Atlantia Low risk, high return
... (substantially in line with our former TP of EUR 28.65) is supported by a combination of limited downside risk and good potential upside. Green light to the new tariff scheme expected in the next few months. Independent from the outcome of the mid-April general elections, one of the priorities of th ...
... (substantially in line with our former TP of EUR 28.65) is supported by a combination of limited downside risk and good potential upside. Green light to the new tariff scheme expected in the next few months. Independent from the outcome of the mid-April general elections, one of the priorities of th ...
RESEARCH DISCUSSION PAPER A Survey of Housing
... typically inject equity). The trend of increased housing equity withdrawal evident in a number of countries over the past decade or so has prompted a number of surveys to help better understand this development. Many of these had a narrow focus on housing equity withdrawal not related to property tr ...
... typically inject equity). The trend of increased housing equity withdrawal evident in a number of countries over the past decade or so has prompted a number of surveys to help better understand this development. Many of these had a narrow focus on housing equity withdrawal not related to property tr ...
Successful Activist Board Engagement
... intervention. The long-term underperformance asserted by supporters of the myopic activism claim, and the resulting losses to long-term shareholders due to activist interventions, are not found in the data. Moreover, we find target firms that granted at least one board seat to an activist hedge fun ...
... intervention. The long-term underperformance asserted by supporters of the myopic activism claim, and the resulting losses to long-term shareholders due to activist interventions, are not found in the data. Moreover, we find target firms that granted at least one board seat to an activist hedge fun ...
Accelerating Startups in Emerging Markets
... Combining longitudinal venture-level data with qualitative insights from entrepreneurs, program managers, and investors, we find, at the most general level, that the two country contexts may not be as different as many people believe. When trying to stimulate the growth of promising ventures, the em ...
... Combining longitudinal venture-level data with qualitative insights from entrepreneurs, program managers, and investors, we find, at the most general level, that the two country contexts may not be as different as many people believe. When trying to stimulate the growth of promising ventures, the em ...
The Stock Market, Credit, and Capital Formation
... it has begun. The reasoning behind would run somewhat as follows: "If the credits were taken up by the stock exchange, the stock exchange was obviously able to outbid the other potential borrowers by paying a higher rate of interest, and it was undoubtedly enabled to do this by reason of its more pr ...
... it has begun. The reasoning behind would run somewhat as follows: "If the credits were taken up by the stock exchange, the stock exchange was obviously able to outbid the other potential borrowers by paying a higher rate of interest, and it was undoubtedly enabled to do this by reason of its more pr ...
Investment Portfolio Review - Christian Brothers Investment Services
... year, but at a slightly reduced monthly purchase rate of 60 billion euros (down from 80 billion euros). Like the Fed, it will continue to reinvest principal payments from maturing securities. It also noted that key ECB interest rates are likely to remain at current or lower levels for an extended pe ...
... year, but at a slightly reduced monthly purchase rate of 60 billion euros (down from 80 billion euros). Like the Fed, it will continue to reinvest principal payments from maturing securities. It also noted that key ECB interest rates are likely to remain at current or lower levels for an extended pe ...
2016 Euro Commercial Paper Programme
... In addition, any audited annual and unaudited interim consolidated financial statements of the Issuer in each case published after the date of this Information Memorandum shall be deemed to be incorporated in, and to form part of, this Information Memorandum upon the publication and filing of such f ...
... In addition, any audited annual and unaudited interim consolidated financial statements of the Issuer in each case published after the date of this Information Memorandum shall be deemed to be incorporated in, and to form part of, this Information Memorandum upon the publication and filing of such f ...
May 22, 2015 Investor Class shares to convert to Class A shares
... Investor Class shares to convert to Class A shares; new Class A front-end sales load waivers created At a meeting held on May 19–20, 2015, the Wells Fargo Advantage Funds Board of Trustees approved the conversion of Investor Class shares of all Wells Fargo Advantage Funds to Class A shares. Subject ...
... Investor Class shares to convert to Class A shares; new Class A front-end sales load waivers created At a meeting held on May 19–20, 2015, the Wells Fargo Advantage Funds Board of Trustees approved the conversion of Investor Class shares of all Wells Fargo Advantage Funds to Class A shares. Subject ...
An investor`s guide to purchasing mutual funds and 529
... offers this option only for funds in the same mutual fund family, but there are circumstances in which another broker might offer this option for funds in different families. 529 plan investments. If you are making purchases into 529 plans that invest in mutual funds, you may be eligible for a waive ...
... offers this option only for funds in the same mutual fund family, but there are circumstances in which another broker might offer this option for funds in different families. 529 plan investments. If you are making purchases into 529 plans that invest in mutual funds, you may be eligible for a waive ...
UK Equities for income and total return
... relevant funds are authorised for distribution or where no such authorisation is required. Research professionals include both analysts and associates. Fidelity/Fidelity International means FIL Limited and its subsidiary companies. Unless otherwise stated, all views are those of Fidelity. Top securi ...
... relevant funds are authorised for distribution or where no such authorisation is required. Research professionals include both analysts and associates. Fidelity/Fidelity International means FIL Limited and its subsidiary companies. Unless otherwise stated, all views are those of Fidelity. Top securi ...
Hedge Fund Innovation - American Economic Association
... Third, we find that the portfolios sorted on entry time all load significantly on the first quintile portfolio (Q1), and their alphas decrease markedly. We take this as evidence that the returns of the first quintile portfolio, the ‘innovators’, contains non-systematic hedge funds’ risk that is not ...
... Third, we find that the portfolios sorted on entry time all load significantly on the first quintile portfolio (Q1), and their alphas decrease markedly. We take this as evidence that the returns of the first quintile portfolio, the ‘innovators’, contains non-systematic hedge funds’ risk that is not ...
fund fact sheet user`s guide
... Description of PRIAC Separate Accounts In addition to registered mutual funds and bank collective trust funds, PRIAC makes available an array of insurance company separate accounts (“Separate Account”) from which the retirement plan’s fiduciary can construct the investment lineup for your retiremen ...
... Description of PRIAC Separate Accounts In addition to registered mutual funds and bank collective trust funds, PRIAC makes available an array of insurance company separate accounts (“Separate Account”) from which the retirement plan’s fiduciary can construct the investment lineup for your retiremen ...
Conflicts of Interest in the Financial Services Industry
... York and a number of prominent investment banks have exhibited apparent conflicts of interest in financial services firms. The provision of reliable information is necessary for financial markets to perform their essential function of channelling capital to the most productive investment opportuniti ...
... York and a number of prominent investment banks have exhibited apparent conflicts of interest in financial services firms. The provision of reliable information is necessary for financial markets to perform their essential function of channelling capital to the most productive investment opportuniti ...
Venture Debt Financing for Start
... Importantly, these early stage investors are characterised by a strong willingness to put their own capital at risk. Nevertheless, after raising several equity rounds start-up’s shareholders, especially founders, become reluctant to give up more equity and prefer to preserve their ownership shares s ...
... Importantly, these early stage investors are characterised by a strong willingness to put their own capital at risk. Nevertheless, after raising several equity rounds start-up’s shareholders, especially founders, become reluctant to give up more equity and prefer to preserve their ownership shares s ...
Transforming NGO MFIs: Critical Ownership Issues to Consider
... sufficient capital from outside investors to keep the ...
... sufficient capital from outside investors to keep the ...
Credit default swaps. Contract characteristics and
... A CDS contract may be extinguished in relation to a credit event, but its status may also vary over time for several other reasons. The first is what is referred to as “novation”, namely the replacement of one of the two original counterparties to the contract with a third counterparty. The second, ...
... A CDS contract may be extinguished in relation to a credit event, but its status may also vary over time for several other reasons. The first is what is referred to as “novation”, namely the replacement of one of the two original counterparties to the contract with a third counterparty. The second, ...
Expected Returns on Major Asset Classes
... naturally, time varying because the expected returns for these asset classes are equal to the yield (minus an allowance for defaults in the case of corporate bonds). But they modeled the expected return on equities as being equal to the expected return on cash or bonds plus a constant, where the con ...
... naturally, time varying because the expected returns for these asset classes are equal to the yield (minus an allowance for defaults in the case of corporate bonds). But they modeled the expected return on equities as being equal to the expected return on cash or bonds plus a constant, where the con ...
Underwriting Costs of Seasoned Equity Offerings
... the market in reducing the costs of public offerings and encouraging public offerings. Aspects of the approach chosen to marketing the SEO (other than the distinction between rights offerings and public offerings) have also been shown to contribute to large cross-sectional differences in underwritin ...
... the market in reducing the costs of public offerings and encouraging public offerings. Aspects of the approach chosen to marketing the SEO (other than the distinction between rights offerings and public offerings) have also been shown to contribute to large cross-sectional differences in underwritin ...
Risk premiums in NIBOR and other countries` interbank lending rates
... play an important role as benchmarks for other financial prices. Some bank lending rates, for example, are referenced against NIBOR. When banks and other non‐financial enterprises issue floating‐rate bonds, the interest rate may be equal to NIBOR plus a premium determined by the issuer’s credit r ...
... play an important role as benchmarks for other financial prices. Some bank lending rates, for example, are referenced against NIBOR. When banks and other non‐financial enterprises issue floating‐rate bonds, the interest rate may be equal to NIBOR plus a premium determined by the issuer’s credit r ...
Vanguard Growth Index Fund
... investment vehicle) can rise or fall independently of changes in the broad market. The Fund is generally well protected from security specific risk through diversifying its holdings across a wide selection of available securities in the index. ▪ Derivative risk – A derivative is a contract or financ ...
... investment vehicle) can rise or fall independently of changes in the broad market. The Fund is generally well protected from security specific risk through diversifying its holdings across a wide selection of available securities in the index. ▪ Derivative risk – A derivative is a contract or financ ...
2 amended and restated private placement
... Investors will, thereby, become Members of the Fund. A capital account (“Capital Account”) will be established for each Member on the books and records of the Fund. Each Member will share in distributions of the Fund’s profits and losses based upon such Member’s capital account balance (“Capital Acc ...
... Investors will, thereby, become Members of the Fund. A capital account (“Capital Account”) will be established for each Member on the books and records of the Fund. Each Member will share in distributions of the Fund’s profits and losses based upon such Member’s capital account balance (“Capital Acc ...
Eron Mortgage Study
... The report suggests two possibilities in the realm of regulatory reform. First, in order to protect investors in the private or so-called exempt capital market, all principals in businesses which seek to raise capital could be required to obtain a third party credit check, disclosing the relevant bu ...
... The report suggests two possibilities in the realm of regulatory reform. First, in order to protect investors in the private or so-called exempt capital market, all principals in businesses which seek to raise capital could be required to obtain a third party credit check, disclosing the relevant bu ...