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Is China Changing?
Is China Changing?

... Now there is evidence of a shift from investment to consumption. Data from the NBS indicate that during 2011 and 2012 consumption expenditure contributed 56 per cent and 52 per cent of growth respectively, while investment contributed 49 and 50 per cent. The global recession had resulted in a negati ...
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PRESCIENT GLOBAL POSITIVE RETURN (EURO) FUND
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... $55 billion, with residential housing and venture capital the most common ETI programs.5 Because mortgage-backed securities are safe and easily traded, public pension funds have made housing an important part of their ETI programs. According to the U.S. General Accounting Office (GAO), almost one-th ...
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... I  start  by  estimating  equation  (1),  which  does  not  differentiate  between  normal  recessions  and  banking crises, and find that there is evidence that growth in business investments in recoveries is  moderately  stronger  the  deeper  the  previous  recession  was.  The  parameter  estima ...
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Saving and Investing in the New Economy

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7th International Conference on Accounting and Finance (ICAF)
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... conflicting purposes. They need to create conditions that are attractive to foreign investors. On the other hand, they need to ensure that future regulatory measures are possible since future regulation may be warranted to find an appropriate response to crises such as a financial crisis, a food cri ...
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Traditional Investment Alternatives (cont`d)

... How Securities Are Bought and Sold • Securities are usually exchanged with the help of an account executive or stockbroker • The primary market – A market in which an investor purchases financial securities (via an investment bank) directly from the issuer of those securities • Investment banking f ...
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... for ICT companies to enter the banking business. Therefore, the FSC will ease the restriction on shareholding by non-financial companies from the current level of 4% to 50% for Internet-only banks. Supplementary measures will be devised to pre-empt possible side effects of easing the shareholding re ...
Net investment income (Millions) 2006 2005 Public markets 4,870
Net investment income (Millions) 2006 2005 Public markets 4,870

... 13.7 per cent. This is the fourth year in a row in which OMERS has achieved a double-digit return, earning net investment income for 2006 of $6.5 billion, compared with $5.5 billion in 2005. The fair market value of net assets increased 15.9 per cent, to total $47.6 billion as at December 31, 2006, ...
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Investment banking

An investment bank is a financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of securities (or both). An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, and FICC services (fixed income instruments, currencies, and commodities).Unlike commercial banks and retail banks, investment banks do not take deposits. From 1933 (Glass–Steagall Act) until 1999 (Gramm–Leach–Bliley Act), the United States maintained a separation between investment banking and commercial banks. Other industrialized countries, including G7 countries, have historically not maintained such a separation. As part of the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act of 2010), the Volcker Rule asserts full institutional separation of investment banking services from commercial banking.The two main lines of business in investment banking are called the sell side and the buy side. The ""sell side"" involves trading securities for cash or for other securities (e.g. facilitating transactions, market-making), or the promotion of securities (e.g. underwriting, research, etc.). The ""buy side"" involves the provision of advice to institutions concerned with buying investment services. Private equity funds, mutual funds, life insurance companies, unit trusts, and hedge funds are the most common types of buy side entities.An investment bank can also be split into private and public functions with an information barrier which separates the two to prevent information from crossing. The private areas of the bank deal with private insider information that may not be publicly disclosed, while the public areas such as stock analysis deal with public information.An advisor who provides investment banking services in the United States must be a licensed broker-dealer and subject to U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) regulation.
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