paper
... higher values than the former. Likewise, when estimating risk values for nonfatal injuries, those derived by the CA method were higher than those derived by the CV method. There are several possible explanations for these results. First, the theoretical foundation differs between the elicitation met ...
... higher values than the former. Likewise, when estimating risk values for nonfatal injuries, those derived by the CA method were higher than those derived by the CV method. There are several possible explanations for these results. First, the theoretical foundation differs between the elicitation met ...
Money Magazine - Cover Story - April 2012
... 6. Borrow against your home to invest If you have the available equity in your home, you could borrow up to $150,000 to invest directly into shares, managed funds or property. At 7%pa, the interest payments would be $202 a week and tax deductible. Income and tax refunds could be directed to your hom ...
... 6. Borrow against your home to invest If you have the available equity in your home, you could borrow up to $150,000 to invest directly into shares, managed funds or property. At 7%pa, the interest payments would be $202 a week and tax deductible. Income and tax refunds could be directed to your hom ...
Spotlight on catastrophe bonds
... not exclude or restrict any duty or liability that Schroders has to its customers under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system. Schroders has expressed its own views and opinions in this document and these may change. Reliance should ...
... not exclude or restrict any duty or liability that Schroders has to its customers under the Financial Services and Markets Act 2000 (as amended from time to time) or any other regulatory system. Schroders has expressed its own views and opinions in this document and these may change. Reliance should ...
Document
... This material is considered as a marketing communication and does not contain and should not be construed as containing investment advice or an investment recommendation, or, an offer of or solicitation for any transactions in financial instruments. Past performance does not guarantee or predict fut ...
... This material is considered as a marketing communication and does not contain and should not be construed as containing investment advice or an investment recommendation, or, an offer of or solicitation for any transactions in financial instruments. Past performance does not guarantee or predict fut ...
Is It Time for an Infrastructure Push?
... and it is one of the few remaining policy levers available to support growth, given already accommodative monetary policy. In developing economies it could help address existing and nascent infrastructure bottlenecks. And in all economies it would help boost medium-term output, as higher infrastruct ...
... and it is one of the few remaining policy levers available to support growth, given already accommodative monetary policy. In developing economies it could help address existing and nascent infrastructure bottlenecks. And in all economies it would help boost medium-term output, as higher infrastruct ...
Emerging Markets Small Caps— The Undiscovered
... Investing in foreign securities, especially in emerging markets, entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. Investing in small cap funds will be more volatile and loss of principal could be greater than inve ...
... Investing in foreign securities, especially in emerging markets, entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus. Investing in small cap funds will be more volatile and loss of principal could be greater than inve ...
Malaysia`s budget-Nothing to rock the boat
... further in 2016, adding to a steepening bias of the MGS curve. There are five more auctions for the rest of 2015. The Ministry of Finance has raised MYR77bn via government bonds year to date. Fiscal revenues have improved this year and as such, the size of upcoming auctions could be smaller than ave ...
... further in 2016, adding to a steepening bias of the MGS curve. There are five more auctions for the rest of 2015. The Ministry of Finance has raised MYR77bn via government bonds year to date. Fiscal revenues have improved this year and as such, the size of upcoming auctions could be smaller than ave ...
Michael S. Taht
... dividend scales assuming a continuation of experience underlying the scale (4) Surplus and Related Assets provide for adverse deviation over and above that absorbed by policyholder dividends ...
... dividend scales assuming a continuation of experience underlying the scale (4) Surplus and Related Assets provide for adverse deviation over and above that absorbed by policyholder dividends ...
credit risk management: the next great financial challenge
... Option based (e.g. KMV’s CreditMonitor) for publicly traded companies ...
... Option based (e.g. KMV’s CreditMonitor) for publicly traded companies ...
A factor portfolio
... • Now, consider 2 stocks, A and B. Stock A has a low sensitivity to GDP risk (i.e. a low GDP beta) and has a relatively high sensitivity to interest rates (i.e. a high interest rate beta) . Conversely, stock B is very sensitive to economic activity, but it is not very sensitive to interest rates (i ...
... • Now, consider 2 stocks, A and B. Stock A has a low sensitivity to GDP risk (i.e. a low GDP beta) and has a relatively high sensitivity to interest rates (i.e. a high interest rate beta) . Conversely, stock B is very sensitive to economic activity, but it is not very sensitive to interest rates (i ...
IFM7 Chapter 3
... conditions within companies change over time, and those changes might not be reflected in historical betas. For example, it is well recognized that the more financial leverage a company uses, the higher its beta should be. However, if the historical beta is calculated using say 5 years of monthly da ...
... conditions within companies change over time, and those changes might not be reflected in historical betas. For example, it is well recognized that the more financial leverage a company uses, the higher its beta should be. However, if the historical beta is calculated using say 5 years of monthly da ...
POSITION - Eurofinas and 32 others offer comments to the
... The current proposal includes a restriction on the maturity of assets that can be financed by conduits, which will artificially close this type of financing to certain types of assets currently funded in this way, such as, for example certain car loans, equipment leases or longer dated SME loans. Th ...
... The current proposal includes a restriction on the maturity of assets that can be financed by conduits, which will artificially close this type of financing to certain types of assets currently funded in this way, such as, for example certain car loans, equipment leases or longer dated SME loans. Th ...
Varun Beverages
... (pre-approved by PepsiCo) for which it does not enter into any long term supply contract. Further, the company has very limited pricing power. Hence, any fluctuation in prices may put pressure on the company’s profitability as it would be unable to pass on higher prices to customers. ...
... (pre-approved by PepsiCo) for which it does not enter into any long term supply contract. Further, the company has very limited pricing power. Hence, any fluctuation in prices may put pressure on the company’s profitability as it would be unable to pass on higher prices to customers. ...
Inverse Bank Run, Output, and Welfare Distribution
... one unit of output. The queue would look like an “inverse bank run”. The typical image of a bank run is a queue of customers waiting in line outside a bank, attempting to withdraw their deposits. In contrast, in a capital-inflow episode, as pictured here, the queue is composed of individuals who are ...
... one unit of output. The queue would look like an “inverse bank run”. The typical image of a bank run is a queue of customers waiting in line outside a bank, attempting to withdraw their deposits. In contrast, in a capital-inflow episode, as pictured here, the queue is composed of individuals who are ...
1. How Capital Markets Work
... 1.1.1. Why People Save ➤ Why do people save? ■ Making savings means ◆ “consumption today” is postponed in favor of ◆ “consumption in the future” ■ Why are people willing to give up “consumption today” in favor of “consumption in the future”? ■ Because they receive interest payments for their savings ...
... 1.1.1. Why People Save ➤ Why do people save? ■ Making savings means ◆ “consumption today” is postponed in favor of ◆ “consumption in the future” ■ Why are people willing to give up “consumption today” in favor of “consumption in the future”? ■ Because they receive interest payments for their savings ...
How should Russia allocate its oil revenues, when it faces sanctions?
... Russian economy better, I will introduce different resource prices and extraction paths. In this way it will be easier to show the effect of recent geopolitical changes in status of a country with plenty of natural resources, but lack of value added production and big misbalances in economy, low pro ...
... Russian economy better, I will introduce different resource prices and extraction paths. In this way it will be easier to show the effect of recent geopolitical changes in status of a country with plenty of natural resources, but lack of value added production and big misbalances in economy, low pro ...
![item[`#file`]->filename - Open Michigan](http://s1.studyres.com/store/data/021191075_1-36ce23228fd8a88fa4a71cb51eef3709-300x300.png)
item[`#file`]->filename - Open Michigan
... are responsible for their compliance with applicable law. Mention of specific products in this material solely represents the opinion of the speaker and does not represent an endorsement by the University of Michigan. For more information about how to cite these materials visit http://michigan.educo ...
... are responsible for their compliance with applicable law. Mention of specific products in this material solely represents the opinion of the speaker and does not represent an endorsement by the University of Michigan. For more information about how to cite these materials visit http://michigan.educo ...
SINA distribution 41273
... Securities Committee pursuant to OCC By-Laws, Article VI, Sections 11 and 11A. The adjustment panel is comprised of representatives from OCC and each exchange which trades the affected option. The determination to adjust futures and the nature of any adjustment is made by OCC pursuant to OCC ByLaws, ...
... Securities Committee pursuant to OCC By-Laws, Article VI, Sections 11 and 11A. The adjustment panel is comprised of representatives from OCC and each exchange which trades the affected option. The determination to adjust futures and the nature of any adjustment is made by OCC pursuant to OCC ByLaws, ...
The DOL`s Final “Fiduciary” Rule—Countdown to
... has issued final regulations (the “Final Rule”) defining who is a fiduciary as a result of providing “investment advice” to employee benefit plans covered by established regulations. The Final Rule retains the basic structure of the earlier Proposed Rule but includes clarifications and adjustments i ...
... has issued final regulations (the “Final Rule”) defining who is a fiduciary as a result of providing “investment advice” to employee benefit plans covered by established regulations. The Final Rule retains the basic structure of the earlier Proposed Rule but includes clarifications and adjustments i ...
Investment fund
An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group. These advantages include an ability to: hire professional investment managers, which may potentially be able to offer better returns and more adequate risk management; benefit from economies of scale, i.e., lower transaction costs; increase the asset diversification to reduce some unsystemic risk.Terminology varies with country but investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. An investment fund may be held by the public, such as a mutual fund, exchange-traded fund, or closed-end fund, or it may be sold only in a private placement, such as a hedge fund or private equity fund. The term also includes specialized vehicles such as collective and common trust funds, which are unique bank-managed funds structured primarily to commingle assets from qualifying pension plans or trusts.Investment funds are promoted with a wide range of investment aims either targeting specific geographic regions (e.g., emerging markets or Europe) or specified industry sectors (e.g., technology). Depending on the country there is normally a bias towards the domestic market due to familiarity, and the lack of currency risk. Funds are often selected on the basis of these specified investment aims, their past investment performance, and other factors such as fees.