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For general ART enquiries: Peter Allen Head of Alternative Risk
For general ART enquiries: Peter Allen Head of Alternative Risk

... EU directive and agency agreement. When the current general prohibition on financial guarantee insurance is removed, syndicates should naturally ensure that all contracts are legal. For example, even without the financial guarantee restrictions, contracts for differences and gambling agreements cann ...
IM Chapter 14
IM Chapter 14

... Although earlier chapters have touched on topics from financial statement analysis, we now present a comprehensive overview of the subject. The chapter is organized into three sections. We begin by introducing a number of analytical tools. Second, measures of liquidity, credit risk, and profitabilit ...
Equilibrium Analysis of Expected Shortfall
Equilibrium Analysis of Expected Shortfall

... This article analyzes the impact of market-risk regulation on portfolio choice and assets prices. We study the impact of Expected Shortfall (ES), its partial equilibrium incentives, and the general equilibrium asset-pricing implications. This is motivated by the recent advancement in risk measuremen ...
Chapter 5 Roles for other players
Chapter 5 Roles for other players

... community will be increasingly likely to favor more sustainable companies in their investment decisions — further strengthening the business case. However in this research, access to capital was the only business benefit which did not have a strong link to any of the sustainability factors. While th ...
Fallacy of the Log-Normal Approximation to
Fallacy of the Log-Normal Approximation to

... and Stiglitz (1970). and Samuelson (1967a). Alonn with mean-variance analysis, the theory of portfolio select-ion when the distributions are Pareto-Levy ...
2012-13 Statement of Corporate Intent for Sydney Water Corporation
2012-13 Statement of Corporate Intent for Sydney Water Corporation

The Impact of Leverage on Hedge Fund Performance
The Impact of Leverage on Hedge Fund Performance

... of Ingersoll et al. (2007) and Chen (2011) suggests that researchers should use new performance measurement in the hedge fund industry. Advanced performance measurement such as the seven asset-based style (ABS) factor model of Fung and Hsieh (2004) or manipulation-proof performance model (MPPM) of I ...
Long-term Capital Market Return Assumptions
Long-term Capital Market Return Assumptions

... Investors and advisors around the world have come to rely on our assumptions to guide their strategic asset allocation and set realistic expectations for risks and returns over a 10- to 15-year time frame. The assumptions encompass more than 50 asset and strategy classes and are available in 10 base ...
Main features of Regulatory Capital instruments
Main features of Regulatory Capital instruments

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May 22, 2015 Investor Class shares to convert to Class A shares
May 22, 2015 Investor Class shares to convert to Class A shares

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What Does the New Cuban Foreign Investment Act Mean?
What Does the New Cuban Foreign Investment Act Mean?

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What is corporate governance

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Network Manager 6.1

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An Assessment of APT`s Performance on Portfolios
An Assessment of APT`s Performance on Portfolios

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12 - Cengage

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Investment and Technology Upgrade of Milk Powder Producers:
Investment and Technology Upgrade of Milk Powder Producers:

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Endowment Policy
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IOSR Journal of Economics and Finance (IOSR-JEF)
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File - get all chapter wise notes

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Dynamic analysis of bankruptcy and economic waves
Dynamic analysis of bankruptcy and economic waves

... classes for different years and economic sectors. These statistics are the dynamic measure of degrees of creditworthiness among operating enterprises. The definition of the rating and the population of firms differ according to the rating agencies. For instance the main rating agencies obtain inform ...
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Growth and Optimal Intertemporal Allocation of Risks* It has been

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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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