative phenomenology will explore the meaning of the phenomena to the individual with reference to historical factors (e.g. the way a disease has historically been interpreted in their society), while a transcendental phenomenology will ask about the person’s conscious experiences completely excluding questions about the external environment (e.g. how the disease is experienced, regardless the hospital environment, treatments, and other external factors). Experimental questions are often more precise, asking whether there is a relationship between two or more variables. The questio n is usually accompanied by testable hypotheses, which specify whether or not a relationship exists and the direction (i.e. positive or negative) of the relationship. So, for example the experimenter will ask whether a particular intervention will cure the illness, accompanied by a hypothesis (e.g. the intervention significantly improves health outcomes). Unlikely phenomenology, the experimental approach rarely involves exploratory or open-ended questions as it is a requirement that all variables (independent and dependent) are specified a priori. However, statements of hypotheses can be â€Å"two-tailed† whereby the precise relationship expected between two variables is left â€Å"open† (i.e. not specified). Design Phenomenological research is typically unstructured, with no specific ‘design’ or ‘format’. The researcher is at liberty to proceed as they see fit, merely ensuring that they conform to the basic tenets of philosophy, notably emphasising the first-person and targeting their conscious experience. The setting is usually realistic or naturalistic, so for example, no attempt is made to ‘remove’ the patient from their natural environment[1]. Experimental research is traditionally highly structured. There are specific designs available to the researcher, each with set parameters or protocols. Randomisation of subjects to conditions is critical, to minimise the counfounding effects of nuisance variables. Therefore it is essential to recruit a sample of individuals who serve as participants. They can either be exposed to all conditions of the experiment, leading to a within-groups design, or assigned to just one of the conditions, creating a between-gro ups design. Independent and dependent variables must be specified clearly, so that there is no uncertainty about the conditions being manipulated, the direction of causality, and outcome measures. The setting is typically artificial – for example a laboratory – with a low degree of realism. It is important to point out that some phenonemonological research assumes that conscious experience is a function of neurological activity in the brain, known as neurophenomenology. This overlap with physiological sciences means that an experimental design may be used to establish the authenticity of certain aspects of conscious experience (e.g. determining whether an experience of motor activity is accompanied by electrical activity in the appropriate regions of the brain). Data Collection Data is typically collected using one-to-one interviews between the researcher and the participant, rather similar to private sessions between a patient and their psychiatrist or psychotherapist. The interviews are typically open-ended, thereby letting things show themselves, to use Heidegger’s terms. Data collection in experimentation may involve one or more techniques including observational methods (participant and non-participant observation, role playing and simulation, the diary method, and naturalistic observation), interviews and surveys (psychometric tests, structured/semi-structured interviews, clinical method). Whatever technique is used, the goal is to generate quantitative data which would allow mathematical assessments of reliability and validity, and also statistical analysis. Reliability relates to the consistency of a participants responses, while validity indicates whether the appropriate phenomenon of interest is being measured in the first place. Questions in interviews and surveys are typically close-ended, so that the participant can only respond using a pre-determined range of options provided by the experimenter. Data Analysis The phenomenological method assumes first-person familiarity with the particular experience of interest to the researcher. Data analysis essentially entails description of a conscious experience exactly as it is lived by the participant and presented to the researcher, who does not interfere. The researcher may then attempt to interpret the experience from their particular phenomenological perspective. For example, hermeneutical phenomenologists, such as Heidegger, will try to make sense of the experience by placing it in a social and linguistic context (e.g. who else is involved, and how do the parties communicate). By contrast a naturalistic constitutive phenomenologist will relate the experience to nature, seeking out links with natural environment (e.g. climate, culture, ecology). Regardless of their area of phenomenology, it is essential for the researcher to analyse the type of experience presented, identifying any unique features for further investigation. More recently, data analysis may entail a logico-semantic approach that aims to identify the truth of an experience (e.g. â€Å"this disease can be cured†) and the conditions necessary to satisfy an intention (e.g. â€Å"I will feel better if I take my medicine†). Phenomenologists also use modern techniques for analysing qualitative data, such as thematic analysis, typologies, quotations, and so on. Data analysis in experimentation requires the use of statistical tests in order to establish the â€Å"significance† of any observed changes in the dependent variable, following manipulation of the independent variable. Usually, a ‘level of significance’ is set, depicting a specific probability (e.g. .05) that observed differences between groups or conditions occurred by chance. Typically, the probability of chance must be equal to or less than the chosen significance level in order for the test results to be regarded as significant. There is no attempt by the experimenter to â€Å"impose† any interpretation or subjective analysis on the data without the use of statistical tools, which introduce some mathematical objectivity. However, the likelihood of obtaining significant results is often affected by analytic and methodological considerations, such as the sample size and the sensitivity of the chosen statistical test. Furthermore, results that are statistically significant may nevertheless have little or no clinical significance, for example in terms of Quality Life Years, and morbidity and mortality rates. Table 1 Differences between phenomenological and experimental approaches (selected issues) Phenomenological Experimental Method Unstructured Structured Research Question Exploratory Hypothesis testing Perspective First-person Third-person Subject Matter Conscious experience Quantifiable phenomena Data Analysis Intuitive Statistical Setting Naturalistic Artificial Clinical Application Detailed insight Efficacy CLINICAL PRACTICE Phenomenological and experimental approaches both have an important role to play in clinical practice. Nevertheless, each method may offer very different perspectives on the same medical quandary, or may be more suited to certain problems rather than others. Consider the effectiveness of nurse-led thrombolysis on patients present at an Accidence Emergency unit with cardiac symptoms. A phenomenological approach would be suitable for obtaining detailed insights into nurses feelings about their effectiveness in administering the procedure, their confidence, doubts, anxieties, suspicions, resentments, and other feelings and beliefs that may explain their clinical competence or otherwise. This may provide managers and consultants with valued ideas about how to support nurses, hence improving service delivery. By contrast the experimental approach will be more amenable to establishing the clinical effectiveness of nurse-initiated thrombolysis, for example in terms of the percentage of fatalities and door-to-needle times. A E units could be randomly assigned to a condition in which nurses implement thrombolytic procedures, or a control condition in which the intervention is performed by busy consultants. Patient satisfaction rates and hospital delays could then be compared across both conditions using statistical procedures. Although phenomenology and experimentation approach the problem differently, findings from both paradigms will have some clinical benefit if service delivery is ultimately improved. BIBLIOGRAPHY Coolican, H. (1994) Research Methods and Statistics in Psychology. London: Hodder Stoughton. Moran, D. (2000) Introduction to Phenomenology. London and New York: Routledge. Smith, B. Smith, D.W. (eds.) (1995) The Cambridge Companion to Husserl Cambridge and New York: Cambridge University Press. Wikipedia (2006) Phenomenology [online]. Wikimedia Foundation, Inc. Available from: http://en.wikipedia.org/wiki/Phenomenology/ [Accessed 22 July 2006]. Footnotes [1] Although in the interest of privacy researcher and patient may seek a quiet location that may be somewhat atypical of the subjects’ usual setting.

The Issue of Casinos in South Florida Essay -- Social Issues

Casinos on the 2014 ballot? Political committee lays the groundwork â€Å"After failing to persuade the Florida Legislature to pass a bill to open South Florida to mega resort casinos, gambling interests have taken the first steps to bring the issue directly to voters in 2014. A political committee under the name of â€Å"New Jobs and Revenues for Florida† was created April 10 with the purpose of promoting a â€Å"statewide constitutional initiative re gaming.† The committee chairman is Tallahassee lawyer and lobbyist John French and its treasurer is a political committee consultant and accountant Nancy Watkins of Tampa. The petition process requires that the organization get petitions signed by eight percent of the voters in the last presidential election to put the constitutional amendment on the ballot. The proposal must then be approved by 60 percent of the voters† (Klas, M. E., 2012). â€Å"The third level of inputs is external political actors that significantly shape the purposes, processes and actions of the bureaucracy. Administrative organizations do no exist in a vacuum; that is, without some degree of this external public support or hostility exercised either directly upon the agency or through intermediaries such as lawyers and lobbyists† (Stillman II, R., 2004, pg. 91). â€Å"Malaysia-based Genting Group spent more than $400 million to assemble roughly 30 acres along the Biscayne Bay waterfront here, including spending $238 million to acquire the headquarters of the Miami Herald newspaper. Genting planned to build the $3.8 billion Resorts World Miami, which company officials had boasted would become a dramatic feature along the waterfront of downtown Miami, with 5,200 rooms over four hotels, creating 30,000 permanent jobs, attracting almo... ... Santiago, F. (2012, January 28). Is the Herald Building Historic?. Common Sense Miami. Retrieved from http://www.commonsensemiami.com/ Scott, J. C. (1998). Part.4 The Missing Link - Chapter 9 - Thin Simplifications and Practical Knowledge: Metis. In Seeing Like a State. (Pp. 309-341). Yale Agrarian Studies. Stillman II, R. (2004). The American Bureaucracy: The Core of Modern Government. (3rd ed.). (Pp. 91, 220). Belmont, CA, U.S.: Clark Blaxter. Stutz, H. (2012, February 19). Supporters Of Florida Casino Expansions Promise To Fight On. Las Vegas Review-Journal. Retrieved from http://www.lvrj.com/business/supporters-of-florida-casino-expansion-promise-to-fight-on-139622693.html Stutz, H. (2012, February 3). Florida Lawmakers End Casino Push. Las Vegas Review-Journal. Retrieved from http://www.lvrj.com/business/florida-lawmakers-end-casino-push-138663869.html

Hamlet and Lion King Comparison Essay

Still captivating people today, the story elements and classic plot of Hamlet, written by the influential William Shakespeare, have made it to the film screen in a version that the whole family can enjoy. The Lion King, one of Disney’s most legendary movies, illustrates aspects and characteristics of Shakespeare’s Hamlet, and captures it in a magical, enthusiastic style. More than just the unforgettable music and remarkable animations, The Lion King follows the popular plot, conflict, climax, and resolution that William Shakespeare scribbled on paper over 400 years ago. However, all of Disney’s animation movies end with a happy ending, which means that movie writers of The Lion King had to change the story elements of Hamlet to better suit the movie for young audiences. Disney was overall primarily successful in delivering the dark, complex story plot of Hamlet in The Lion King by still preserving the optimism and purity of Disney movies, with only a few minor fl aws. The far-reaching influence Shakespeare’s Hamlet had on the movie The Lion King is evident through character comparisons, family conflict, and moral struggle within the characters. Simba, who undergoes his fair share of hardships and worries, can be directly related to Hamlet. Both characters suffer the loss of their father and they both seek to be alone, running away from their responsibilities in the royal family. To escape the guilt of the death of his father, Simba runs away from all responsibility to forget about his past. Hamlet also runs away from his responsibility, with the thoughts of revenge and suicide overtaking his mind. Both main characters have to reevaluate their morals as well; Hamlet decides whether it is moral or not to seek revenge on this uncle and Simba has to make the imperative decision of whether he should take control of the Pride Lands again. Hamlet’s father can be directly correlated to Mufasa, Simba’s father. Both kings ruled over the ir kingdom in peace and prosperity, with the intent of good ambitions. Both kings also suffered a tragic death, due to the immorality and cruelty in their brothers. Scar and Claudius, characterized as Simba and Hamlet’s uncles, both used evil convictions to force their way onto the throne. Sarabi and Gertrude, the queens and mothers in both of the stories, care about their sons very much. They also have little to no power over their kingdom, leaving the uncles in full charge. When Simba returned to Pride Rock to declare his spot on the throne, he was furious when he saw how Scar was treating his mother, just like how Hamlet was furious about how Claudius didn’t treat his mother as good as his father once did. Nala can be related to the character Ophelia from Hamlet, mainly because Nala is Simba’s love interest, as Ophelia is to Hamlet. Disney did a very good job at preserving the main ideas and character significance of the original piece, without taking out anything important. The Lion King placed a children’s perspective on a very gruesome story of responsibility and revenge. Disney was clever in adapting the story plot to a children’s audience. Most of the differences between the two works are because Disney had to change some of the stories conflicts to teach moral lessons and have more positive influences on the younger audience. Hamlet was written for an audience that is older and mature, and less vulnerable to the dreadful deaths and disturbing dialogues that Hamlet delivers. If a child ever saw the sinister plot and conflicts of Hamlet, they would be easily influenced to make bad decisions. The Lion King has a more encouraging, child-friendly essence to it, with positive songs and cheerful secondary characters that help lead to a happy ending. The Hamlet, however, has a very gloomy and depressing tone to it, with no foreshadowing of hope in the future. The ending of Hamlet ends in the terrible bloodshed of all the main characters, incl uding Hamlet. If this ending were to happen in The Lion King, it would not be suitable for children and it may even put some children into shock. It was a great idea that Disney decided to change the aspects of the story line that may influence child behavior, such as changing the horrible ending to a happy one, making Simba not contemplate suicide like Hamlet, and presenting the famous â€Å"Hakuna Matata† song, meaning â€Å"no worries.† When Simba ran away, he found a worry-free and happy life. This was changed from the original Hamlet plot to help children realize that  problems can get better if they stop overthinking and worrying about them. The Hamlet version of this, if shown to little kids, would make them overthink their problems in life to the point of envisioning suicide or seeking vile revenge, just like Hamlet did. Disney did a perfect job at adjusting the story of Hamlet to the appropriate audience for The Lion King. There were few minor flaws that Disney made in the remaking of Hamlet in The Lion King. In The Lion King, movie producers left out characters like Laertes and Polonius from Hamlet, and they weren’t very clear with the characterizations and placing of Horatio, Rosencrantz, and Guildenstern from Hamlet in The Lion King. Rosencrantz and Guildenstern could’ve been correlated to Simba’s friends Timon and Pumbaa, except for the fact that Simba’s friends didn’t betray him and spy on him for his uncle. Timon and Pumbaa could also be related to Horatio, but they weren’t Simba’s early childhood friends. The Lion King could’ve improved the movie by having Simba have a childhood friend to provide relief to the audience from the main focus of the story, and also by having Simba have two friends that spy on him for Scar to spice up the plot and conflict a bit more. Having characters similar to Laertes and Polonius in The Lion King would also spice up the plot and conflict more as well, because those additional characters would make it harder for Simba to reach his goal; in the end it would be worth it and show the audience that no matter how hard something is, they can get through it. The only two obstacles that Simba had to go through were the weak hyenas and his uncle, Scar. Adding more antagonists to the story line would make the plot a little more interesting like Hamlet, considering he went through several obstacles to pursue revenge on his uncle. One other mistake that Disney made on The Lion King was that Simba didn’t mourn over the death of his father for a very long time, like Hamlet did. In the Hamlet, the death of his father affected Hamlet’s mind for the whole stretch of the play. Because of this, readers could tell that Hamlet loved and honored his father very much. Simba, however, forgot about this father and duties as king for many years when he ran away. Disney could’ve showed a better sense of companionship and love for family if they made Simba mourn a little longer over the death of his father. To summarize our Hamlet and Lion King Comparison Essay, Disney’s movie, The Lion King, embodied the Shakespearian work of Hamlet in a way that it brought the story of Hamlet back to life, with modern day morals and important life lessons. Even though Hamlet was very evil with its dark schemes and dialogue, it taught the lesson that seeking revenge on someone will get that person nowhere; they must step up and be the better person. Simba stated clearly in the fight against his uncle that he wasn’t gonna kill his uncle because he wasn’t like him. In the end, fate ended up killing his uncle anyway and it wasn’t Simba’s fault, so the story of The Lion King didn’t end in a tragic way. Disney did a wonderful job at modernizing the enduring and classical themes and plot of Hamlet by making The Lion King a family-friendly movie. Throughout the plot, settings, characters and lessons, Disney proved to be very successful in rewriting the tale of Hamlet in the most optimistic and hopeful way possible, with very few flaws.

3 Cases of Erroneous Use of Colons

3 Cases of Erroneous Use of Colons 3 Cases of Erroneous Use of Colons 3 Cases of Erroneous Use of Colons By Mark Nichol In each of the following sentences, a colon is employed in the mistaken belief that the sentence structure requires it, when in fact the syntax renders it superfluous. Discussion after each example explains why a colon is inappropriate, and a revision demonstrates proper punctuation of the sentence. 1. The network is terminating all its business ties to his media company, which includes: ending its distribution of his new program, renaming the original show, and separating itself from his merchandise website. A colon should precede a list only when what precedes the colon is a complete sentence. This error is easily rectified by inserting the object â€Å"the following† before it, but a better solution is to simply omit the colon: â€Å"The network is terminating all its business ties to his media company, which includes ending its distribution of his new program, renaming the original show, and separating itself from his merchandise website.† 2. The piece was widely criticized for, among other things: failing to provide crucial context, an apparent unfamiliarity with terminology, failing to verify several claims, and failing to note that the paper had previously published a similar profile of the organization’s cofounder. As in the previous example, the writer assumed that a list must be preceded by a colon, but the punctuation is intrusive when it interrupts the syntactical flow of the sentence. In this case, a comma, not a colon, should follow the parenthetical phrase â€Å"among other things† to complement the comma preceding the phrase: â€Å"The piece was widely criticized for, among other things, failing to provide crucial context, an apparent unfamiliarity with terminology, failing to verify several claims, and failing to note that the paper had previously published a similar profile of the organization’s cofounder.† 3. They understand that, to paraphrase something British statesman Winston Churchill once said: Success is not final, failure is not fatal, and it is the courage to continue that counts. Here, the assumption is that the proper punctuation for separating an attribution from the quotation (or, in this case, paraphrase) attributed is a colon, but again, what precedes the colon must be a complete sentence, such as â€Å"Here is a paraphrase of what British statesman Winston Churchill once said† (clumsy, but syntactically sound). In addition, because the paraphrase is integrated syntactically into the sentence, capitalization of the first word is erroneous: â€Å"They understand that, to paraphrase something British statesman Winston Churchill once said, success is not final, failure is not fatal, and it is the courage to continue that counts.† (Without the attribution, the sentence would be styled â€Å"They understand that success is not final, failure is not fatal, and it is the courage to continue that counts.†) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:Possessive of Proper Names Ending in SThat vs. Which48 Writing Prompts for Middle School Kids

The meninas essays

The meninas essays Late in his life, in 1656, Velzquez painted what is his acknowledged masterpiece, "Las Meninas" or the "Maids of Honor". Here he provided his own original essay on the nature of reality by fusing several subjects. The group portrait, the "genre" (scenes of everyday life) theme, the self-portrait, the artist in the studio and the interior... have all come together in a new and distinctive form. "The Maids of Honor" is, in fact, a series of portraits within portraits. It is first a portrait of a room: the artists studio.... Gathered in the room are the Infanta Dos space. They, in fact, may be the subject of a double portrait being painted on the canvas upon which Velzquez shows himself working the artist in his studio has been woven into the scene. "Las Meninas" hung in Phillips private office, a sure indication that it was special to him. Here, in a single image, much that was important to Phillip was ingeniously brought together. His family, his retainers (servants), his newly knighted painter, and above all, his beautiful daughter are gathered in the room that belonged to his dead son and heir. In an image both charming and melancholy, Velzquez has captured the waning years of the Spanish Hapsburgs. Velzquez died only four years later, and Phillip died in 1666. During the years...

20th-Century Genius Award Paper Essay Example | Topics and Well Written Essays - 1500 words - 2

20th-Century Genius Award Paper - Essay Example Born in Swansea, Wales, on October 27, 1914, Thomas published his first book of poetry in 1934, in which he proved his prowess in the application of poetic diction, imagery, surrealism, and personal fantasy. Critics claim that since he was a hard drinking, unreliable chanter of his own poetry, he usually remained in dispute with the contemporary world. His works, published in his teenage between 1930 and 1934, portray the struggle between crisis of his life, like finding his own identity which is typical of teenage, and himself. His musical writing style was infatuated with the sound and rhythm of words, and their manifold meanings. The richness of meaning often became illogical, and the innovatory syntax depicting celestial and sexual descriptions made his poetry somewhat hard to understand. The themes of religious uncertainty and the cycle of life and death may have arisen from some catastrophic life events, like the marriage of his love and his relationship with his father. When h e travelled to London and Wales between 1934 and 1936, the years of publication of Eighteen Poems and Twenty-five poems respectively, he met a lot of literary personalities and started an affair with the poet and novelist, Pamela Hansford Johnson, who later on got married to the novelist C.P. Snow. This incident made Thomas a heart-broken hard drinker. Thomas had always felt a lot of difficulty in writing first-rate poetry and to be considered as a poet (Poetry Foundation, 2015). This also led him to plagiarize at times. Thomas started bringing elements of sadness, war, and financial failures in his poetry when he moved to a borrowed house in Wales with his wife. When Thomas married Caitlin Macnamara in 1937, they were impoverished. They moved to Laugharne, Wales and remained there till Thomas died in 1953. The monetary troubles that they encountered, like the recurrent borrowing of

Analysis of Fund Management in China Research Paper

Analysis of Fund Management in China - Research Paper Example    Therefore, retail investment funds are a type of mutual funds where various individuals pool their asset together in order to access investment opportunities that would not be obtainable to them. Retail investment funds in China Retail investment funds have gained popularity in the emerging market because in the fifteen years ago few people were unaware of the existence of the retail investment funds (Jeffrey, 2010). Individuals could not purchase listed securities in the market because extremely few countries had the stock market and others had relatively little trading. Fund management is the management of financial assets on behalf of a client that involves the selection, buying and selling of financial assets. Meanwhile, it involves the collection and re-investment of any income from assets that deals with any certificates and paperwork (Fraser, 2011, 87). The Retail Investment Funds involve offering details of the performance of the fund to the client that involves both ret ail and wholesale.   Over the past 20 years, the retail investment retail has promoted the fund's sector in emerging markets by working closely with institutional investors, investment banks and the government regulators. Mangal and Sunil (2011, P. 190) indicate that the retail funds play a key role in mobilizing large volumes of private capital for equity investment in the stock markets and stimulate the growth of securities market in China. Meanwhile, they assist in improving small and medium-sized corporate to access external equity and get management advice. The retail investment development and opportunities are gradually spreading to most of the population in China that attaches great significance in building real estate. According to Swati (2005, 56), the global recession affected China’s economy severely, but China is creating a favorable environment for retail funds investment schemes. Recently, Chinese people stand in line to purchase retail funds, but as the numb er of retail funds increase, the situation changes.  Ã‚