Portugal: JESSICA evaluation study
... At project level, UDF architectures (spatially led, sector led, investor led or mixed) do not seem to have negative impact on projects, being all possibilities adequate from project perspective - project promoters rationally will look for any resource given, adapting project natures and types if nee ...
... At project level, UDF architectures (spatially led, sector led, investor led or mixed) do not seem to have negative impact on projects, being all possibilities adequate from project perspective - project promoters rationally will look for any resource given, adapting project natures and types if nee ...
Risk Aversion and Clientele Effects
... foundation of asset pricing theory and the definition of capital market integration – i.e. that a unit of risk exposure in one market commands the same compensation as a unit of risk exposure in another. While investor preferences are an important bridge that joins risk exposure and returns, only li ...
... foundation of asset pricing theory and the definition of capital market integration – i.e. that a unit of risk exposure in one market commands the same compensation as a unit of risk exposure in another. While investor preferences are an important bridge that joins risk exposure and returns, only li ...
Drivers for Growth Through 2020
... to produce the final results. Unless otherwise indicated, any opinions or market observations made are strictly our own. © 2015 Greenwich Associates, LLC. Javelin Strategy & Research is a division of Greenwich Associates. All rights reserved. No portion of these materials may be copied, reproduced, ...
... to produce the final results. Unless otherwise indicated, any opinions or market observations made are strictly our own. © 2015 Greenwich Associates, LLC. Javelin Strategy & Research is a division of Greenwich Associates. All rights reserved. No portion of these materials may be copied, reproduced, ...
Franklin California Tax-Free Income Fund SAI
... are outstanding, this may be considered a form of leverage. Leveraging by means of borrowing may exaggerate the effect of any increase or decrease in the value of portfolio securities on the Fund’s net asset value, and money borrowed will be subject to interest and other costs (which may include com ...
... are outstanding, this may be considered a form of leverage. Leveraging by means of borrowing may exaggerate the effect of any increase or decrease in the value of portfolio securities on the Fund’s net asset value, and money borrowed will be subject to interest and other costs (which may include com ...
ESG version 5_A4:Layout 1.qxd
... collectively own a diversified portfolio of assets covering practically the entire capital market — that is, they own a share of the entire economy; they will benefit when the economy expands and suffer when it contracts. One very important implication resulting from this insight is that the majorit ...
... collectively own a diversified portfolio of assets covering practically the entire capital market — that is, they own a share of the entire economy; they will benefit when the economy expands and suffer when it contracts. One very important implication resulting from this insight is that the majorit ...
Determination of Risk Aversion and Moment
... Return distribution of portfolios with low stock ratios . . . . . 285 Return distribution of portfolios with high stock ratios . . . . . 286 ...
... Return distribution of portfolios with low stock ratios . . . . . 285 Return distribution of portfolios with high stock ratios . . . . . 286 ...
OECD Benchmark Definition of Foreign Direct Investment
... right policy framework, FDI can provide financial stability, promote economic development and enhance the well being of societies. Reliable FDI statistics have always been essential for policy makers faced with the challenges of attracting and making the most of international investment. In the earl ...
... right policy framework, FDI can provide financial stability, promote economic development and enhance the well being of societies. Reliable FDI statistics have always been essential for policy makers faced with the challenges of attracting and making the most of international investment. In the earl ...
IFRS Adoption Compliance Issues - Center for IT and e
... financial sub-ledgers, financial instrument valuation systems, and interfaces that post financial transactions. The general ledger contains the chart of accounts structure including performance metrics while the reporting data warehouse is responsible for the consolidation and/or allocation tools an ...
... financial sub-ledgers, financial instrument valuation systems, and interfaces that post financial transactions. The general ledger contains the chart of accounts structure including performance metrics while the reporting data warehouse is responsible for the consolidation and/or allocation tools an ...
A Theory of Repurchase Agreements, Collateral Re-use
... their funding needs by selling their assets spot or in repo sales, characterized as loans contracts exhibiting the key features of repos described above. In equilibrium, investors trade repos rather than spot. Haircuts increase with counterparty and asset risk but can be negative when collateral is ...
... their funding needs by selling their assets spot or in repo sales, characterized as loans contracts exhibiting the key features of repos described above. In equilibrium, investors trade repos rather than spot. Haircuts increase with counterparty and asset risk but can be negative when collateral is ...
- Franklin Templeton Investments
... Bond Index, posted a +4.37% total return.1 As you may know, since the end of the reporting period, dramatic changes have occurred. After the U.S. elections, investor focus seemed to shift to the possibility of tax reforms and economic stimulus in the form of more infrastructure projects and less gov ...
... Bond Index, posted a +4.37% total return.1 As you may know, since the end of the reporting period, dramatic changes have occurred. After the U.S. elections, investor focus seemed to shift to the possibility of tax reforms and economic stimulus in the form of more infrastructure projects and less gov ...
TORTOISE CAPITAL RESOURCES CORP (Form: N
... market value of our common shares exceeds the exercise price per warrant. We have agreed to bear specific expenses in connection with the registration and sale of the common shares and warrants being offered by the selling holders. Our common shares are listed on the New York Stock Exchange under th ...
... market value of our common shares exceeds the exercise price per warrant. We have agreed to bear specific expenses in connection with the registration and sale of the common shares and warrants being offered by the selling holders. Our common shares are listed on the New York Stock Exchange under th ...
Offering Memorandum - Morrison Laurier Mortgage Corporation
... “First Mortgage” means a mortgage having priority over all other security interests registered against the same real property used to secure such mortgage for which the principal amount, at the time of commitment, does not exceed 75% of the appraised value of the underlying real property securing th ...
... “First Mortgage” means a mortgage having priority over all other security interests registered against the same real property used to secure such mortgage for which the principal amount, at the time of commitment, does not exceed 75% of the appraised value of the underlying real property securing th ...
Risk, Uncertainty and Decision-making in the
... However, the methodological approaches adopted by the researchers conducting these studies precluded them from providing any explanation into the reasons why some techniques fail to be implemented and others succeed (Clemen, 1999). Consequently, some writers, typically behavioural decision theorists ...
... However, the methodological approaches adopted by the researchers conducting these studies precluded them from providing any explanation into the reasons why some techniques fail to be implemented and others succeed (Clemen, 1999). Consequently, some writers, typically behavioural decision theorists ...
Vanguard Convertible Securities Fund Prospectus Investor Shares
... they often have credit ratings either below investment grade or may not be rated. In addition, the credit rating of a company’s convertible securities is generally lower than that of its nonconvertible debt securities. Convertible securities are normally considered ”junior“ securities—that is, the i ...
... they often have credit ratings either below investment grade or may not be rated. In addition, the credit rating of a company’s convertible securities is generally lower than that of its nonconvertible debt securities. Convertible securities are normally considered ”junior“ securities—that is, the i ...
Foreclosures, House Prices, and the Real Economy
... we have the total number of filings for each of these five categories. The term “foreclosure” requires some explanation. The foreclosure process is initiated when a lender files a preauction filing (i.e., a lispendens or a notice of default). However, these filings in and of themselves do not repres ...
... we have the total number of filings for each of these five categories. The term “foreclosure” requires some explanation. The foreclosure process is initiated when a lender files a preauction filing (i.e., a lispendens or a notice of default). However, these filings in and of themselves do not repres ...
How Do Mergers Create Value? A Comparison of Taxes, Market
... Downloaded from http://rfs.oxfordjournals.org/ at D H Hill Library - Acquis Dept S on June 15, 2012 ...
... Downloaded from http://rfs.oxfordjournals.org/ at D H Hill Library - Acquis Dept S on June 15, 2012 ...
fourth quarter results 2015
... The Trust’s primary business goal is to accumulate a Canadian portfolio of high-quality real estate assets and then deliver the benefits of such real estate ownership to unitholders. The primary benefit is a reliable and, over time, increasing cash distribution. The Trust manages distributions to en ...
... The Trust’s primary business goal is to accumulate a Canadian portfolio of high-quality real estate assets and then deliver the benefits of such real estate ownership to unitholders. The primary benefit is a reliable and, over time, increasing cash distribution. The Trust manages distributions to en ...
Introduction to Share Buyback Valuation
... The prevalent hypothesis amongst finance scholars and practitioners is that share buybacks can substitute for dividend payouts as a way for companies to transfer capital to their shareholders, possibly with a tax advantage to the shareholders depending on their individual tax-rates for capital gains ...
... The prevalent hypothesis amongst finance scholars and practitioners is that share buybacks can substitute for dividend payouts as a way for companies to transfer capital to their shareholders, possibly with a tax advantage to the shareholders depending on their individual tax-rates for capital gains ...
Schwab Advisor Cash Reserves
... expenses during the 12-month reporting period ended December 31, 2016, to help the fund maintain a positive net yield. For more information about the fund’s yield and other important characteristics, please review the charts and footnotes that follow this discussion. Market Highlights. For the 12-mo ...
... expenses during the 12-month reporting period ended December 31, 2016, to help the fund maintain a positive net yield. For more information about the fund’s yield and other important characteristics, please review the charts and footnotes that follow this discussion. Market Highlights. For the 12-mo ...
EULIS presentation
... and easy check before employing traditional methods also. It is the first call because it is the most convenient one. The long term vision is to help create an environment to facilitate cross border lending in Europe through the transparency and availability of land and property data. EULIS goals To ...
... and easy check before employing traditional methods also. It is the first call because it is the most convenient one. The long term vision is to help create an environment to facilitate cross border lending in Europe through the transparency and availability of land and property data. EULIS goals To ...
IOSR Journal of Economics and Finance (IOSR-JEF)
... of movement with clear destination and reveal frankness in the thought .This isvalued as permanent, non depreciable and illegitimate quality that perpetually points to demerits of unnatural element containned. All good things, which exist, are the fruits of originality‘. (J.S Mill). A society made u ...
... of movement with clear destination and reveal frankness in the thought .This isvalued as permanent, non depreciable and illegitimate quality that perpetually points to demerits of unnatural element containned. All good things, which exist, are the fruits of originality‘. (J.S Mill). A society made u ...
Analysis of stock performance based on
... stocks. The second part is the theoretical foundation behind the measures and the risk incurred. Subsequently, a test of the approach and an analysis of the results are presented. Finally, the findings are evaluated and discussed, resulting in the fourth part, which determines the framework for the ...
... stocks. The second part is the theoretical foundation behind the measures and the risk incurred. Subsequently, a test of the approach and an analysis of the results are presented. Finally, the findings are evaluated and discussed, resulting in the fourth part, which determines the framework for the ...
Regulatory guidance – Integrated risk
... funding but was not prepared to commit additional resources to work with the trustees as they developed an IRM approach. Instead, the employer tended to react to the scheme’s circumstances as they emerged rather than plan in advance to address risks. The trustees worked hard to be transparent over t ...
... funding but was not prepared to commit additional resources to work with the trustees as they developed an IRM approach. Instead, the employer tended to react to the scheme’s circumstances as they emerged rather than plan in advance to address risks. The trustees worked hard to be transparent over t ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.