SRP Research Report for OIC (Part 2: European Structured Product
... deposits and life bonds tend to buy and hold the investment until maturity, while most structured funds and certificates change hands many times over their life cycles. A reliable and accessible secondary market is key to success of any structured product. In Europe, ...
... deposits and life bonds tend to buy and hold the investment until maturity, while most structured funds and certificates change hands many times over their life cycles. A reliable and accessible secondary market is key to success of any structured product. In Europe, ...
Knowledge in a nutshell - UBS
... No. First, you should understand how they work. As an investor, I can choose to invest directly in equities, gold or currencies or indirectly in a warrant on these underlying assets. Let’s say I have 10,000 Swiss francs. Instead of investing this entire amount in a stock, I can spend part of it on a ...
... No. First, you should understand how they work. As an investor, I can choose to invest directly in equities, gold or currencies or indirectly in a warrant on these underlying assets. Let’s say I have 10,000 Swiss francs. Instead of investing this entire amount in a stock, I can spend part of it on a ...
TCRP Report 89 – Financing Capital Investment
... and evaluate financing options for public transportation capital projects. Although the emphasis of the primer is on approaches that take advantage of access to the public capital markets, the document also addresses the tradeoffs of pay-as-you-go approaches versus approaches that borrow against fut ...
... and evaluate financing options for public transportation capital projects. Although the emphasis of the primer is on approaches that take advantage of access to the public capital markets, the document also addresses the tradeoffs of pay-as-you-go approaches versus approaches that borrow against fut ...
UNITED STATES SECURITIES AND
... The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”), and in conformity with the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of managem ...
... The accompanying unaudited consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States (“GAAP”), and in conformity with the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of managem ...
List of Charts
... Corporate Sector’s Bond Issues in Domestic Market................................................................................... 26 ...
... Corporate Sector’s Bond Issues in Domestic Market................................................................................... 26 ...
Find the Payment and Amortization Table
... repaid in 6 quarterly payments. a. Find the payment necessary to amortize each loan. b. Find the total payments and the total amount of interest paid based on the calculated monthly payments. ...
... repaid in 6 quarterly payments. a. Find the payment necessary to amortize each loan. b. Find the total payments and the total amount of interest paid based on the calculated monthly payments. ...
Mortgage Choice Determinants: The Role of Risk and Bank
... paper provides the first empirical evidence of the joint significance of these theoretical results; whilst evidence for some risk category has been found in separate studies, there is no existing evidence identifying all categories. Secondly, bank mortgage originators are subject to Basel capital ru ...
... paper provides the first empirical evidence of the joint significance of these theoretical results; whilst evidence for some risk category has been found in separate studies, there is no existing evidence identifying all categories. Secondly, bank mortgage originators are subject to Basel capital ru ...
Market conditions, default risk and credit spreads
... (2005)). It is a rare instance to combine these two data sources. Our CreditTrade dataset spans from June 1997 to March 2006, and our GFI dataset covers the period between January 2002 and November 2006.4 In this study, we use CDS prices for non-sovereign US corporate bond issuers denominated in US ...
... (2005)). It is a rare instance to combine these two data sources. Our CreditTrade dataset spans from June 1997 to March 2006, and our GFI dataset covers the period between January 2002 and November 2006.4 In this study, we use CDS prices for non-sovereign US corporate bond issuers denominated in US ...
financial stability report
... up on the 2015 figure. The changes over time show that, since 2013, the total regulatory capital ratio of Spanish deposit institutions has increased by almost 150 bp. ...
... up on the 2015 figure. The changes over time show that, since 2013, the total regulatory capital ratio of Spanish deposit institutions has increased by almost 150 bp. ...
chinese bank`s credit risk assessment - STORRE
... The current striking problem in Chinese banking is the large amount of NonPerforming Loans (NPLs) and this research aims to address the NPLs through improving credit risk management. Rather than the previous literature where Western models are introduced into China directly or with minor modificatio ...
... The current striking problem in Chinese banking is the large amount of NonPerforming Loans (NPLs) and this research aims to address the NPLs through improving credit risk management. Rather than the previous literature where Western models are introduced into China directly or with minor modificatio ...
Mutual Fund Performance and the Incentive to Generate Alpha
... the standard result that monthly flows respond to both raw and risk-adjusted performance (e.g., Gruber (1996), Sirri and Tufano (1998), and Del Guercio and Tkac (2002)). However, when we allow flow-performance sensitivities to vary across segments, we find that only self-directed investors chase alp ...
... the standard result that monthly flows respond to both raw and risk-adjusted performance (e.g., Gruber (1996), Sirri and Tufano (1998), and Del Guercio and Tkac (2002)). However, when we allow flow-performance sensitivities to vary across segments, we find that only self-directed investors chase alp ...
Submission 15 attachment - Maritime Super
... additional risks with some cases of total loss in single asset exposures. These have been isolated cases as the experience has generally been positive. However, any single poor equity investment can be disproportionately disadvantageous to a single asset investor. The investment return expectations ...
... additional risks with some cases of total loss in single asset exposures. These have been isolated cases as the experience has generally been positive. However, any single poor equity investment can be disproportionately disadvantageous to a single asset investor. The investment return expectations ...
Commercial Real Estate Non-Performing Loan Liquidating Trust
... Such a structure is often called a “liquidating trust” (“LT”). LT note holders are dependent primarily upon proceeds from the liquidation of mortgaged properties, as opposed to traditional cash securitizations where cash flows from the receipt of monthly borrower remittances. As of September 1, 2010 ...
... Such a structure is often called a “liquidating trust” (“LT”). LT note holders are dependent primarily upon proceeds from the liquidation of mortgaged properties, as opposed to traditional cash securitizations where cash flows from the receipt of monthly borrower remittances. As of September 1, 2010 ...
Quantifying Liquidity and Default Risks of Corporate Bonds over the
... of corporate bonds: (1) corporate bonds with higher credit ratings tend to be more liquid; (2) corporate bonds are less liquid during economic downturns, especially for riskier bonds.2 The interactions can also significantly raise the level of credit spreads and make them more volatile over the busi ...
... of corporate bonds: (1) corporate bonds with higher credit ratings tend to be more liquid; (2) corporate bonds are less liquid during economic downturns, especially for riskier bonds.2 The interactions can also significantly raise the level of credit spreads and make them more volatile over the busi ...
Why does fast loan growth predict poor performance for banks?
... loan growth through acquisitions, the evidence of riskier loans is primarily driven by organic loan growth. In other words, high-growth banks do not appear to acquire banks with riskier loans, they make those riskier loans on their own. Overall, our evidence is consistent with banks not fully apprec ...
... loan growth through acquisitions, the evidence of riskier loans is primarily driven by organic loan growth. In other words, high-growth banks do not appear to acquire banks with riskier loans, they make those riskier loans on their own. Overall, our evidence is consistent with banks not fully apprec ...
Hedge Funds, Managerial Skill, and Macroeconomic Variables
... benchmarks. Brown, Goetzmann, and Ibbotson (1999) show that annual hedge fund returns do not persist. Fuelling the debate, Getmansky, Lo, and Makarov (2004) argue that whatever persistence at quarterly horizons, documented by Agarwal and Naik (2000) and others in hedge funds, can be traced to illiq ...
... benchmarks. Brown, Goetzmann, and Ibbotson (1999) show that annual hedge fund returns do not persist. Fuelling the debate, Getmansky, Lo, and Makarov (2004) argue that whatever persistence at quarterly horizons, documented by Agarwal and Naik (2000) and others in hedge funds, can be traced to illiq ...
Alternative Investment Funds 2015 - Skadden, Arps, Slate, Meagher
... offer its investors redemption or other similar liquidity rights except in extraordinary circumstances; (iv) represents itself as pursuing a venture capital strategy to its investors and prospective investors; and (v) is not registered under the Investment Company Act and has not elected to be treat ...
... offer its investors redemption or other similar liquidity rights except in extraordinary circumstances; (iv) represents itself as pursuing a venture capital strategy to its investors and prospective investors; and (v) is not registered under the Investment Company Act and has not elected to be treat ...
Empirical Study Relating Innovation and Market Concentration
... acquisition targets and acquiring firms. Study 2 results have consistently shown that acquisition candidates receive a large premium over market value to relinquish corporate control, while the market value of acquirers declines or remains the same. These papers also assess the source (s) of the dea ...
... acquisition targets and acquiring firms. Study 2 results have consistently shown that acquisition candidates receive a large premium over market value to relinquish corporate control, while the market value of acquirers declines or remains the same. These papers also assess the source (s) of the dea ...
Small Business Lending Matrix and Analysis
... prospective and existing franchisees’ borrowing requirements. However, this gap has been reduced compared to previous years. Franchises will require $29.4 billion in new lending capital to fulfill 100 percent of the forecasted demand for new and existing units in 2014. However, banks are only projec ...
... prospective and existing franchisees’ borrowing requirements. However, this gap has been reduced compared to previous years. Franchises will require $29.4 billion in new lending capital to fulfill 100 percent of the forecasted demand for new and existing units in 2014. However, banks are only projec ...
open-end credit under -truth-in- lending
... the time of each "transaction." Further, each merchant could be required to make the disclosures in question, simply by belonging to a particular bank credit card plan.24 20. For most open-end credit plans, this means that a disclosure must be made of both a monthly and annual rate. For example, a c ...
... the time of each "transaction." Further, each merchant could be required to make the disclosures in question, simply by belonging to a particular bank credit card plan.24 20. For most open-end credit plans, this means that a disclosure must be made of both a monthly and annual rate. For example, a c ...
Housing Finance: The Case of Botswana
... Committee on the Global Financial System, 2006; Chiquier & Lea, 2009) and macroeconomic stability (Arimah, 1999; Akinwumni, 1999; Lea 2009) to facilitate mortgage delivery. Although such preconditions are necessary, they are by no means exhaustive. This is especially the case in many countries in s ...
... Committee on the Global Financial System, 2006; Chiquier & Lea, 2009) and macroeconomic stability (Arimah, 1999; Akinwumni, 1999; Lea 2009) to facilitate mortgage delivery. Although such preconditions are necessary, they are by no means exhaustive. This is especially the case in many countries in s ...