tactical timing of low volatility equity strategies
... Many investors we speak to are interested in making a strategic allocation to low volatility equities to help them better meet their investment objectives. The appeal of this strategy is clear. Low volatility stocks have historically delivered higher returns with lower risk than the capitalization-w ...
... Many investors we speak to are interested in making a strategic allocation to low volatility equities to help them better meet their investment objectives. The appeal of this strategy is clear. Low volatility stocks have historically delivered higher returns with lower risk than the capitalization-w ...
Shadow Banking: Economics and Policy
... intermediation. Both assist in intermediating funds from savers to investors, and both involve risk transformation. After describing these two main functions, the paper reviews their economic values, highlighting how they cater to various demands. The securitization function, operating through the p ...
... intermediation. Both assist in intermediating funds from savers to investors, and both involve risk transformation. After describing these two main functions, the paper reviews their economic values, highlighting how they cater to various demands. The securitization function, operating through the p ...
hpy stock
... An increase in the firm's beta Adding more financial debt to the firm's balance sheet relative to equity Changing the business strategy to include new product lines with more volatile expected cash flows Investors perceive the stock as being more risky An increase in the risk-free required rate of r ...
... An increase in the firm's beta Adding more financial debt to the firm's balance sheet relative to equity Changing the business strategy to include new product lines with more volatile expected cash flows Investors perceive the stock as being more risky An increase in the risk-free required rate of r ...
Manulife Financial Corporation announces Preferred Share issue
... exemption from such registration requirements. This press release does not constitute an offer to sell or a solicitation to buy securities in the United States and any public offering of the securities in the United States must be made by means of a prospectus. About Manulife Manulife Financial Corp ...
... exemption from such registration requirements. This press release does not constitute an offer to sell or a solicitation to buy securities in the United States and any public offering of the securities in the United States must be made by means of a prospectus. About Manulife Manulife Financial Corp ...
PSX Investor Guide
... demands constant attention. Well-planned investment alone can ensure that it both retains its value and can be used to meet our particular financial requirements. The dynamics of economic growth provide various opportunities for us to profit by. ...
... demands constant attention. Well-planned investment alone can ensure that it both retains its value and can be used to meet our particular financial requirements. The dynamics of economic growth provide various opportunities for us to profit by. ...
LINCOLN NATIONAL CORP
... the Plan Document or information to which we have referred you. We have not authorized anyone to provide you with information that is different. We are not making an offer of these securities in any state or jurisdiction where the offer is not permitted. The information contained or incorporated by ...
... the Plan Document or information to which we have referred you. We have not authorized anyone to provide you with information that is different. We are not making an offer of these securities in any state or jurisdiction where the offer is not permitted. The information contained or incorporated by ...
Comovement and Predictability Relationships Between
... returns on government bonds. This cross-sectional focus complements Fama and French’s stock-index-level tests and delivers strong evidence that the expected returns of stocks and bonds are firmly linked. We offer a preliminary assessment of the drivers of these patterns. We consider three general, n ...
... returns on government bonds. This cross-sectional focus complements Fama and French’s stock-index-level tests and delivers strong evidence that the expected returns of stocks and bonds are firmly linked. We offer a preliminary assessment of the drivers of these patterns. We consider three general, n ...
The Return of the Home State and the Rise of `Embedded` Investor
... (mis)interpretations in the exploding arbitral case law. According to these authors, the current trajectory of investment treaty-making is about (i) placing a check on tribunals’ discretion and (ii) striking a balance between the protection of investors abroad and the right to regulate at home. Int ...
... (mis)interpretations in the exploding arbitral case law. According to these authors, the current trajectory of investment treaty-making is about (i) placing a check on tribunals’ discretion and (ii) striking a balance between the protection of investors abroad and the right to regulate at home. Int ...
View Marcia Wagner`s PowerPoint presentation here
... ◦ DOL appears to be expecting BD firms to change their payout grid for reps ◦ For example, payouts to rep may vary for different investment categories, but not for similar investments in same category (such as VAs) ...
... ◦ DOL appears to be expecting BD firms to change their payout grid for reps ◦ For example, payouts to rep may vary for different investment categories, but not for similar investments in same category (such as VAs) ...
FS - Midas Gold Corp.
... assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in ...
... assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in ...
Long-Run Stock Returns: Participating in the
... total return of equity. The bulk of the return is attributable to dividend payments and nominal earnings growth (including inflation and real earnings growth). Third, the increase in the equity market relative to economic productivity can be more than fully attributed to the increase in the P/E. Fou ...
... total return of equity. The bulk of the return is attributable to dividend payments and nominal earnings growth (including inflation and real earnings growth). Third, the increase in the equity market relative to economic productivity can be more than fully attributed to the increase in the P/E. Fou ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... itilerinediaries, on one hand, and a comparable national total, on the other. These ratios are nothing but an arithmetic relation between a numerator and a denominator which are not comrnei. suraljie. While they are easier to calculate than more appropriate ratios, and probably are more familiar, th ...
... itilerinediaries, on one hand, and a comparable national total, on the other. These ratios are nothing but an arithmetic relation between a numerator and a denominator which are not comrnei. suraljie. While they are easier to calculate than more appropriate ratios, and probably are more familiar, th ...
2003 Report as a word document
... The pension cost for the scheme was £7,601,000 which includes £4,354,000 in respect of the amortisation of deficit, which will be spread over 9.5 years being the average remaining service lives of the active members. A prepayment of £425,000 (in 2002 £638,000) has been included on the Balance Sheet. ...
... The pension cost for the scheme was £7,601,000 which includes £4,354,000 in respect of the amortisation of deficit, which will be spread over 9.5 years being the average remaining service lives of the active members. A prepayment of £425,000 (in 2002 £638,000) has been included on the Balance Sheet. ...
The UK`s Environment Agency Pension Fund (EAPF)
... the MSCI World Low Carbon Target Index as the benchmark for its global passive equities portfolio. EAPF’s allocation to this portion of their portfolio is approximately £280m, constituting over 10% of the EAPF’s reported assets, and its entire market capitalization-based global passive equities. Mar ...
... the MSCI World Low Carbon Target Index as the benchmark for its global passive equities portfolio. EAPF’s allocation to this portion of their portfolio is approximately £280m, constituting over 10% of the EAPF’s reported assets, and its entire market capitalization-based global passive equities. Mar ...
Long Term Capital Gains Tax Strategies
... Sufficient Gains on Investment to Cover Cost of Put Assume an investor owns a security, which created paper profit over part of a year holding period, but he/she believes the security value will fall during the remainder of the year, reducing or eliminating the paper profit. The investor wants to ta ...
... Sufficient Gains on Investment to Cover Cost of Put Assume an investor owns a security, which created paper profit over part of a year holding period, but he/she believes the security value will fall during the remainder of the year, reducing or eliminating the paper profit. The investor wants to ta ...
Analysis of stock performance based on
... The objective of this thesis is to examine the validity of enterprise value/earnings before interest and tax (EV/EBIT) and return on invested capital (RoIC) as a screening tool to select stocks. The various ways of improving the selection process is an integral part of investing, and therefore this ...
... The objective of this thesis is to examine the validity of enterprise value/earnings before interest and tax (EV/EBIT) and return on invested capital (RoIC) as a screening tool to select stocks. The various ways of improving the selection process is an integral part of investing, and therefore this ...
Home bias and international risk sharing
... • Average amount of income risk sharing by country i is 1 - K0 - K1gi1 • k was allowed to change over time where EHB is equity home bias for country i in time t and EHBt is the average across countries at time t • 1 – k measures amount of risk sharing obtained in period t by country i with equity ho ...
... • Average amount of income risk sharing by country i is 1 - K0 - K1gi1 • k was allowed to change over time where EHB is equity home bias for country i in time t and EHBt is the average across countries at time t • 1 – k measures amount of risk sharing obtained in period t by country i with equity ho ...
annual debt financing strategy
... 2) Global Economic Prospects – Forecasts: Worldbank.org (accessed December 15, 2014) 3) Economic Forecasts, ADB: Bloomberg.com (accessed December 15, 2014) 4) Economic Forecasts, IMF: Bloomberg.com (accessed December 15, 2014) 5) Economic Forecasts, OECD: Bloomberg.com (accessed December 15, 2014) 6 ...
... 2) Global Economic Prospects – Forecasts: Worldbank.org (accessed December 15, 2014) 3) Economic Forecasts, ADB: Bloomberg.com (accessed December 15, 2014) 4) Economic Forecasts, IMF: Bloomberg.com (accessed December 15, 2014) 5) Economic Forecasts, OECD: Bloomberg.com (accessed December 15, 2014) 6 ...
The Impact of Risk Controls and Strategy-Specific Risk Diversification on Extreme Risk
... cap-weighted indices do not represent efficient portfolios. Three main reasons for this have been identified: (i) cap-weighting results in significant concentration; (ii) from a portfolio construction perspective, cap-weighting ignores correlations between stocks; and (iii) cap-weighted indices are ...
... cap-weighted indices do not represent efficient portfolios. Three main reasons for this have been identified: (i) cap-weighting results in significant concentration; (ii) from a portfolio construction perspective, cap-weighting ignores correlations between stocks; and (iii) cap-weighted indices are ...