submission on the safety of superannuation
... superannuation to individual welfare, necessitates a vigilant approach to superannuation risk assessment in particular and systemic safety issues in general. Every individual who is required or who chooses to save for their retirement through an independently managed superannuation fund is entitled ...
... superannuation to individual welfare, necessitates a vigilant approach to superannuation risk assessment in particular and systemic safety issues in general. Every individual who is required or who chooses to save for their retirement through an independently managed superannuation fund is entitled ...
Statement of Investment Policy and Objectives
... that not voting will have a material adverse effect on investors (taking into consideration the size of the managed investment scheme’s exposure to the issuer and the proportion of the issuer held by managed investment schemes managed by Smartshares). When Smartshares votes, it will do so in what it ...
... that not voting will have a material adverse effect on investors (taking into consideration the size of the managed investment scheme’s exposure to the issuer and the proportion of the issuer held by managed investment schemes managed by Smartshares). When Smartshares votes, it will do so in what it ...
Desirable Properties of an Ideal Risk Measure in
... coherently with respect to his preferences (see, among others, Ortobelli et al (2005)). On the one hand, we do not believe that an unique risk measure could capture all aspects of an investor’s preferences. This paper distinguishes several observable financial phenomena such as the impact of aggrega ...
... coherently with respect to his preferences (see, among others, Ortobelli et al (2005)). On the one hand, we do not believe that an unique risk measure could capture all aspects of an investor’s preferences. This paper distinguishes several observable financial phenomena such as the impact of aggrega ...
Voting and engagement - VBA beleggingsprofessionals
... Institutional investors have to have a response – Building your own policy or use international codes? – Which instruments are available for implementation? Engagement led divestment – Elaboration of the latest innovations Conclusion ...
... Institutional investors have to have a response – Building your own policy or use international codes? – Which instruments are available for implementation? Engagement led divestment – Elaboration of the latest innovations Conclusion ...
Sustainable Landscapes: Investor Mapping in Asia
... Agriculture, forestry and other land use is a major source of GHG emissions, but is also a central pillar in the economies of many developing countries, making it critical to balance economic growth and climate change mitigation efforts on this sector. The study aimed to identify key investors in ...
... Agriculture, forestry and other land use is a major source of GHG emissions, but is also a central pillar in the economies of many developing countries, making it critical to balance economic growth and climate change mitigation efforts on this sector. The study aimed to identify key investors in ...
Download attachment
... shareholders by levying an articially high level of Wakalah fees. However, it occasionally happens that a company will subsidize its policyholder-participants by levying a deliberately low level of Wakalah fee, although an inadvertently low fee cannot be topped up in arrears by a supplementary fe ...
... shareholders by levying an articially high level of Wakalah fees. However, it occasionally happens that a company will subsidize its policyholder-participants by levying a deliberately low level of Wakalah fee, although an inadvertently low fee cannot be topped up in arrears by a supplementary fe ...
4212201 WFA Hedge Fund Guide
... Hedge fund managers generally seek to target a specific range of performance and attempt to produce targeted returns irrespective of the underlying trends of the stock and bond market. In an attempt to achieve this performance, hedge fund managers typically use sophisticated investment strategies an ...
... Hedge fund managers generally seek to target a specific range of performance and attempt to produce targeted returns irrespective of the underlying trends of the stock and bond market. In an attempt to achieve this performance, hedge fund managers typically use sophisticated investment strategies an ...
Mutual Funds
... The Growth of Mutual Funds (3 of 5) • There are five principal benefits of mutual funds: 1. Liquidity intermediation: investors can quickly convert investments into cash. 2. Denomination intermediation: investors can participate in equity and debt offerings that, individually, require more capital ...
... The Growth of Mutual Funds (3 of 5) • There are five principal benefits of mutual funds: 1. Liquidity intermediation: investors can quickly convert investments into cash. 2. Denomination intermediation: investors can participate in equity and debt offerings that, individually, require more capital ...
RFP NO. NM INV-001-FY16 - Public Employees Retirement
... mandate size for such services is between $100-200 million. PERA reserves the right to make a single or multiple source awards to manage the proposed product(s). PERA anticipates that the proposed product(s) under this RFP will be funded with cash. PERA may require the Offeror to transition the port ...
... mandate size for such services is between $100-200 million. PERA reserves the right to make a single or multiple source awards to manage the proposed product(s). PERA anticipates that the proposed product(s) under this RFP will be funded with cash. PERA may require the Offeror to transition the port ...
Venture Capital Fund
... in the United States of America. The form and content of each reporting entity’s financial statements are the responsibility of the entity’s management. The materials are being provided with the understanding that the information contained therein should not be construed as legal, accounting, tax or ...
... in the United States of America. The form and content of each reporting entity’s financial statements are the responsibility of the entity’s management. The materials are being provided with the understanding that the information contained therein should not be construed as legal, accounting, tax or ...
Why Hedge Funds? - CFA Institute Publications
... The first point is that we should be very careful in how we interpret broad-scale hedge fund indexes. The term “hedge fund” does not imply a homogeneous asset class but, rather, describes the way in which the fund is organized. Hedge funds include many disparate investment strategies. The first hedg ...
... The first point is that we should be very careful in how we interpret broad-scale hedge fund indexes. The term “hedge fund” does not imply a homogeneous asset class but, rather, describes the way in which the fund is organized. Hedge funds include many disparate investment strategies. The first hedg ...
AZTEC MUSEUM ASSOCIATION TRUST RESOLUTION
... Association, Inc. shall serve as an ex officio member of the Committee. The Secretary shall be permitted to contribute to the discussion of any matter considered by the Committee but shall not have any authority to cast a vote on any matter presented before the Committee. Further, the Secretary shal ...
... Association, Inc. shall serve as an ex officio member of the Committee. The Secretary shall be permitted to contribute to the discussion of any matter considered by the Committee but shall not have any authority to cast a vote on any matter presented before the Committee. Further, the Secretary shal ...
Michael Yoder - Urbana: Urban Affairs and Public Policy
... Theoretical Contribution of the Study The social science literature on globalization emphasizes four primary, interrelated aspects of the phenomenon: cultural, political, technological, and economic. The cultural side of globalization includes increased migration and the proliferation of a standardi ...
... Theoretical Contribution of the Study The social science literature on globalization emphasizes four primary, interrelated aspects of the phenomenon: cultural, political, technological, and economic. The cultural side of globalization includes increased migration and the proliferation of a standardi ...
Credit Risk Transfer
... • Original LTV ratios of less than or equal to 60% and terms less than or equal to 20 years, which have a very low risk profile given that borrowers in these products generally have significant equity; • ARM loans, which represent a small percentage of our overall business. (Note: we recently comp ...
... • Original LTV ratios of less than or equal to 60% and terms less than or equal to 20 years, which have a very low risk profile given that borrowers in these products generally have significant equity; • ARM loans, which represent a small percentage of our overall business. (Note: we recently comp ...
Choices to Address Foreign Currency Exposure
... and the declining volatility can be substantial, ranging between 1.17% and 3.18%, depending on the time period. Yet, passive hedging creates its own problems, from generating negative cash flow when the foreign currency is appreciating to subtracting return due to hedging costs. In an environment of ...
... and the declining volatility can be substantial, ranging between 1.17% and 3.18%, depending on the time period. Yet, passive hedging creates its own problems, from generating negative cash flow when the foreign currency is appreciating to subtracting return due to hedging costs. In an environment of ...
An Introduction to Asset Pricing Models
... 5. All investments are infinitely divisible, which means that it is possible to buy or sell fractional shares of any asset or portfolio. – This assumption allows us to discuss investment alternatives as continuous curves. Changing it would have little impact on the theory. ...
... 5. All investments are infinitely divisible, which means that it is possible to buy or sell fractional shares of any asset or portfolio. – This assumption allows us to discuss investment alternatives as continuous curves. Changing it would have little impact on the theory. ...
Volatility Strategies for 2016
... • Option buyers generally benefit more than option sellers… however underlying price may move up and option prices will change due to changes in volatility. • SPY and IWM vehicles should only form part of an overall option portfolio and position sizing should be appropriate. • You may combine a vola ...
... • Option buyers generally benefit more than option sellers… however underlying price may move up and option prices will change due to changes in volatility. • SPY and IWM vehicles should only form part of an overall option portfolio and position sizing should be appropriate. • You may combine a vola ...
The informal investment context - Asociación española de ciencia
... as «love money») should be excluded. Indeed, there is currently a debate ongoing in the specialist literature as to whether they should be counted as part of the informal investment market (Avdeitchikova et al., 2008). The GEM project, for instance, uses a broader definition of the term «informal in ...
... as «love money») should be excluded. Indeed, there is currently a debate ongoing in the specialist literature as to whether they should be counted as part of the informal investment market (Avdeitchikova et al., 2008). The GEM project, for instance, uses a broader definition of the term «informal in ...
Outsourcing in a Global Economy*
... tailor a component or service for the final producer’s needs. Second, the technology for search affects the cost and likelihood of finding a suitable partner. Search will be less costly and more likely successful in a country with good infrastructure for communication and transportation. Third, the t ...
... tailor a component or service for the final producer’s needs. Second, the technology for search affects the cost and likelihood of finding a suitable partner. Search will be less costly and more likely successful in a country with good infrastructure for communication and transportation. Third, the t ...
Research on SOGO SHOSHA: Origins, Establishment, and
... other hand, what also definitely contributed to earnings was profit from investment in enterprises where they didn’t retain management rights over invested companies. As you can see, the organizational change of contemporary SOGO SHOSHA has two sides which are “foray into some manufacturing business ...
... other hand, what also definitely contributed to earnings was profit from investment in enterprises where they didn’t retain management rights over invested companies. As you can see, the organizational change of contemporary SOGO SHOSHA has two sides which are “foray into some manufacturing business ...
note to staff - Towers Watson
... The Reserve Bank of Australia Officers’ Superannuation Fund (OSF) is a non-public offer, complying superannuation fund that provides benefits exclusively to employees of the Reserve Bank of Australia (RBA), Note Printing Australia Limited (NPA) and the Australian Prudential Regulation Authority. It ...
... The Reserve Bank of Australia Officers’ Superannuation Fund (OSF) is a non-public offer, complying superannuation fund that provides benefits exclusively to employees of the Reserve Bank of Australia (RBA), Note Printing Australia Limited (NPA) and the Australian Prudential Regulation Authority. It ...
The swapito strikes back - BNP Paribas GlobalMarkets
... document is non-independent research for the purpose of the UK Financial Conduct Authority rules. For the purposes of MiFID, nonindependent research constitutes a marketing communication. This document is not investment research for the purposes of MiFID. It has not been prepared in accordance with ...
... document is non-independent research for the purpose of the UK Financial Conduct Authority rules. For the purposes of MiFID, nonindependent research constitutes a marketing communication. This document is not investment research for the purposes of MiFID. It has not been prepared in accordance with ...
Revisiting The Inadvertent Investment Company
... While the topic of financial regulation has recently experienced a resurgence in interest, one area that historically has received little attention and continues to exist in relative obscurity is the application of the Investment Company Act of 1940 (the “Company Act”) to commodity pools, as opposed ...
... While the topic of financial regulation has recently experienced a resurgence in interest, one area that historically has received little attention and continues to exist in relative obscurity is the application of the Investment Company Act of 1940 (the “Company Act”) to commodity pools, as opposed ...
Policy Prescription to the Regional Disparities in the Supply
... times higher than their regional counterparts. Commercial funds managed their investee portfolio more intensely. Accordingly, the operating costs of commercial funds were 20% higher than their regional counterparts. However, when expressed as a percentage of funds under management, these costs were ...
... times higher than their regional counterparts. Commercial funds managed their investee portfolio more intensely. Accordingly, the operating costs of commercial funds were 20% higher than their regional counterparts. However, when expressed as a percentage of funds under management, these costs were ...