Institute of Actuaries of India Subject SA5 – Finance May 2014 Examinations
... on the expected yield on the assets. If the yield is higher, the premium rates would be cheaper. This would be especially useful while pricing single premium and very limited pay products as assets can be locked in quickly and the risk of reinvestment is limited to the coupons rather than the renewa ...
... on the expected yield on the assets. If the yield is higher, the premium rates would be cheaper. This would be especially useful while pricing single premium and very limited pay products as assets can be locked in quickly and the risk of reinvestment is limited to the coupons rather than the renewa ...
2010-11-12 MFR Yves Smith_1
... “And people like John Paulson, who had tried to short the market, but had to go to banks which took a long time, suddenly this made it easy. The firms which were leaders in this business, could have been devised by, I have a sneaky suspicion it was Deutsche Bank.” ...
... “And people like John Paulson, who had tried to short the market, but had to go to banks which took a long time, suddenly this made it easy. The firms which were leaders in this business, could have been devised by, I have a sneaky suspicion it was Deutsche Bank.” ...
Comparing Different Asset Classes for Banking
... In lieu of having no other options, a 401(k) loan can be a viable source for short term liquidity needs when someone foresees stable employment and enough steady cash flow to service the loan over the following 5 years. The double tax created on the interest payments can often be more favorable than ...
... In lieu of having no other options, a 401(k) loan can be a viable source for short term liquidity needs when someone foresees stable employment and enough steady cash flow to service the loan over the following 5 years. The double tax created on the interest payments can often be more favorable than ...
Lower Middle Market Direct Lending
... important credit fundamentals, such as security type, structure, yield, leverage, covenants and market conditions. Beane found value in overlooked players and acquired them at a discount whereas lower middle market investors can invest in underserved smaller companies and earn a premium. Lower middl ...
... important credit fundamentals, such as security type, structure, yield, leverage, covenants and market conditions. Beane found value in overlooked players and acquired them at a discount whereas lower middle market investors can invest in underserved smaller companies and earn a premium. Lower middl ...
15 Mosec
... – Access to mainstream capital markets investors (Mutual funds, banks) • Efficient use of capital – Releases capital when securitized loans move out of the books of the lender. – Improves capital adequacy, same capital can be used to originate more loans • Efficient financing – Via securitization, i ...
... – Access to mainstream capital markets investors (Mutual funds, banks) • Efficient use of capital – Releases capital when securitized loans move out of the books of the lender. – Improves capital adequacy, same capital can be used to originate more loans • Efficient financing – Via securitization, i ...
1 | Page Author Jacob Braude is quoted as saying, “Always behave
... It is also noteworthy that each of these periods of sustained value stock under-performance were followed by periods of their remarkable out-performance over growth stocks. You can also make an argument that growth stocks are more expensive versus their growth fundamentals than they have been histor ...
... It is also noteworthy that each of these periods of sustained value stock under-performance were followed by periods of their remarkable out-performance over growth stocks. You can also make an argument that growth stocks are more expensive versus their growth fundamentals than they have been histor ...
From Stormy Expansion to Riding out the Storm: Banking
... CESEE until 2007. Following the U.S. subprime crisis, banks’ access to external funding plummeted and credit expansion ground to zero. The global financial and economic crisis that broke out in late 2008 forced credit institutions to drive down their external debt. Moreover, the collapse of the oil ...
... CESEE until 2007. Following the U.S. subprime crisis, banks’ access to external funding plummeted and credit expansion ground to zero. The global financial and economic crisis that broke out in late 2008 forced credit institutions to drive down their external debt. Moreover, the collapse of the oil ...
Risk Incentives in an Interbank Network
... market where several types of financial institutions interact. Participants in these markets are of varied nature and range from commercial banks to government sponsored enterprises (GSEs). I focus on wholesale funding markets, where financial institutions trade and hedge liquidity needs through sho ...
... market where several types of financial institutions interact. Participants in these markets are of varied nature and range from commercial banks to government sponsored enterprises (GSEs). I focus on wholesale funding markets, where financial institutions trade and hedge liquidity needs through sho ...
IAS 107 Lecture: The Great Recession - Brad DeLong
... Higher interest rates discourage investment by businesses—if they can borrow money at all... Higher interest rates raise the value of the dollar—and hence discourage exports... And foreigners’ incomes are collapsing as well, putting further downward pressure on exports... And as incomes fall, consum ...
... Higher interest rates discourage investment by businesses—if they can borrow money at all... Higher interest rates raise the value of the dollar—and hence discourage exports... And foreigners’ incomes are collapsing as well, putting further downward pressure on exports... And as incomes fall, consum ...
Market Development Funds www.AssignmentPoint.com Market
... Market Development Funds are structured in different ways depending on the brands relationship with its affiliates (Open vs. Closed networks), the destination of Co-op Funds (for direct mail, email marketing, local PPC, etc.), and segment of affiliates the brand is trying to motivate or reward (topp ...
... Market Development Funds are structured in different ways depending on the brands relationship with its affiliates (Open vs. Closed networks), the destination of Co-op Funds (for direct mail, email marketing, local PPC, etc.), and segment of affiliates the brand is trying to motivate or reward (topp ...
On technical analysis
... the formula and watch closely group 2 stocks. If earning reports come in better than expected, some of them will move up. ...
... the formula and watch closely group 2 stocks. If earning reports come in better than expected, some of them will move up. ...
NBER WORKING PAPER SERIES NON—MONETARY EFFECTS OF THE FINANCIAL
... may fail induces depositors to withdraw their money, which in turn forces liquidation of the bank's assets. The need to liquidate hastily, or to dump assets on the market when other banks are also liquidating, may generate losses that actually do cause the bank to fail. Thus the expectation of failu ...
... may fail induces depositors to withdraw their money, which in turn forces liquidation of the bank's assets. The need to liquidate hastily, or to dump assets on the market when other banks are also liquidating, may generate losses that actually do cause the bank to fail. Thus the expectation of failu ...
SEBI (Venture Capital Funds) Regulations, 1996
... ARDC credited with the first major venture capital success story when its 1957 investment of $70,000 in Digital Equipment Corporation (DEC) would be valued at over $355 million after the company's IPO in 1968 ARDC made an annualized return of 101% on the transaction ...
... ARDC credited with the first major venture capital success story when its 1957 investment of $70,000 in Digital Equipment Corporation (DEC) would be valued at over $355 million after the company's IPO in 1968 ARDC made an annualized return of 101% on the transaction ...
Discussion of “Credit Supply and the Housing Boom” by Alejandro Justiniano,
... enhancement to create low-risk instruments (AAA-rated tranches) for some clienteles, and high-risk instruments (equity ...
... enhancement to create low-risk instruments (AAA-rated tranches) for some clienteles, and high-risk instruments (equity ...
Leverage ratio
... However, the incentives created by the regulation have significant implications for capital markets activity and the leverage ratio and NSFR in particular weigh heavily on low-risk assets like cash and government securities. These assets are used as collateral for central clearing and other financin ...
... However, the incentives created by the regulation have significant implications for capital markets activity and the leverage ratio and NSFR in particular weigh heavily on low-risk assets like cash and government securities. These assets are used as collateral for central clearing and other financin ...
The European Central Bank as a lender of last resort
... intervened to provide liquidity in the government bond markets. This column asks the question: Is there such a role for the ECB as a lender of last resort? In October 2008 the ECB discovered that there is more to central banking than price stability. This discovery occurred when it was forced to mas ...
... intervened to provide liquidity in the government bond markets. This column asks the question: Is there such a role for the ECB as a lender of last resort? In October 2008 the ECB discovered that there is more to central banking than price stability. This discovery occurred when it was forced to mas ...
Inertia, switching costs, and competitive dynamics. L-D
... aggressive under the call-by-call system than under the carrier pre-selection system. For our purposes, we develop, based on Salop’s model of product differentiation, a model in which the incumbent firm can either prevail as a dominant firm or it may face weak or strong competition from other firms. ...
... aggressive under the call-by-call system than under the carrier pre-selection system. For our purposes, we develop, based on Salop’s model of product differentiation, a model in which the incumbent firm can either prevail as a dominant firm or it may face weak or strong competition from other firms. ...
Eggertsson and Woodford (2003) - notes
... - “If the commitments of policymakers regarding the rule by which interest rates will be set, on the one hand, and the rule by which total private sector claims on the government will be allowed to grow, on the other, are fully credible, then it is only the choice of those commitments that matters.” ...
... - “If the commitments of policymakers regarding the rule by which interest rates will be set, on the one hand, and the rule by which total private sector claims on the government will be allowed to grow, on the other, are fully credible, then it is only the choice of those commitments that matters.” ...
interest rates and your fixed income investments
... 2. Source: © 2017 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are r ...
... 2. Source: © 2017 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are r ...
Economic Policy Reactions
... from the counterparty – to be returned after a specified period; The transaction is treated as a ‘sale’ in which case the assets pledged, more than was necessary, can be removed from the balance sheet; Lehman Brothers would report its obligation to repurchase the securities at a fraction of the ...
... from the counterparty – to be returned after a specified period; The transaction is treated as a ‘sale’ in which case the assets pledged, more than was necessary, can be removed from the balance sheet; Lehman Brothers would report its obligation to repurchase the securities at a fraction of the ...
May 2015 - Pettinga Financial
... made over time but didn't because you weren't invested). You have to think about the cost of inaction, because not taking any action is potentially risky, too, just in a different way. When you look at it this way, you should realize you can't avoid risk. So, don't let risk just happen to you. Since ...
... made over time but didn't because you weren't invested). You have to think about the cost of inaction, because not taking any action is potentially risky, too, just in a different way. When you look at it this way, you should realize you can't avoid risk. So, don't let risk just happen to you. Since ...
IOSR Journal of Business and Management (IOSR-JBM)
... environment. However this strategy of high deposit rates according to Kraft (2000) may fail to work in newly liberalised economies with weak regulations. In his Croatian studies he found that most risk loving banks used high deposit rates to mobilise deposits, by so doing subjecting them to increase ...
... environment. However this strategy of high deposit rates according to Kraft (2000) may fail to work in newly liberalised economies with weak regulations. In his Croatian studies he found that most risk loving banks used high deposit rates to mobilise deposits, by so doing subjecting them to increase ...
federally-insured money market funds and narrow
... deposit accounts with its own special set of characteristics. The principal argument made for insuring only term-mismatched bank deposits – i.e., denying government insurance to all other cash management vehicles – is that insurance is necessary to entice savers to commit their short-term assets to ...
... deposit accounts with its own special set of characteristics. The principal argument made for insuring only term-mismatched bank deposits – i.e., denying government insurance to all other cash management vehicles – is that insurance is necessary to entice savers to commit their short-term assets to ...
Economic Le er Se 1 Introduction
... that might limit the pass-through of asset purchases to the real economy through the banking system. ...
... that might limit the pass-through of asset purchases to the real economy through the banking system. ...
the importance of capital market in economy
... The primary market has the role of placing the issuing of securities, to attract the available financial capitals on medium and long term, both on the internal capital markets, and on the international one appealing to the public economies. The secondary market – once the securities are set into ci ...
... The primary market has the role of placing the issuing of securities, to attract the available financial capitals on medium and long term, both on the internal capital markets, and on the international one appealing to the public economies. The secondary market – once the securities are set into ci ...