profit and loss account - State Bank of Pakistan
Dealing securities are marketable securities that are acquired and held with the
intention of reselling them in the short term. Investment securities are acquired and
held for yield or capital growth purposes and are usually held maturity
Advances (Net of Provisions)
Rupees in ‘000 ...
Bermuda Monetary Authority (Collective Investment Scheme
... or established in Bermuda prior to the coming into operation of these
Regulations, shall continue under these Regulations as a Bermuda
Recognised Scheme, a Bermuda Standard Scheme or a Bermuda
Institutional Scheme, as the case may require, and everything lawfully
done by such scheme shall be of full ...
Time Consistent Multi-period Robust Risk Measures and
... Application of worst-case risk measures
Lobo and Boyd : worst-case variance, variance
uncertainty, transformed to seme-definite program
El Ghaoui et al. : worst-case VaR, mean and variance
uncertainty , transformed to SOCP
Zhu and Fukushima : worst-case CVaR, mixture
distribution u ...
Firm boundaries and buyer-supplier match in market transaction: IT
... CUs are financial institutions that provide services to their members (customers). CUs offer not only
checking and saving accounts but also a wider array of financial services including more sophisticated
saving and investment options as well as personal loans and mortgages; the specific product off ...
Management Fee Evaluation
... amended (the “1940 Act”). Section 15(f) provides a non-exclusive safe harbor for an investment adviser to an
investment company or any of its affiliated persons to receive any amount or benefit in connection with a change in
control of the investment adviser so long as two conditions are met. First, ...
Study on the remuneration provisions applicable to credit institutions
... management. Deferral of variable pay, malus arrangements and a maximum ratio for
the variable pay of risk-taking personnel are seen to be effective incentives even at
this early stage. Competitive disadvantages with regard to attracting and retaining
staff from unregulated sectors could not be verif ...
In this Rule - ACT Legislation Register
... Meeting means the venue and date upon which the Corporation is accepting Bets
Notional Dividend means in relation to an All-Up Parlay Bets the amount of
winnings accumulated following a successful Selection which is ultimately re-bet
upon the person’s Selection in the next Event of the ...
BlackBerry Receives Investment of U.S. $1 Billion from Fairfax
... by this group of preeminent, long-term investors," said Barbara Stymiest, Chair of BlackBerry's
Board. "The BlackBerry Board conducted a thorough review of strategic alternatives and
pursued the course of action that it concluded is in the best interests of BlackBerry and its
constituents, including ...
dollar cost averaging - the role of cognitive error
... ESA1 is an attempt to invest the same total amount as DCA over these three periods, but to
do so in equal share amounts. With the share price initially at $3, a reasonable approach would be
to buy 20 shares, since if prices remain at this level in periods 2 and 3 we will end up investing
exactly th ...
News from CFA Sacramento
... region for nearly 20 years. He completed his undergraduate studies at the
University of California, Davis, where he earned a Bachelor's of Science
degree in Managerial Economics. After graduating and working for several
years at State Street in portfolio accounting, his desire to transition to a
The European Commission`s Push to Consolidate and Expand ISDS
... tribunals that resolve disputes concerning the legality of sovereign conduct. ISDS does not
incorporate these safeguards, allowing instead for:
(a) case-by-case appointment of adjudicators;
(b) case-by-case (i.e. for-profit) payment of adjudicators;
(c) executive control over default case assignment ...
On the history of the Growth Optimal Portfolio
... introduced into economic theory, not as a special case of a general utility maximization
problem, but because it seems as an intuitive objective, when the investment horizon
stretches over several periods. The next section will demonstrate the importance of this
observation. For simplicity it is alw ...
Retirement Date Fund
... All you have to do is choose the fund that most closely matches the year you expect to retire from
the Florida Retirement System (FRS) Investment Plan. Diversification, asset allocation, and account
rebalancing are all done for you.
Each Retirement Date Fund is a diversified portfolio of other Inves ...
CANACCORD CAPITAL CORPORATION, DONALD GRANT
... gross commissions of at least $26,597. Only 93 of these trades were marked unsolicited. This
trading occurred when MacDonald and Dipasquale knew or ought to have known that Pryde was out
of the office and being treated for a mental health related issue. MacDonald and Dipasquale
therefore knew, or ou ...
Read full article - Harvard International Law Journal
... the free movement of transnational capital.”18 The system is constitutional
because it focuses on providing investors with vaguely worded substantive
rights, like the right to “prompt, adequate, and effective compensation” in
the event of expropriation.19 Such rights are normatively higher than dome ...
MSCI Equity Indexes February 2016 Index Review
... Without limiting any of the foregoing and to the maximum extent permitted by applicable law, in no event shall any Information Provider have any liability regarding any of the
Information for any direct, indirect, special, punitive, consequential (including lost profits) or any other damages even if ...
View the presentation.
... activity does not occur in the U.S.
Personnel in Non-U.S. manager’s U.S. office are responsible for
stock selection on an autonomous basis subject to direction and
high-level oversight by higher-level non-U.S. personnel
Because the fund is not owned by majority of U.S. persons, fund
does not tri ...
The Impacts of Capital Structure on Depth of Outreach in Sub
... to meet the “double-bottom line,” microfinance strives to not only
do-good but to pay for itself. Since MFI borrowers are charged an
interest rate on credit and sometimes fees associated with
membership, in theory, MFIs should be able to cover costs. The idea
that microfinance is a social service th ...
Form ADV Part 2
... account”) is a professionally managed investment plan in which all expenses, including
brokerage commissions, management fees, and administrative costs, are “wrapped” into a single
charge. The Wealthfront Program provides clients investment guidance, portfolio management,
and necessary basic brokera ...
FAQs by Issuers
... economy, industry, capital markets and companies. We also conduct training programs to financial sector professionals on a wide
array of technical issues. We are India's most credible provider of economy and industry research. Our industry research covers 86
sectors and is known for its rich insight ...
... established to manage the business. In addition, with the aim of further enhancing
our capability to capture and support projects in environmental, natural resources,
water and new energy industries, which are expected to show high growth, the
internal project team for these industries and Environme ...
Book CHI IPE 141 13628.indb
... crowdfunding will arise due to the amplification of information asymmetries. Whereas the asymmetry problem currently concerns the feasibility of and the creator’s ability to deliver the product, in the equity setting the asymmetry problem includes the above as well as the creator’s
ability to genera ...
2015 Preqin Sovereign Wealth Fund Review: Exclusive Extract
... important change in investment philosophy and asset allocation.
More recently, the developments in commodity markets,
particularly the decline in oil prices, are significant game
changers for a number of sovereign wealth funds. Long periods
of substantial cash in-flows, standstills in expansion, and ...
HSBC Jintrust Large Cap Equity Securities Investment Fund
... The Analysis of Top Five Precious Metal Investments by Percentage of the Fair Value in the Net Asset Value
of the Fund at the End of the Reporting Period...........................................................................................................
The Analysis of Top Five Warrant Invest ...
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.