Statement of Additional Information
... may not invest more than 5% of its total assets in the securities of a single issuer or hold more than 10% of the voting securities of such issuer. This does not apply to investment in the securities of the U.S. Government, its agencies or instrumentalities. Under applicable federal securities laws, ...
... may not invest more than 5% of its total assets in the securities of a single issuer or hold more than 10% of the voting securities of such issuer. This does not apply to investment in the securities of the U.S. Government, its agencies or instrumentalities. Under applicable federal securities laws, ...
Member States` Competitiveness Performance and
... create an environment where entrepreneurs can fulfil their ambitions and contribute to a sustainable and balanced growth of our economies. This has been and continues to be my goal. The purpose of this annual report drafted by the Commission – pursuant to Article 173 of the Treaty – is to review and ...
... create an environment where entrepreneurs can fulfil their ambitions and contribute to a sustainable and balanced growth of our economies. This has been and continues to be my goal. The purpose of this annual report drafted by the Commission – pursuant to Article 173 of the Treaty – is to review and ...
Monthly balance sheet statistics
... These comprise private enterprises (including partnerships) and public enterprises, including the Deutsche Bahn AG, Deutsche Post AG, Deutsche Telekom AG, the Federal Office for Special Duties associated with Unification (Bundesanstalt für vereinigungsbedingte Sonderaufgaben, BVS), the Federal Agenc ...
... These comprise private enterprises (including partnerships) and public enterprises, including the Deutsche Bahn AG, Deutsche Post AG, Deutsche Telekom AG, the Federal Office for Special Duties associated with Unification (Bundesanstalt für vereinigungsbedingte Sonderaufgaben, BVS), the Federal Agenc ...
The Case Against For-Profit Charity
... I should be clear: this Article is not a criticism of Google’s choice to pursue its social agenda through a for-profit subsidiary. It is not a critique of recent “hybrid” legislation, such as benefit corporations or low-profit limited liability companies. There is nothing in this Article that questi ...
... I should be clear: this Article is not a criticism of Google’s choice to pursue its social agenda through a for-profit subsidiary. It is not a critique of recent “hybrid” legislation, such as benefit corporations or low-profit limited liability companies. There is nothing in this Article that questi ...
First Home Ownership - Productivity Commission
... housing needs of the lowest income Australians, which should be the subject of a separate public review. ...
... housing needs of the lowest income Australians, which should be the subject of a separate public review. ...
SAN DIEGO CITY EMPLOYEES` RETIREMENT SYSTEM
... reporting, and its attainment represents a significant accomplishment by a government and its management. This award continues our renewed recognition that began with the FY 2008 CAFR and is the direct result of extraordinary work by our finance, investment and legal teams. ...
... reporting, and its attainment represents a significant accomplishment by a government and its management. This award continues our renewed recognition that began with the FY 2008 CAFR and is the direct result of extraordinary work by our finance, investment and legal teams. ...
Towards a framework for calibrating macroprudential leverage limits
... Operationalising macroprudential leverage limits requires a framework to assess the potential contribution of funds to leverage-related systemic risks. Macroprudential leverage limits should limit the extent to which the use of leverage contributes to the build-up of systemic risk. This requires a f ...
... Operationalising macroprudential leverage limits requires a framework to assess the potential contribution of funds to leverage-related systemic risks. Macroprudential leverage limits should limit the extent to which the use of leverage contributes to the build-up of systemic risk. This requires a f ...
Download attachment
... Trading securities should be reported at aggregate fair value as current assets. Individual held-tomaturity and available-for-sale securities are classified as current or noncurrent depending upon the circumstances. Held-to-maturity securities generally should be classified as current or noncurrent, ...
... Trading securities should be reported at aggregate fair value as current assets. Individual held-tomaturity and available-for-sale securities are classified as current or noncurrent depending upon the circumstances. Held-to-maturity securities generally should be classified as current or noncurrent, ...
Capital Markets 2020 Will it change for good?
... than they do today. We wholeheartedly agree – this is an area of strong interest not only for the ‘participants’ (i.e. investment banks, broker-dealers, financial market utilities and the like), but also the ‘users’ (i.e. private equity firms, pension funds, hedge funds, other non-bank financial int ...
... than they do today. We wholeheartedly agree – this is an area of strong interest not only for the ‘participants’ (i.e. investment banks, broker-dealers, financial market utilities and the like), but also the ‘users’ (i.e. private equity firms, pension funds, hedge funds, other non-bank financial int ...
The Unintended Consequences of Banning Derivatives in Asset Management Alessandro Beber, Cass Business School Christophe Pérignon, HEC Paris
... outstanding and traded every day is very substantial. Why are derivatives used? In this section, we show that derivatives allow individuals and firms to achieve payoffs that they would not be able to achieve or could only achieve at much greater cost. More specifically, derivatives can be used to ...
... outstanding and traded every day is very substantial. Why are derivatives used? In this section, we show that derivatives allow individuals and firms to achieve payoffs that they would not be able to achieve or could only achieve at much greater cost. More specifically, derivatives can be used to ...
clear invest
... range of assets increases the diversification of each Multi Asset Portfolio Fund. We recommend that you diversify your investment by not putting all your ‘eggs in one basket’ and these funds allow you to do just that. Greater diversification also aims to reduce the volatility of the fund, which is a ...
... range of assets increases the diversification of each Multi Asset Portfolio Fund. We recommend that you diversify your investment by not putting all your ‘eggs in one basket’ and these funds allow you to do just that. Greater diversification also aims to reduce the volatility of the fund, which is a ...
Planning for Retirement Terrance K Martin Jr.* and Michael Finke
... Households should only hire a professional financial advisor if the expected discounted lifetime utility from using an advisor exceeds the expected utility of self-directed planning. A more comprehensive financial professional’s recommendations may incorporate any one or more of the six main plannin ...
... Households should only hire a professional financial advisor if the expected discounted lifetime utility from using an advisor exceeds the expected utility of self-directed planning. A more comprehensive financial professional’s recommendations may incorporate any one or more of the six main plannin ...
The macroeconomics of merger and acquisition attraction in the developing world.
... The foreign firm builds its own business, is entirely independent and sources all resources directly from the market (Nocke and Yeaple, 2007). ...
... The foreign firm builds its own business, is entirely independent and sources all resources directly from the market (Nocke and Yeaple, 2007). ...
Moving from private to public ownership: Selling out to
... management, then this scenario might be especially true when they have made significant investments in the firm. 3.2. Growth and the need for capital We expect the growth characteristics of the private firm to influence the choice of transition method for private-firm owners. A firm may range from b ...
... management, then this scenario might be especially true when they have made significant investments in the firm. 3.2. Growth and the need for capital We expect the growth characteristics of the private firm to influence the choice of transition method for private-firm owners. A firm may range from b ...
Using Financial Derivatives to Hedge Against Market
... therefore omitted in our model. To decrease model complexity, we apply the following ...
... therefore omitted in our model. To decrease model complexity, we apply the following ...
Fiscal developments and financial stress: a threshold VAR analysis
... macroeconomic aggregates to changes in government expenditures or revenues. In this context, the main difficulties come from the approaches used to identify the changes in fiscal policy, since both government expenditures and revenues, to some extent, automatically respond to fluctuations in economic ac ...
... macroeconomic aggregates to changes in government expenditures or revenues. In this context, the main difficulties come from the approaches used to identify the changes in fiscal policy, since both government expenditures and revenues, to some extent, automatically respond to fluctuations in economic ac ...
Entitlement Reform - Victoria University of Wellington
... than later would be beneficial. As a quick illustration, the Office for National Statistics has estimated that in the United Kingdom net government debt will increase from 74.3 per cent of GDP to 89.0 per cent between 2016 and 2061. If the government is assumed to have a target for debt to be no hig ...
... than later would be beneficial. As a quick illustration, the Office for National Statistics has estimated that in the United Kingdom net government debt will increase from 74.3 per cent of GDP to 89.0 per cent between 2016 and 2061. If the government is assumed to have a target for debt to be no hig ...
words
... “Company”) in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, do not include all information and notes normally provided in audited financial statements. In the opinion of management, all adjustment ...
... “Company”) in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, do not include all information and notes normally provided in audited financial statements. In the opinion of management, all adjustment ...
Ergp common position on cost allocation rules
... common position as regards the scope of regulatory accounting, the classification of costs on allocation rules and the verification of the accuracy and reliability of the regulatory accounts, to obtain a satisfactory cost allocation, in particular as regards common costs. The common position starts ...
... common position as regards the scope of regulatory accounting, the classification of costs on allocation rules and the verification of the accuracy and reliability of the regulatory accounts, to obtain a satisfactory cost allocation, in particular as regards common costs. The common position starts ...
Blackham Resources Limited Waltzing Matilda
... considerable resource base. At this stage, we have modeled 2 years of production from the sulphide resource base but highlight the good potential for extensions beyond our current assumptions. Valuation Our A$0.75/sh price target is underpinned by the Matilda gold project (NPV10%) net of corporate a ...
... considerable resource base. At this stage, we have modeled 2 years of production from the sulphide resource base but highlight the good potential for extensions beyond our current assumptions. Valuation Our A$0.75/sh price target is underpinned by the Matilda gold project (NPV10%) net of corporate a ...
German Financial System
... The research leading to these results has received funding from the European Union Seventh Framework Programme (FP7/2007-2013) under grant agreement n° 266800. ...
... The research leading to these results has received funding from the European Union Seventh Framework Programme (FP7/2007-2013) under grant agreement n° 266800. ...
STUDY ON MERGERS: A RATIONALE FOR CONGLOMERATE MERGERS by NICOLAS S. MAJLUF Engineering, Universidad Catolica de Chile
... the business environment. They correspond to the combination of two (or more) firms into a unique business concern. This study is grounded on the notion that looking at mergers from a financial point of view may provide a valid platform for analyzing merger movements. The fundamental development of ...
... the business environment. They correspond to the combination of two (or more) firms into a unique business concern. This study is grounded on the notion that looking at mergers from a financial point of view may provide a valid platform for analyzing merger movements. The fundamental development of ...
Letting the market down?
... • Although the general outlook is for reasonable economic growth and steady but subdued house price growth, there are significant downside risks to the property market including Brexit, Trump, interest rate rises and falls in prime London property • The private rented sector has become increasingly ...
... • Although the general outlook is for reasonable economic growth and steady but subdued house price growth, there are significant downside risks to the property market including Brexit, Trump, interest rate rises and falls in prime London property • The private rented sector has become increasingly ...
Valuation: Part I Discounted Cash Flow Valuation
... While risk is usually defined in terms of the variance of actual returns around an expected return, risk and return models in finance assume that the risk that should be rewarded (and thus built into the discount rate) in valuation should be the risk perceived by the marginal investor in the investm ...
... While risk is usually defined in terms of the variance of actual returns around an expected return, risk and return models in finance assume that the risk that should be rewarded (and thus built into the discount rate) in valuation should be the risk perceived by the marginal investor in the investm ...
POLAND 2015 ECONOMY
... Revenues from privatisation and budgetary revenues from dividends _________________ Ownership transformations in 2015 ____________________________________________ Small business development _________________________________________________ ...
... Revenues from privatisation and budgetary revenues from dividends _________________ Ownership transformations in 2015 ____________________________________________ Small business development _________________________________________________ ...