Tactical ETF Market Growth Strategy
... Commodity investments and derivatives may be more volatile and less liquid than direct investments in the underlying commodities themselves. Commodity-related equity returns can also be affected by the issuer's financial structure or the performance of unrelated businesses. The use of futures contra ...
... Commodity investments and derivatives may be more volatile and less liquid than direct investments in the underlying commodities themselves. Commodity-related equity returns can also be affected by the issuer's financial structure or the performance of unrelated businesses. The use of futures contra ...
What Australian Investors Need to Know to Diversify
... average number of stocks in portfolios that diversify firm-specific risk 90% of the time as opposed to achieving it on average. When we compare the year-by-year dynamic of portfolio sizes, we find that the recommended number of stocks depends upon whether markets are in distress or quiescent as well ...
... average number of stocks in portfolios that diversify firm-specific risk 90% of the time as opposed to achieving it on average. When we compare the year-by-year dynamic of portfolio sizes, we find that the recommended number of stocks depends upon whether markets are in distress or quiescent as well ...
Financial markets and growth
... markets, if they exist. Now consider an economy where these markets are just being introduced. A well-known result is that consumers will save less if their utility function has a positive third derivative - a condition that is satisfied for utility functions with constant relative risk aversion: in ...
... markets, if they exist. Now consider an economy where these markets are just being introduced. A well-known result is that consumers will save less if their utility function has a positive third derivative - a condition that is satisfied for utility functions with constant relative risk aversion: in ...
The Relationship between Firm Sizes and Stock Returns of Service
... returns of companies that so-called the size anomaly (Banz, 1981; Fama & French, 1993; Daniel & Titman, 1997). While several assumption and modification were made, Banz (1981) indicated that the negative relationship has been reinforced throughout the time by practically observing 50-year performanc ...
... returns of companies that so-called the size anomaly (Banz, 1981; Fama & French, 1993; Daniel & Titman, 1997). While several assumption and modification were made, Banz (1981) indicated that the negative relationship has been reinforced throughout the time by practically observing 50-year performanc ...
A Partial Internal Model for Credit and Market Risk Under Solvency II
... since the final cost depends strongly on stochastic events, a random loss (e.g. a catastrophe) ...
... since the final cost depends strongly on stochastic events, a random loss (e.g. a catastrophe) ...
Now you can get real world financial education
... Tuition Financing, Inc. for a child, grandchild, yourself or other loved one. ...
... Tuition Financing, Inc. for a child, grandchild, yourself or other loved one. ...
On the Proper Size of the Public Sector and the Level of
... This consideration is strengthened by observing that the North Atlantic economies have now moved into a regime in which the opposite has taken place. Real interest rates on government debt are not higher but even lower relative to growth rates than they were in the past century. Financial market par ...
... This consideration is strengthened by observing that the North Atlantic economies have now moved into a regime in which the opposite has taken place. Real interest rates on government debt are not higher but even lower relative to growth rates than they were in the past century. Financial market par ...
WIFO-Layout Century Gothic 10 Punkt
... Banks had loans that they could not call in and which were not backed by any or sufficient equity capital. The problem for the banks increased because empty houses lose their value very quickly. Now even tranches of the securitisation that had been considered relatively safe made losses. Banks were ...
... Banks had loans that they could not call in and which were not backed by any or sufficient equity capital. The problem for the banks increased because empty houses lose their value very quickly. Now even tranches of the securitisation that had been considered relatively safe made losses. Banks were ...
Blended Finance for private sector projects
... CFB is expected to provide financing in the form of senior and subordinated debt at commercial rates ...
... CFB is expected to provide financing in the form of senior and subordinated debt at commercial rates ...
Distribution Risk and Equity Returns
... sharing which gives rise to variation in factor shares. Section 3 reports the outcome of numerically solving the model and displays the impact of distribution risk in an economy with no other source of shocks. In Section 4 we add aggregate uncertainty. We show that the financial properties of the mo ...
... sharing which gives rise to variation in factor shares. Section 3 reports the outcome of numerically solving the model and displays the impact of distribution risk in an economy with no other source of shocks. In Section 4 we add aggregate uncertainty. We show that the financial properties of the mo ...
Financial Liberalization: Poverty Trap or Chaos
... either to the low steady state or to a chaotic dynamics around the high steady state. To the best of our knowledge we do not know any other models in the literature that generate the large heterogeneity in observed dynamics—volatility and poverty trap—between inherently identical economies. Theoreti ...
... either to the low steady state or to a chaotic dynamics around the high steady state. To the best of our knowledge we do not know any other models in the literature that generate the large heterogeneity in observed dynamics—volatility and poverty trap—between inherently identical economies. Theoreti ...
CME Group customer forum
... Futures and swaps trading is not suitable for all investors, and involves the risk of loss. Futures and swaps are leveraged investments, and because only a percentage of a contract’s value is required to trade, it is possible to lose more than the amount of money initially deposited for a futures an ...
... Futures and swaps trading is not suitable for all investors, and involves the risk of loss. Futures and swaps are leveraged investments, and because only a percentage of a contract’s value is required to trade, it is possible to lose more than the amount of money initially deposited for a futures an ...
Defensive or offensive?
... markets are up strongly and everybody is making money. Hence the ‘insurance’ aspect of tail-risk hedging: the overall return expectation can be negative but still worthwhile. People buy fire insurance on their houses even though they know it is expensive, simply because the event consequences are to ...
... markets are up strongly and everybody is making money. Hence the ‘insurance’ aspect of tail-risk hedging: the overall return expectation can be negative but still worthwhile. People buy fire insurance on their houses even though they know it is expensive, simply because the event consequences are to ...
Financial Innovation and Financial Fragility
... Entry of new intermediaries takes place (/customization) Management fees fall (owing to decreasing returns and entry) Income share of finance increases ...
... Entry of new intermediaries takes place (/customization) Management fees fall (owing to decreasing returns and entry) Income share of finance increases ...