UCITS Application Form Section 10 Sub
... If additional exchanges/markets are being added to list of markets/exchanges provided for in the prospectus Letter from depositary confirming that it can provide for the safekeeping of the assets of the UCITS, in relation to each additional stock exchange and markets provided for in the supplement i ...
... If additional exchanges/markets are being added to list of markets/exchanges provided for in the prospectus Letter from depositary confirming that it can provide for the safekeeping of the assets of the UCITS, in relation to each additional stock exchange and markets provided for in the supplement i ...
A Strict Liability Regime for Rating Agencies
... Dodd-Frank Act of 2010.4 Likewise, it could be argued along with a number of commentators (see Coffee 2006; Mathis, McAndrews and Rochet 2009) that the issuerpays model of CRAs remuneration is simply to be prohibited in order to eradicate the conflict of interests. As straightforward as they may sou ...
... Dodd-Frank Act of 2010.4 Likewise, it could be argued along with a number of commentators (see Coffee 2006; Mathis, McAndrews and Rochet 2009) that the issuerpays model of CRAs remuneration is simply to be prohibited in order to eradicate the conflict of interests. As straightforward as they may sou ...
SIFMA Submits Comments to FINRA on FINRA`s Markup Proposal
... Currently, the QIB Exemption in FINRA’s Debt Markup Interpretation (NASD IM-24402) references the prior NASD institutional suitability interpretation, IM-2310-3, which FINRA repealed and replaced with FINRA Rule 2111 (the “Suitability Rule”), effective July 9, 2012. The Markup Proposal proposes to a ...
... Currently, the QIB Exemption in FINRA’s Debt Markup Interpretation (NASD IM-24402) references the prior NASD institutional suitability interpretation, IM-2310-3, which FINRA repealed and replaced with FINRA Rule 2111 (the “Suitability Rule”), effective July 9, 2012. The Markup Proposal proposes to a ...
What types of investors drive commonality in
... significant decrease in market activity (e.g., Brunnermeier, 2009). Even though it has been long understood that liquidity is an essential element required for proper functioning of financial markets, before the crisis less than enough attention was paid to studying and understanding the concept of ...
... significant decrease in market activity (e.g., Brunnermeier, 2009). Even though it has been long understood that liquidity is an essential element required for proper functioning of financial markets, before the crisis less than enough attention was paid to studying and understanding the concept of ...
A Theory of Repurchase Agreements, Collateral Re-use
... a run on repos could lead to a financial market meltdown speaks to their importance for money markets. Overall, repo market activity is enormous. Recent surveys estimate outstanding volumes at €5.4 trillion in Europe while $3.8 trillion to $5.5 trillion are traded in the US, depending on calculation ...
... a run on repos could lead to a financial market meltdown speaks to their importance for money markets. Overall, repo market activity is enormous. Recent surveys estimate outstanding volumes at €5.4 trillion in Europe while $3.8 trillion to $5.5 trillion are traded in the US, depending on calculation ...
The Internal Ratings-Based Approach
... (iii) Methods for quantifying PD .................................................................................................. 16 (iv) Impact of credit derivatives and guarantees on estimation of PD ........................................ 16 C. LOSS GIVEN DEFAULT (LGD) ........................ ...
... (iii) Methods for quantifying PD .................................................................................................. 16 (iv) Impact of credit derivatives and guarantees on estimation of PD ........................................ 16 C. LOSS GIVEN DEFAULT (LGD) ........................ ...
prospectus
... Any investment involves risk, and there is no assurance that the Fund’s objective will be achieved. The Fund is actively managed and the investment techniques and risk analyses used by the Fund’s manager(s) may not produce the desired results. Credit risk is expected to be low for the Fund because i ...
... Any investment involves risk, and there is no assurance that the Fund’s objective will be achieved. The Fund is actively managed and the investment techniques and risk analyses used by the Fund’s manager(s) may not produce the desired results. Credit risk is expected to be low for the Fund because i ...
Schwab Advisor Cash Reserves
... fund invests in high-quality, short-term money market investments issued by U.S. and foreign issuers. Examples of these securities include commercial paper, certificates of deposit, repurchase agreements, variable- and floating-rate debt securities, and obligations issued by the U.S. government, its ...
... fund invests in high-quality, short-term money market investments issued by U.S. and foreign issuers. Examples of these securities include commercial paper, certificates of deposit, repurchase agreements, variable- and floating-rate debt securities, and obligations issued by the U.S. government, its ...
Dalton Street Capital Absolute Return Fund Product Disclosure
... entity services for external fund managers. EQT’s responsibilities and obligations, as the responsible entity of the Fund, are governed by the Fund’s constitution (“Constitution”) as well as the Corporations Act and general trust law. EQT also assists not-for-profit and charitable organisations with ...
... entity services for external fund managers. EQT’s responsibilities and obligations, as the responsible entity of the Fund, are governed by the Fund’s constitution (“Constitution”) as well as the Corporations Act and general trust law. EQT also assists not-for-profit and charitable organisations with ...
Newtek Business Services Corp. (Form: 10
... Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its ...
... Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its ...
Call for expression of Interest
... “Medium” or higher score for this indicator will be awarded if, at and following a closing where EIF is expected to participate under the Programme, at least 50% of the Fund’s commitments are envisaged to come from Independent Private Investors, not taking into account EIF, EIB, and NPBs investing t ...
... “Medium” or higher score for this indicator will be awarded if, at and following a closing where EIF is expected to participate under the Programme, at least 50% of the Fund’s commitments are envisaged to come from Independent Private Investors, not taking into account EIF, EIB, and NPBs investing t ...
2Q 2016 Form 10-Q (PDF 540 KB)
... (b) Non-GAAP information for all periods presented excludes the net income (loss) attributable to noncontrolling interests of consolidated investment management funds, amortization of intangible assets and M&I, litigation and restructuring charges. (c) Tangible book value per common share - Non-GAAP ...
... (b) Non-GAAP information for all periods presented excludes the net income (loss) attributable to noncontrolling interests of consolidated investment management funds, amortization of intangible assets and M&I, litigation and restructuring charges. (c) Tangible book value per common share - Non-GAAP ...
Lending-of-last-resort is as lending-of-last
... of the interbank market, both theoretically and empirically. On the theory side, Freixas and Holthausen (2005) study interbank markets in an international context. They find that cross-border interbank trade can break down due to imperfect information that lenders have about borrowers from abroad. H ...
... of the interbank market, both theoretically and empirically. On the theory side, Freixas and Holthausen (2005) study interbank markets in an international context. They find that cross-border interbank trade can break down due to imperfect information that lenders have about borrowers from abroad. H ...
Essays in Financial Economics Sergey Iskoz
... This thesis consists of three essays on various topics in Financial Economics. Underwriter analysts issue recommendations that are on average more favorable than recommendations of other analysts. In Chapter 1, I investigate whether this bias matters for returns, and whether it matters for wealth re ...
... This thesis consists of three essays on various topics in Financial Economics. Underwriter analysts issue recommendations that are on average more favorable than recommendations of other analysts. In Chapter 1, I investigate whether this bias matters for returns, and whether it matters for wealth re ...
indictment_-_hallinanneff
... interest on loans of up to $25,000. Pennsylvania law also defined “criminal usury” as the collection of interest, fees, and other charges associated with a loan at a rate in excess of 36 percent per year. Some companies that made payday loans to Pennsylvania residents over the internet tried to circ ...
... interest on loans of up to $25,000. Pennsylvania law also defined “criminal usury” as the collection of interest, fees, and other charges associated with a loan at a rate in excess of 36 percent per year. Some companies that made payday loans to Pennsylvania residents over the internet tried to circ ...
printmgr file - Goldman Sachs
... typically longer-term in nature. The firm makes investments, some of which are consolidated, directly and indirectly through funds that the firm manages, in debt securities and loans, public and private equity securities and real estate entities. ...
... typically longer-term in nature. The firm makes investments, some of which are consolidated, directly and indirectly through funds that the firm manages, in debt securities and loans, public and private equity securities and real estate entities. ...
Why Does the Law of One Price Fail?
... shows each index fund’s annualized returns since inception. Because each fund’s inception date differs, this information should be ignored when predicting across-fund variation in future fund returns. In fact, we construct our fund menu so that annualized returns since inception are positively corre ...
... shows each index fund’s annualized returns since inception. Because each fund’s inception date differs, this information should be ignored when predicting across-fund variation in future fund returns. In fact, we construct our fund menu so that annualized returns since inception are positively corre ...
How to do a Debt Sustainability Analysis for Low
... interest rate. The NPV of a loan then summarizes the amount a country would have to invest risk free today to cover its future debt-service obligations. Putting this notion into practice has led to the use of currency specific commercial interest rates (CIRRs). CIRRs correspond to secondary market y ...
... interest rate. The NPV of a loan then summarizes the amount a country would have to invest risk free today to cover its future debt-service obligations. Putting this notion into practice has led to the use of currency specific commercial interest rates (CIRRs). CIRRs correspond to secondary market y ...
Portugal: JESSICA evaluation study
... on the role of private finance in delivery. • Establishing JESSICA through a Holding Fund will help the process of setting up UDFs, as the public and private sectors will receive support from the Holding Fund Manager on the JESSICA‟s principles to adopt. Based on the negotiations between EIB and the ...
... on the role of private finance in delivery. • Establishing JESSICA through a Holding Fund will help the process of setting up UDFs, as the public and private sectors will receive support from the Holding Fund Manager on the JESSICA‟s principles to adopt. Based on the negotiations between EIB and the ...
Toys “R” Us, Inc. - corporate
... We have audited the accompanying consolidated financial statements of Toys “R” Us - Delaware, Inc. and subsidiaries, which comprise the consolidated balance sheets as of January 28, 2017 and January 30, 2016, and the related consolidated statements of operations, comprehensive income (loss), stockho ...
... We have audited the accompanying consolidated financial statements of Toys “R” Us - Delaware, Inc. and subsidiaries, which comprise the consolidated balance sheets as of January 28, 2017 and January 30, 2016, and the related consolidated statements of operations, comprehensive income (loss), stockho ...
Hedge Fund Activism April Klein, Stern School of Business, New
... firms is largely due to these costs. With regard to the benefits that an individual fund may accrue from taking an activist stance, Kahan and Rock (2006) present evidence that large mutual funds and pension funds hold similar percentages of stocks in many companies and therefore, no specific fund h ...
... firms is largely due to these costs. With regard to the benefits that an individual fund may accrue from taking an activist stance, Kahan and Rock (2006) present evidence that large mutual funds and pension funds hold similar percentages of stocks in many companies and therefore, no specific fund h ...
Hot debt market - Adverse selection costs as a debt issue driver
... Table 19. Determinants of hot debt months in the aggregate sample .......................................................... 61 Table 20. Determinants of hot debt months in the sample of syndicated loan issues................................. 64 Table 21. Determinants of hot debt months in the sampl ...
... Table 19. Determinants of hot debt months in the aggregate sample .......................................................... 61 Table 20. Determinants of hot debt months in the sample of syndicated loan issues................................. 64 Table 21. Determinants of hot debt months in the sampl ...
Credit Suisse Global Investment Returns Yearbook 2013
... know not only today’s cash return, but also the expected return on a rolling investment in cash over our future investment horizon. We can seek guidance here from the bond market and the yield curve. Figure 4 shows the yield curves on government bonds for the USA and UK for maturities up to 30 years ...
... know not only today’s cash return, but also the expected return on a rolling investment in cash over our future investment horizon. We can seek guidance here from the bond market and the yield curve. Figure 4 shows the yield curves on government bonds for the USA and UK for maturities up to 30 years ...