Japan`s Cross-Shareholding Legacy: the Financial Impact on Banks
... Liquidating shareholdings through sales is the most direct way for Japanese banks to minimize the risk posed by exposure to equity markets, and banks have used this approach to reduce net equity investments since the mid1990s. But liquidation through sales can be somewhat problematic for a number of ...
... Liquidating shareholdings through sales is the most direct way for Japanese banks to minimize the risk posed by exposure to equity markets, and banks have used this approach to reduce net equity investments since the mid1990s. But liquidation through sales can be somewhat problematic for a number of ...
binarynvest
... or not) is permitted actively to distribute, within the territory of Belgium, via an electronic trading system, binary options or any other derivative instruments whose maturity is less than one hour and/or that directly or indirectly use leverage (including forex derivatives and CFDs). Finally, apa ...
... or not) is permitted actively to distribute, within the territory of Belgium, via an electronic trading system, binary options or any other derivative instruments whose maturity is less than one hour and/or that directly or indirectly use leverage (including forex derivatives and CFDs). Finally, apa ...
Jonathan R. Baum Chairman and Chief Executive Officer
... Clinical Professor of Global Commerce, Strategy and Leadership, he is teaching courses in investments, investment banking, strategy, international relations and leadership. At the 2009 commencement ceremony he received the Lindback Award for distinguished teaching. His thinking has been published by ...
... Clinical Professor of Global Commerce, Strategy and Leadership, he is teaching courses in investments, investment banking, strategy, international relations and leadership. At the 2009 commencement ceremony he received the Lindback Award for distinguished teaching. His thinking has been published by ...
Presentation title here in Arial 32pt
... This presentation is for information purposes only and it is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Schroders has expressed its own views and opinions in this document and the ...
... This presentation is for information purposes only and it is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Schroders has expressed its own views and opinions in this document and the ...
Time to Take Stock Brochure - Franklin Templeton Investments
... All investments involve risk, including possible loss of principal. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. Investing in dividend-paying stocks involves risks. Companies ...
... All investments involve risk, including possible loss of principal. Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions. Investing in dividend-paying stocks involves risks. Companies ...
Test Presentation Line 2
... Epworth range of funds • Common Investment and Common Deposit Funds ◦ Affirmative Equity Fund ◦ Affirmative Fixed Interest Fund ◦ Affirmative Corporate Bond Fund ◦ Affirmative Deposit Fund • UCITS Umbrella Unit Trust Scheme ◦ Epworth UK Equity Fund ◦ Epworth European Fund ...
... Epworth range of funds • Common Investment and Common Deposit Funds ◦ Affirmative Equity Fund ◦ Affirmative Fixed Interest Fund ◦ Affirmative Corporate Bond Fund ◦ Affirmative Deposit Fund • UCITS Umbrella Unit Trust Scheme ◦ Epworth UK Equity Fund ◦ Epworth European Fund ...
Research conflict of interest disclosure
... (4) Equity interests or income from investment vehicles, such as mutual funds and retirement accounts, so long as the Employee does not directly control the investment decisions made in these vehicles. (5) Travel reimbursed or sponsored by public or non-profit entities (6) Salary, royalties or other ...
... (4) Equity interests or income from investment vehicles, such as mutual funds and retirement accounts, so long as the Employee does not directly control the investment decisions made in these vehicles. (5) Travel reimbursed or sponsored by public or non-profit entities (6) Salary, royalties or other ...
One Hat Too Many? Investment Desegregation in Private Equity
... options, credit instruments, and other derivatives. The Blackstone Group, Apollo Management, Kohlberg Kravis Roberts & Co., The Carlyle Group, and other buyout firms have recently launched new funds that specialize in such alternative investment strategies. These new investments undoubtedly make fin ...
... options, credit instruments, and other derivatives. The Blackstone Group, Apollo Management, Kohlberg Kravis Roberts & Co., The Carlyle Group, and other buyout firms have recently launched new funds that specialize in such alternative investment strategies. These new investments undoubtedly make fin ...
Audited group results for the year ended 30 June 2003
... approximately 25% of the Company"s total operating costs while about 45% of total operating costs are linked directly to the US Dollar exchange rate. The 7% revenue growth was encouraging in a market characterised by general overcapacity placing yields and load factors under pressure. Cash generated ...
... approximately 25% of the Company"s total operating costs while about 45% of total operating costs are linked directly to the US Dollar exchange rate. The 7% revenue growth was encouraging in a market characterised by general overcapacity placing yields and load factors under pressure. Cash generated ...
agenda for a new strategy of equity financing by the islamic
... The dividend yielding companies in the portfolio have not only out-performed the overall yield on IDB assets in the matter of range of return; they have also built-up underlying strength in the net worth of shares which is manifested in the overall appreciation in the book value of shares by 27.82 p ...
... The dividend yielding companies in the portfolio have not only out-performed the overall yield on IDB assets in the matter of range of return; they have also built-up underlying strength in the net worth of shares which is manifested in the overall appreciation in the book value of shares by 27.82 p ...
RBC Multi-Strategy Alpha Fund
... their professional advisors and consultants regarding any tax, accounting, legal or financial considerations before making a decision as to whether the funds mentioned in this material are a suitable investment for them. Commissions, trailing commissions, management fees and expenses all may be asso ...
... their professional advisors and consultants regarding any tax, accounting, legal or financial considerations before making a decision as to whether the funds mentioned in this material are a suitable investment for them. Commissions, trailing commissions, management fees and expenses all may be asso ...
Lecture 2
... simply be captured by private shareholders . This in turn will reduce the risk that special privileges will be short-lived. ...
... simply be captured by private shareholders . This in turn will reduce the risk that special privileges will be short-lived. ...
Standards for Bond Communication
... are instances when the amount, relevance and timeliness of the information provided by the issuer utterly fail to meet investor expectations as to good bond communication. This applies to frequent borrowers and first-time issuers as well as issue-related communication and interim reporting. Investor ...
... are instances when the amount, relevance and timeliness of the information provided by the issuer utterly fail to meet investor expectations as to good bond communication. This applies to frequent borrowers and first-time issuers as well as issue-related communication and interim reporting. Investor ...
Primary Market Liquidity Vs. Secondary Market Liquidity
... Primary Market Liquidity Vs. Secondary Market Liquidity When thinking about Exchange Traded Funds ...
... Primary Market Liquidity Vs. Secondary Market Liquidity When thinking about Exchange Traded Funds ...
European Fund for Strategic Investment (EFSI) and EFSI
... • “EIB Special Activities” refers to EIB operations which are riskier than those normally accepted by the EIB • EFSI mobilises investment by increasing the availability of “higher risk” financing to worthwhile projects, addressing their financing needs and crowding-in other financiers • The EIB’s sc ...
... • “EIB Special Activities” refers to EIB operations which are riskier than those normally accepted by the EIB • EFSI mobilises investment by increasing the availability of “higher risk” financing to worthwhile projects, addressing their financing needs and crowding-in other financiers • The EIB’s sc ...
With regards to Section 33, Affirmative Action, our standard practice
... We note that you are looking for an investment manager that exceeds the S & P 500 by 80 bps net of fees. We will be presenting our composite track record as a proof statement, however we would like to confirm if you will be looking at a certain time period or as of date? Would you consider a manager ...
... We note that you are looking for an investment manager that exceeds the S & P 500 by 80 bps net of fees. We will be presenting our composite track record as a proof statement, however we would like to confirm if you will be looking at a certain time period or as of date? Would you consider a manager ...
US Securities Law Issues in Tender Offers for Foreign Companies
... set of exemptions from the US tender o=er rules and US securities registration requirements (see Release “Cross-Border Tender and Exchange Offers, Business Combinations and Rights Offerings,” Release Nos. 33-7759, 34-42054, 39-2378, International Series Release No. 1208). These exemptions, known as ...
... set of exemptions from the US tender o=er rules and US securities registration requirements (see Release “Cross-Border Tender and Exchange Offers, Business Combinations and Rights Offerings,” Release Nos. 33-7759, 34-42054, 39-2378, International Series Release No. 1208). These exemptions, known as ...
doc - Full-Throttle Communications
... effective immediately. “We look forward to working with Chris Marks as a member of our Board of Directors,” said Company President Kenneth D. Trbovich. “Chris brings over 25 years of financial analysis, business management, and succession planning experience to Servotronics.” Mr. Marks is a partner ...
... effective immediately. “We look forward to working with Chris Marks as a member of our Board of Directors,” said Company President Kenneth D. Trbovich. “Chris brings over 25 years of financial analysis, business management, and succession planning experience to Servotronics.” Mr. Marks is a partner ...
dynamic allocation - Astor Investment Management
... The Composite can purchase ETFs with exposure to equities, fixed income, commodities, currencies, developed/emerging international markets, real estate, and specific sectors. The underlying investments of these ETFs will have different risks. Equity prices can fluctuate for a variety of reasons incl ...
... The Composite can purchase ETFs with exposure to equities, fixed income, commodities, currencies, developed/emerging international markets, real estate, and specific sectors. The underlying investments of these ETFs will have different risks. Equity prices can fluctuate for a variety of reasons incl ...
Governance of EIRIS
... • Our analysts are frequently called upon for their expertise in methodology development, reporting standards and social & environmental best practice • We can build customized teams according to the specific needs of the client – ensuring a high level of competency and project specific solutions • ...
... • Our analysts are frequently called upon for their expertise in methodology development, reporting standards and social & environmental best practice • We can build customized teams according to the specific needs of the client – ensuring a high level of competency and project specific solutions • ...
CHAPTER 12
... 51% of the voting shares, and therefore can’t control the investee, but can exercise “significant influence” over the operating and financial policies of an investee. It should be presumed, in the absence of evidence to the contrary, that the investor exercises significant influence over the investe ...
... 51% of the voting shares, and therefore can’t control the investee, but can exercise “significant influence” over the operating and financial policies of an investee. It should be presumed, in the absence of evidence to the contrary, that the investor exercises significant influence over the investe ...
Co-investments in funds of funds and separate accounts
... and accelerated capital deployment. Because coinvesting is done either free of management fee and carried interest, or at substantially reduced rates, the LP will, by definition, improve its net investment returns relative to a programme that invests exclusively in funds. The improvement in net retu ...
... and accelerated capital deployment. Because coinvesting is done either free of management fee and carried interest, or at substantially reduced rates, the LP will, by definition, improve its net investment returns relative to a programme that invests exclusively in funds. The improvement in net retu ...
Where Does Underwriting Fit in the Acquisition Process
... An LOI is signed giving buyer exclusive right to purchase the asset for a period of time and the buyer’s puts up a deposit (typically 10% of the purchase price). Buyer & seller begin negotiating PSA ...
... An LOI is signed giving buyer exclusive right to purchase the asset for a period of time and the buyer’s puts up a deposit (typically 10% of the purchase price). Buyer & seller begin negotiating PSA ...
Notice Concerning Debt Financing
... 1.The basic interest rate applicable to a computation period of interest which is paid on the Interest Payment Date (JBA one month JPY TIBOR) is determined two business days prior to the previous Interest Payment Date. For the basic interest rate (JBA one month JPY TIBOR), please see the website of ...
... 1.The basic interest rate applicable to a computation period of interest which is paid on the Interest Payment Date (JBA one month JPY TIBOR) is determined two business days prior to the previous Interest Payment Date. For the basic interest rate (JBA one month JPY TIBOR), please see the website of ...
Exploiting Inefficiencies Across Asset Classes, Globally
... First, at the underlying fund level there is the inefficiencies within the underlying asset class in which the CEF invests. The extent of these inefficiencies will vary via asset class. For example, inefficiencies are likely to be small in a US Large Cap Equity but may be much larger in say European ...
... First, at the underlying fund level there is the inefficiencies within the underlying asset class in which the CEF invests. The extent of these inefficiencies will vary via asset class. For example, inefficiencies are likely to be small in a US Large Cap Equity but may be much larger in say European ...
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.