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... ports, while other funds focus on socio-economic projects, such as infrastructure development. Some funds are designed to help protect future pension obligations, while others are intended to diversify the vast wealth generated by non-renewable resources, such as oil, or to put to use vast budget su ...
Restructuring of Serbian Enterprises
Restructuring of Serbian Enterprises

... I have cut the full sample into several subsamples. The subsamples are based on: a. type of sale (auction or tender); b. whereabouts of the firm (Vojvodina, Belgrade, Central Serbia); c. type of owner (insiders or outsiders; foreign or domestic). Previous research (D’Souza & Megginson, 1999) showed ...
The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies ∗
The Great Escape? A Quantitative Evaluation of the Fed’s Non-Standard Policies ∗

... Before going further let us emphasize important limitations of the analysis. Our main objective is to understand if non-standard policy can have quantitative important implications, given the Wallace benchmark that they are irrelevant. To cast light on this question we have chosen a particular form ...
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Novo A/S invests in new fund focusing on industrial biotech
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... 55% to 130%. See Figure 4. Low ratios usually came in the summer and high ratios in the winter. In October, a trader looks at prices 15 months out and sees that propane is trading at 60% of crude in the October/November/ December deliveries. He thinks 60% is a good entry point, especially for 4Q, an ...
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Corporate Governance Screening Tool for Banking

... is required. Finally, the bank could engage a third party organization with experience in delivering such kinds of services to perform the screening on the bank’s behalf. In all cases, the decision needs to be made based on the nature of the operations of the bank and the frequency of transactions t ...
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Investment Opportunities in Sofia - Hellenic Business Council in

... Due to the shrinkage of the real estate market the municipal privatisation programme is limited. However, because of the need of income, this programme shall continue its fulfillment, with projected revenue realised by privatisation transactions of BGN 10.8 million. ...
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The Emergence Of Sovereign Wealth Funds As Contributors Of

... written about SWFs in recent times, the body of scholarly research on this topic is rather scant. In assessing the role of SWFs as important contributors of FDI in the global economy, the existing substantial body of literature on FDI provides evidence for the significance of FDI as a method of econ ...
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CFA Institute - CFA societies

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Investment Decisions and Financial Standing of Portuguese Firms

... the existence of internally generated funds, showing that firm’s investment decisions are significantly affected by internally generated funds. Nonetheless, some authors pointed that including a measure for cash flow in an investment equation cannot, by itself, be a proof of financing constraints. I ...
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Overview FTSE All-World Ex CW Climate Balanced Factor Index

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Budgeting Reforms in OECD Member Countries
Budgeting Reforms in OECD Member Countries

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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors. Investors may be institutions (insurance companies, pension funds, corporations, charities, educational establishments etc.) or private investors (both directly via investment contracts and more commonly via collective investment schemes e.g. mutual funds or exchange-traded funds).The term asset management is often used to refer to the investment management of collective investments, while the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management often within the context of so-called ""private banking"".The provision of investment management services includes elements of financial statement analysis, asset selection, stock selection, plan implementation and ongoing monitoring of investments. Coming under the remit of financial services many of the world's largest companies are at least in part investment managers and employ millions of staff.Fund manager (or investment advisor in the United States) refers to both a firm that provides investment management services and an individual who directs fund management decisions.According to a Boston Consulting Group study, the assets managed professionally for fees reached an all-time high of US$62.4 trillion in 2012, after remaining flat-lined since 2007. Furthermore, these industry assets under management were expected to reach US$70.2 trillion at the end of 2013 as per a Cerulli Associates estimate.The global investment management industry is highly concentrated in nature, in a universe of about 70,000 funds roughly 99.7% of the US fund flows in 2012 went into just 185 funds. Additionally, a majority of fund managers report that more than 50% of their inflows go to just three funds.
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