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FY 2016 Results - Direct Line Group
FY 2016 Results - Direct Line Group

Invesco Diversified Dividend Ret Opt
Invesco Diversified Dividend Ret Opt

... and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future perf ...
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... First step: buy Zero Coupon Bond from bank, it sits as Senior Unsecured Debt on the bank’s main ...
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SAST - VCP Value Portfolio Summary Prospectus
SAST - VCP Value Portfolio Summary Prospectus

... Annual Portfolio Operating Expenses” shall not include extraordinary expenses (i.e., expenses that are unusual in nature and/or infrequent in occurrence, such as litigation), or acquired fund fees and expenses, brokerage commissions and other transactional expenses relating to the purchase and sale ...
IMF Global Financial Stability Report (GFSR) April 2013
IMF Global Financial Stability Report (GFSR) April 2013

... risks, thereby contributing to global financial stability and the sustained economic growth of the IMF’s member countries. Risks to financial stability have declined since the October 2012 GFSR, providing support to the economy and prompting a rally in risk assets. These favorable conditions reflect ...
Endowments, Foundations, and Investment Management
Endowments, Foundations, and Investment Management

... current, but accuracy cannot be guaranteed. This is not an offer to buy or sell any financial instruments. Past performance is not indicative of future results. All performance is net of fees. The Equity Hedge Fund Universe contains 250 Hedge Fund Managers as of September 30, 2011. ...
Columbia VP High Yield Bond 2 (USD)
Columbia VP High Yield Bond 2 (USD)

... However, despite the fact that such a relationship may exist, the information displayed for those products will not be influenced as they are objective measures and/or are derived by quantitative driven formulas (i.e., Morningstar Rating). For more information on these Morningstar relationships, ple ...
Chapter 3
Chapter 3

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... The capital adequacy of banks and banking groups is measured in terms of the requirements of the Banks Act (Act 94 of 1990, as amended) and regulations thereto. The ratio is calculated by dividing the sum of Tier 1 and Tier 2 capital by the risk-weighted assets. Cash and cash equivalents Cash and ca ...
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NBER WORKING PAPER SERIES EXPLAINING DEVIATIONS FROM UNCOVERED INTEREST PARITY Robert E. Cumby

... in the forward premium, it does not provide information about the magnitude of the risk premium or how it moves over time. ...
Supplementary Material to - University of Notre Dame
Supplementary Material to - University of Notre Dame

... the usual return-based beta representation, reinforcing the intuition behind the two-factor cash flow model and also relating the cash flow characteristics directly to the standard return-based consumption beta. Section C examines a slightly modified simple economy where the cash flow of an asset is ...
The Challenge of Derivatives - The Fordham Law Archive of
The Challenge of Derivatives - The Fordham Law Archive of

... Regulatory Incrementalism, 102 Yale LJ.1457, 1464 (1993). Consider the argument that "[nlo entirely satisfactory definition of the term 'contract' has ever been devised." John D. Calamari & Joseph M. Perillo, The Law of Contracts, § 1.1, at 1 (3d ed. 1987). Blanc notes that the term "derivatives" in ...
presentation
presentation

... These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of e ...
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Credit Constraints as a Barrier to the Entry and Post

The relative asset pricing model
The relative asset pricing model

... with each other? Could it be that CAPM proponents, and those who propose alternatives — like Black (1972), who argues for a Zero-Beta CAPM, albeit without clarity on the exact specifics of the zero-beta portfolio; Fama-French (2004) or Chen et al. (1986), who argue that additional factors beyond “ma ...
Capital Structure Policy for Government Businesses
Capital Structure Policy for Government Businesses

... The key purpose of the Financial Distribution Policy is to subject Government businesses to the discipline of making dividend payments, in recognition of the opportunity cost associated with the Government’s equity investment in its businesses. The policy also covers capital repayments, which repres ...
Master of Science in Finance
Master of Science in Finance

... designed for students with or without previous educational background in finance. Students who choose not to concentrate in a particular area of finance will follow the guidelines for the Financial Management option. However, students who wish to concentrate on a particular area of finance can choos ...
The impact of transfer pricing on real estate funding – Mezzanine financing
The impact of transfer pricing on real estate funding – Mezzanine financing

Decomposing the Effects of Financial Liberalization
Decomposing the Effects of Financial Liberalization

... annual data does not allow us to filter out fluctuations at the business cycle frequency. To deal with this issue, we modify the model to combine a growth equation estimated using five-year averages with a probit crisis model estimated at an annual frequency. The first step of the estimation - the p ...
Distress Anomaly and Shareholder Risk: International Evidence Assaf Eisdorfer
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Sustainability, Cost-Effectiveness, Fairness and Value
Sustainability, Cost-Effectiveness, Fairness and Value

... hope to maintain a comfortable lifestyle. To finance your retirement, you need a strategy of some sort. There are many retirement saving options including various types of pension plans, other savings and investments. Most strategies will combine several different types of pension plans and other fo ...
T t l d   p  t  t - The University of Chicago Booth School of Business
T t l d p t t - The University of Chicago Booth School of Business

... assess the quality of various funds. When the firm’s return is 15 or more points below the market, funds flow out quickly, as if even investors who pay little attention take notice of the fund’s poor performance. For somewhat less disastrous results (between 15 and 8 points below the market) the cur ...
NBER WORKING PAPER SERIES AND CAPITAL STRUCTURE
NBER WORKING PAPER SERIES AND CAPITAL STRUCTURE

... Risks associated with macroeconomic conditions are crucial for understanding asset prices. Naturally, they should also have important implications for corporate decisions. By introducing macroeconomic conditions into firms’ financing decisions, this paper provides a risk-based explanation for two p ...
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Systemic risk

In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entire system. It can be defined as ""financial system instability, potentially catastrophic, caused or exacerbated by idiosyncratic events or conditions in financial intermediaries"". It refers to the risks imposed by interlinkages and interdependencies in a system or market, where the failure of a single entity or cluster of entities can cause a cascading failure, which could potentially bankrupt or bring down the entire system or market. It is also sometimes erroneously referred to as ""systematic risk"".
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