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Balance of Payments Statistics: A European Perspective
Balance of Payments Statistics: A European Perspective

...  reduce systemic risks to financial stability  avoid financial distress  smooth functioning of the internal market ...
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No Slide Title

... Through the use of a financial metric (free cash flow) rather than an accounting metric (earnings) it is easier to discern those firms most likely to utilize their free cash flow intelligently for shareholder value creation.  If the return on incremental capital to be deployed in the business is eq ...
Target Outcome Funds
Target Outcome Funds

... trusts providing investors a broad complement of outcome style investments to build more robust and resilient portfolios. “Outcome investments” involve passive strategies targeting a specific risk/reward trade‐off achieved through a combination of fixed income securities and options contracts. Each ...
An Experienced View on Markets and Investing
An Experienced View on Markets and Investing

... current value of liabilities because the sponsor discounts the liability stream at the assumed expected return on the risky assets held by the fund. The sponsor should be discounting the liabilities at the expected return implied by the risk of the liabilities, not the expected return on the assets. ...
Provisions on Issues concerning the Implementation of the
Provisions on Issues concerning the Implementation of the

... (2) a form of basic information on the persons in charge; (3) an investment plan; (4) an explanation on the sources of funds; (5) an explanation on whether it has been subject to any major punishment by the regulatory authority in the latest three years or since the date when it is formed; (6) a bu ...
News Release
News Release

... services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our c ...
Provisions on Issues concerning the Implementation of the
Provisions on Issues concerning the Implementation of the

... (2) a form of basic information on the persons in charge; (3) an investment plan; (4) an explanation on the sources of funds; (5) an explanation on whether it has been subject to any major punishment by the regulatory authority in the latest three years or since the date when it is formed; (6) a bu ...
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...  However, an inflation-only hedge with a deferred interest rate hedge offers the potential opportunity to achieve real rate coverage at a more attractive combined level. However, doing so changes the nature of the overall risk exposure, which may not result in risk reduction.  Whilst it is true th ...
Comment on a National Securities Regulator
Comment on a National Securities Regulator

... persons. Both are national self-regulatory organizations (“SROs”) which obtain their regulatory jurisdiction in each province by that province’s securities commission. What that means is that each provincial securities commission enters into a recognition Order or similar instrument, setting out the ...
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Hedge funds - Bank for International Settlements

... incentive fees. In return, fund managers typically invest a substantial amount of their own money in the fund. These attributes imply constraints on the size of the fund both because of legal restrictions on the maximum number of investors and on permitted marketing channels and because the inherent ...
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inland western - SNL Financial
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... Safe Harbor Statement Forward-looking statements are statements that are not historical including statements regarding management’s intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as “believe,” “expect,” “anticipate,” ...
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1st Half 2016 Newsletter - Harpswell Capital Advisors

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fund facts - RBC Global Asset Management

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Market Eye • Fears over the eurozone resurface as Spanish bond

... are not all benefiting equally. The US is growing but below trend rate; the UK economy is flat but improving; China is slowing but by Western standards still racing along at around 7.5%; and even parts of the eurozone have been remarkably robust. However, some economists still have doubts about the ...
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VENTURE CAPITAL: CHALLENGES AND SCOPE AHEAD IN INDIA *
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... no funds raised or allocated for investment. The rest of the industry appears to be busy, `restructuring' their investment focus, making very few new investments. After a period of hectic investing, from 1998 to 2000, the Indian VC industry appears to be going through difficult times. This is a time ...
OUTER LIMITS As Funds Leverage Up, Fears of Reckoning Rise
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... interview that the torrent of money flowing into hedge funds has coincided with a troubling erosion in lending practices. The Fed, the Securities and Exchange Commission and European regulators have spent months trying to gauge the risk by gathering information from hedge funds and Wall Street firms ...
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Economist Insights What rhymes with Japan?

... Japan experienced a sharp crisis that was followed by a sustained weak economic performance, so it is easy to see why the comparison is made. For a long time the lost decade was commonly blamed on uniquely Japanese characteristics that made the economy behave this way. But blaming something unusual ...
Net investment income (Millions) 2006 2005 Public markets 4,870
Net investment income (Millions) 2006 2005 Public markets 4,870

... return was 16.4 per cent in 2006, a top-quartile performance that exceeded its benchmark return of 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 m ...
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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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