This PDF is a selection from an out-of-print volume from... of Economic Research
... quiring a capital market instrument and of servicing it that is relevant. Obviously if it is more expensive for a lender to acquire and administer, ...
... quiring a capital market instrument and of servicing it that is relevant. Obviously if it is more expensive for a lender to acquire and administer, ...
URL Address
... of the financial markets necessitates high speed data processing. The accuracy of data is crucial in order to avoid losses and to manage risk, as securities brokerage business deals with thousands of millions of yen at a time. From a managerial point of view, the minimum human resources should be al ...
... of the financial markets necessitates high speed data processing. The accuracy of data is crucial in order to avoid losses and to manage risk, as securities brokerage business deals with thousands of millions of yen at a time. From a managerial point of view, the minimum human resources should be al ...
MORGAN GROUP HOLDING CO (Form: 10-Q
... insurance. On October 18, 2002, Morgan and two of its operating subsidiaries filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Indiana, South Bend Division for the purpose of conducting an orderly liquid ...
... insurance. On October 18, 2002, Morgan and two of its operating subsidiaries filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Indiana, South Bend Division for the purpose of conducting an orderly liquid ...
Passive Global Equity (inc. UK) Fund
... What is the dealing cycle? The fund is forward priced, which means that the member gets the next available price after they invest. The fund has a dealing cycle of T + 0. This means that the money received on day T buys units at the valuation date price applicable at close of business on the same da ...
... What is the dealing cycle? The fund is forward priced, which means that the member gets the next available price after they invest. The fund has a dealing cycle of T + 0. This means that the money received on day T buys units at the valuation date price applicable at close of business on the same da ...
Renuka Ramnath-led Multiples PE`s AUM cross $1
... quick exits in the past without sticking to the four to five year holding period for a PE firm. The fund marked its first full exit activity by selling its remaining stake in South Indian Bank in January 2015. This was its first full exit and it made Rs 235 crore against investment of Rs 165 crore. ...
... quick exits in the past without sticking to the four to five year holding period for a PE firm. The fund marked its first full exit activity by selling its remaining stake in South Indian Bank in January 2015. This was its first full exit and it made Rs 235 crore against investment of Rs 165 crore. ...
Asset Allocation
... 3 - For more information on some of these new developments, see Michaud (2002). ...
... 3 - For more information on some of these new developments, see Michaud (2002). ...
Gayrimenkul Yatırım Ortaklıkları - İlk Halka Arz
... The shareholders selling their share certificates will pay an approximate amount between 6.0 million YTL – 7.3 million YTL to the consortium members which amount is going to be calculated based on the underwriting and total sales price of the share certificates to be offered to the public taking int ...
... The shareholders selling their share certificates will pay an approximate amount between 6.0 million YTL – 7.3 million YTL to the consortium members which amount is going to be calculated based on the underwriting and total sales price of the share certificates to be offered to the public taking int ...
Gold ETF - Sangai Investments
... Investors are requested to note that there will be a lock - in period of 3 years for each SIP ...
... Investors are requested to note that there will be a lock - in period of 3 years for each SIP ...
IN THE MATTER OF Yufeng Zhang – Settlement Accepted
... permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms. All information about disciplinary proceedings relating to current and former member firms is available in the Enforcement section of the IIROC website. Background information regarding the ...
... permanent bars, expulsion from membership, or termination of rights and privileges for individuals and firms. All information about disciplinary proceedings relating to current and former member firms is available in the Enforcement section of the IIROC website. Background information regarding the ...
Evidence from Real Estate Private Equity
... (i.e., non-listed closed-end funds investing with a value-added or opportunistic approach in real estate) are increasingly favored by plan sponsors to gain real estate exposure outside of their home markets (Baum and Farrelly [2009]). In many cases, the legal structure or a very limited secondary ma ...
... (i.e., non-listed closed-end funds investing with a value-added or opportunistic approach in real estate) are increasingly favored by plan sponsors to gain real estate exposure outside of their home markets (Baum and Farrelly [2009]). In many cases, the legal structure or a very limited secondary ma ...
Presentazione di PowerPoint
... investment grade rating An investment grade rating was essential to Enron’s ability to enter into trading contracts with its counterparties and to maintain sufficient lines of credit with major banks. In order to maintain an investment grade rating, Enron executives were required to demonstrate that ...
... investment grade rating An investment grade rating was essential to Enron’s ability to enter into trading contracts with its counterparties and to maintain sufficient lines of credit with major banks. In order to maintain an investment grade rating, Enron executives were required to demonstrate that ...
PRESS RELEASE Announcement of scrip issue price for final
... shares, or a combination of the two. Shareholders electing for a dividend in shares, which will be paid out of the share premium reserve and therefore not subject to dividend withholding tax, will receive 1 (one) new ordinary share for every 29 (twenty nine) ordinary shares held. This equates to a p ...
... shares, or a combination of the two. Shareholders electing for a dividend in shares, which will be paid out of the share premium reserve and therefore not subject to dividend withholding tax, will receive 1 (one) new ordinary share for every 29 (twenty nine) ordinary shares held. This equates to a p ...
Property Portfolio - Falcon Real Estate Investment
... are similar to those provided by international private banks. The real estate professionals on Falcon’s staff are selected because they understand the need to provide expert real estate advice, while at the same time providing a very high level of service. This fundamental approach has successfully ...
... are similar to those provided by international private banks. The real estate professionals on Falcon’s staff are selected because they understand the need to provide expert real estate advice, while at the same time providing a very high level of service. This fundamental approach has successfully ...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... salary to be paid at a rate equal, on an annualized basis, to the highest annual salary (excluding any bonuses) in effect with respect to the Executive during the six-month period immediately preceding the termination date, and (ii) an aggregate amount equal to two times the target annual cash incen ...
... salary to be paid at a rate equal, on an annualized basis, to the highest annual salary (excluding any bonuses) in effect with respect to the Executive during the six-month period immediately preceding the termination date, and (ii) an aggregate amount equal to two times the target annual cash incen ...
Who Owns Our PFI Schemes: And Why It Matters
... paper, we show who does actually own the SPVs which run Scotland’s PFI schemes: and we also show why the question of ownership matters.1 There are eighty five PFI projects in Scotland (excluding projects reserved to Westminster), with a typical project life of 30 years. They have a total capital val ...
... paper, we show who does actually own the SPVs which run Scotland’s PFI schemes: and we also show why the question of ownership matters.1 There are eighty five PFI projects in Scotland (excluding projects reserved to Westminster), with a typical project life of 30 years. They have a total capital val ...
wiiw FDI Database – detailed description (June 2015)
... The main difference between the two presentational styles (A/L and DP) stems from the treatment of ‘reverse investments’, i.e. receivables of a foreign subsidiary vis-à-vis the parent (in the reporting country). According to the assets/liabilities concept, these receivables are added to the payables ...
... The main difference between the two presentational styles (A/L and DP) stems from the treatment of ‘reverse investments’, i.e. receivables of a foreign subsidiary vis-à-vis the parent (in the reporting country). According to the assets/liabilities concept, these receivables are added to the payables ...
U.S. Treasury Department Unveils New Reporting Requirement for
... (the “Survey Act”), the main purpose of which is to collect data to aide U.S. regulators in monitoring balance-of-payments and international investment positions, as well as to assist in the formulation of U.S. international financial and monetary policies. Among the filings under the TIC reporting ...
... (the “Survey Act”), the main purpose of which is to collect data to aide U.S. regulators in monitoring balance-of-payments and international investment positions, as well as to assist in the formulation of U.S. international financial and monetary policies. Among the filings under the TIC reporting ...
Week 8 Slides
... – Hard: The firm cannot obtain outside capital to fund all its positive NPV projects » This typically applies to small, growing firms with high insider ownership where there may be significant agency costs ...
... – Hard: The firm cannot obtain outside capital to fund all its positive NPV projects » This typically applies to small, growing firms with high insider ownership where there may be significant agency costs ...
equity method of accounting
... Objectives of this lecture • Be aware of how to account for equity investments • Be aware that investments in associates (defined as investees over which the investor has significant influence) must be accounted for by using the equity method of accounting, and know how to apply this method of acco ...
... Objectives of this lecture • Be aware of how to account for equity investments • Be aware that investments in associates (defined as investees over which the investor has significant influence) must be accounted for by using the equity method of accounting, and know how to apply this method of acco ...
T. Rowe Price Target Date Conversion Strategy
... Investment options offered in the retirement plans of different companies can vary widely, making like-fund mapping a complex and time-consuming process. With an auto-investment strategy, plan sponsors have a more streamlined method to convert plans of newly acquired companies with diverse investmen ...
... Investment options offered in the retirement plans of different companies can vary widely, making like-fund mapping a complex and time-consuming process. With an auto-investment strategy, plan sponsors have a more streamlined method to convert plans of newly acquired companies with diverse investmen ...
Financing Real Estate through Capital Markets Real Estate
... income producing real estate in the same way they typically invest in other asset classes – through the purchase and sale of liquid securities. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centres, hotels, etc. It can ...
... income producing real estate in the same way they typically invest in other asset classes – through the purchase and sale of liquid securities. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centres, hotels, etc. It can ...
New York Stock Exchange
... The credit rating agencies relied on, among other things, Enron’s public filings, including its financial statements filed with SEC, in rating Enron’s debt. In addition, members of Enron’s senior management spoke regularly with, and provided financial and other information to, representatives of cr ...
... The credit rating agencies relied on, among other things, Enron’s public filings, including its financial statements filed with SEC, in rating Enron’s debt. In addition, members of Enron’s senior management spoke regularly with, and provided financial and other information to, representatives of cr ...
investor sentiment indicator
... enhancement opportunities and wealth protection strategies. There is also a considerable difference in sentiment between HNWI and the Mass Affluent segment, with the latter more negative about their future investment intentions. Behaviourally, HNWI also adopt more active investment strategies than ...
... enhancement opportunities and wealth protection strategies. There is also a considerable difference in sentiment between HNWI and the Mass Affluent segment, with the latter more negative about their future investment intentions. Behaviourally, HNWI also adopt more active investment strategies than ...
Chapter 1
... to the highest bidder, and they can be traded as often as is desirable before they mature. In negotiated markets, the instruments are sold to one or a few buyers under private contract. Financial capital is raised when newly issued securities are sold in the primary markets. Security trading in th ...
... to the highest bidder, and they can be traded as often as is desirable before they mature. In negotiated markets, the instruments are sold to one or a few buyers under private contract. Financial capital is raised when newly issued securities are sold in the primary markets. Security trading in th ...
High Quality High Yield Select UMA Seix Advisors
... would lead to a more concentrated portfolio. The automatic rebalancing, wash sale loss and tax-harvesting features of the Select UMA program, which are not available in Fiduciary Services, also could cause differences in performance. Accordingly, the performance of the accounts in the Fiduciary Serv ...
... would lead to a more concentrated portfolio. The automatic rebalancing, wash sale loss and tax-harvesting features of the Select UMA program, which are not available in Fiduciary Services, also could cause differences in performance. Accordingly, the performance of the accounts in the Fiduciary Serv ...
Leveraged buyout
A leveraged buyout (LBO) is a transaction when a company or single asset (e.g., a real estate property) is purchased with a combination of equity and significant amounts of borrowed money, structured in such a way that the target's cash flows or assets are used as the collateral (or ""leverage"") to secure and repay the borrowed money. Since the debt (be it senior or mezzanine) has a lower cost of capital (until bankruptcy risk reaches a level threatening to the lender[s]) than the equity, the returns on the equity increase as the amount of borrowed money does until the perfect capital structure is reached. As a result, the debt effectively serves as a lever to increase returns-on-investment.The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), management buy-in (MBI), secondary buyout and tertiary buyout, among others, and can occur in growth situations, restructuring situations, and insolvencies. LBOs mostly occur in private companies, but can also be employed with public companies (in a so-called PtP transaction – Public to Private).As financial sponsors increase their returns by employing a very high leverage (i.e., a high ratio of debt to equity), they have an incentive to employ as much debt as possible to finance an acquisition. This has, in many cases, led to situations, in which companies were ""over-leveraged"", meaning that they did not generate sufficient cash flows to service their debt, which in turn led to insolvency or to debt-to-equity swaps in which the equity owners lose control over the business and the debt providers assume the equity.