Decomposition of technical reserves of pension funds in price
... average pay plan. They guarantee nominal future benefits and may index these if the financial condition of the fund allows it. Pension funds have to maintain sufficient own funds as a buffer cushion to absorb financial shocks. If stock prices suddenly fall, then a buffer may prevent that the pension ...
... average pay plan. They guarantee nominal future benefits and may index these if the financial condition of the fund allows it. Pension funds have to maintain sufficient own funds as a buffer cushion to absorb financial shocks. If stock prices suddenly fall, then a buffer may prevent that the pension ...
The Time-Varying Liquidity Risk of Value and Growth Stocks
... appears to drive the countercyclical nature of the value premium. We will use the term flight-toquality throughout the paper. To the best of our knowledge, we are first to consider time-varying liquidity risk as a possible explanation for the existence of the value premium. We believe that this addr ...
... appears to drive the countercyclical nature of the value premium. We will use the term flight-toquality throughout the paper. To the best of our knowledge, we are first to consider time-varying liquidity risk as a possible explanation for the existence of the value premium. We believe that this addr ...
Private Placements, Regulatory Restrictions and Firm
... See Fenn et al. (1997) and Wu (2004), for example. ...
... See Fenn et al. (1997) and Wu (2004), for example. ...
EBIX INC (Form: 10-K, Received: 02/29/2016 15:38:27)
... entirely critical to its future profitability or liquidity. Management looks at acquisitions as an integral part of the Company's growth strategy. We look at making complimentary accretive acquisitions as and when the Company has sufficient liquidity, stable cash flows, and access to financing at at ...
... entirely critical to its future profitability or liquidity. Management looks at acquisitions as an integral part of the Company's growth strategy. We look at making complimentary accretive acquisitions as and when the Company has sufficient liquidity, stable cash flows, and access to financing at at ...
lloyds investment funds limited
... a substantial part of its assets in bank deposits and money market instruments from time to time. The Fund is permitted to invest in securities denominated in currencies other than sterling. The current policy of the Directors is that any such investments in non-sterling denominated securities shoul ...
... a substantial part of its assets in bank deposits and money market instruments from time to time. The Fund is permitted to invest in securities denominated in currencies other than sterling. The current policy of the Directors is that any such investments in non-sterling denominated securities shoul ...
2016 Annual Report - St Barbara Limited
... loss after tax of $2,282,000). To provide additional clarity into the performance of the operations underlying measures for the year are reported, together with the statutory results. Underlying net profit after tax, representing net profit excluding significant items, wa ...
... loss after tax of $2,282,000). To provide additional clarity into the performance of the operations underlying measures for the year are reported, together with the statutory results. Underlying net profit after tax, representing net profit excluding significant items, wa ...
PRINCIPLES OF FINANCIAL ENGINEERING
... which is true, because at t0 , the buyer is paying USD100 for the cash flows shown in Figure 1-2. Buying (selling) such a bond is inconvenient in many respects. First, one needs cash to do this. Practitioners call this funding, in case the bond is purchased. When the bond is sold short it will genera ...
... which is true, because at t0 , the buyer is paying USD100 for the cash flows shown in Figure 1-2. Buying (selling) such a bond is inconvenient in many respects. First, one needs cash to do this. Practitioners call this funding, in case the bond is purchased. When the bond is sold short it will genera ...
RITCHIE BROS AUCTIONEERS INC (Form: 8-K
... Ritchie Bros. operates worldwide with locations in more than 15 countries, including the United States, Canada, Australia, the United Arab Emirates and the Netherlands. We expect that most of our near term growth will come from expanding our business and increasing our physical and online presence i ...
... Ritchie Bros. operates worldwide with locations in more than 15 countries, including the United States, Canada, Australia, the United Arab Emirates and the Netherlands. We expect that most of our near term growth will come from expanding our business and increasing our physical and online presence i ...
The Valuation and Risk Management of a DB Underpin
... plans include 401(k) plans, 403(b) plans, employee stock ownership plans, and profit-sharing plans. In a defined benefit plan, employees receive a pension based on a formula. The plan may state this promised benefit as an exact dollar amount, such as $1000 per month at retirement. More commonly, the ...
... plans include 401(k) plans, 403(b) plans, employee stock ownership plans, and profit-sharing plans. In a defined benefit plan, employees receive a pension based on a formula. The plan may state this promised benefit as an exact dollar amount, such as $1000 per month at retirement. More commonly, the ...
Form 10-Q - Vanguard Natural Resources LLC
... In December 2007, the FASB issued SFAS No. 141 (revised 2007), “Business Combinations” (“SFAS 141(R)”), which replaces SFAS No. 141 “Business Combinations” (“SFAS 141.”) SFAS 141(R) establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the id ...
... In December 2007, the FASB issued SFAS No. 141 (revised 2007), “Business Combinations” (“SFAS 141(R)”), which replaces SFAS No. 141 “Business Combinations” (“SFAS 141.”) SFAS 141(R) establishes principles and requirements for how an acquirer recognizes and measures in its financial statements the id ...
Collateral-Motivated Financial Innovation
... to a number of time-series and cross-sectional implications on the basis. For example, when investors face tighter funding constraints, saving collateral becomes more valuable, leading to a larger basis. Our model also implies that the basis is higher if the unwanted cash flow, the portion of the cas ...
... to a number of time-series and cross-sectional implications on the basis. For example, when investors face tighter funding constraints, saving collateral becomes more valuable, leading to a larger basis. Our model also implies that the basis is higher if the unwanted cash flow, the portion of the cas ...
flowers foods, inc. - corporate
... Commission (“SEC”) or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors , of our Annual Report on Form 10-K for the year ended on January 2, 2016 (the “Form 10-K”) and Part II, ...
... Commission (“SEC”) or in company press releases) for other factors that may cause actual results to differ materially from those projected by the company. Refer to Part I, Item 1A., Risk Factors , of our Annual Report on Form 10-K for the year ended on January 2, 2016 (the “Form 10-K”) and Part II, ...
MONEY/SHOPPING Nouns a rip off bargain crowd donation to
... be a waste of time and money be at their peak be good value for Money be worth saving up for sth catch your attention get rid of sth give sth a miss go down a storm grow accustomed to sth have a good head for figures have a professional interest in sth improve one’s mood instil values of sth it came ...
... be a waste of time and money be at their peak be good value for Money be worth saving up for sth catch your attention get rid of sth give sth a miss go down a storm grow accustomed to sth have a good head for figures have a professional interest in sth improve one’s mood instil values of sth it came ...
liberty high yield fund
... Each of the interest rate securities acquired by the Fund will be purchased by the Responsible Entity at market value. Where the Fund acquires interest rate securities from a related party of the Responsible Entity (Related Party Issuers), the Responsible Entity will assess the market value of the a ...
... Each of the interest rate securities acquired by the Fund will be purchased by the Responsible Entity at market value. Where the Fund acquires interest rate securities from a related party of the Responsible Entity (Related Party Issuers), the Responsible Entity will assess the market value of the a ...
