Regulatory Guide RG 240 Hedge funds: Improving disclosure
... for the dominant purpose of more efficiently gaining an economic exposure, through the use of exchange-traded derivatives, to the underlying reference assets of those derivatives, but only on a temporary basis (i.e. less than 28 days, which cannot be extended by rolling over or replacing the deriv ...
... for the dominant purpose of more efficiently gaining an economic exposure, through the use of exchange-traded derivatives, to the underlying reference assets of those derivatives, but only on a temporary basis (i.e. less than 28 days, which cannot be extended by rolling over or replacing the deriv ...
Far East Hospitality Trust - Singapore
... This report is prepared by DBS Bank Ltd. This report is solely intended for the clients of DBS Bank Ltd, DBS Vickers Securities (Singapore) Pte Ltd, its respective connected and associated corporations and affiliates only and no part of this document may be (i) copied, photocopied or duplicated in a ...
... This report is prepared by DBS Bank Ltd. This report is solely intended for the clients of DBS Bank Ltd, DBS Vickers Securities (Singapore) Pte Ltd, its respective connected and associated corporations and affiliates only and no part of this document may be (i) copied, photocopied or duplicated in a ...
Pure Leverage Increases: An Empirical Investigation
... and auto industry in Section II and financial ratio analysis in Section III, we incorporate this information into a class exercise that includes analysts’ assessment. Question 1 asks for an economic and industrial analysis. In regards to Questions 2−4, we indicate that students are provided with the ...
... and auto industry in Section II and financial ratio analysis in Section III, we incorporate this information into a class exercise that includes analysts’ assessment. Question 1 asks for an economic and industrial analysis. In regards to Questions 2−4, we indicate that students are provided with the ...
German Mittelstand-Bonds. A role model for Poland?
... Although Poland looks back at 21 years of continuous economical growth, it had to wait for Europe’s full attention until 2009, being the only EU-member to avoid a recession (Polska Agencja Rozwoju Przedsiębiorczości, 2012). Alongside with the economic growth, Poland has developed the largest capital ...
... Although Poland looks back at 21 years of continuous economical growth, it had to wait for Europe’s full attention until 2009, being the only EU-member to avoid a recession (Polska Agencja Rozwoju Przedsiębiorczości, 2012). Alongside with the economic growth, Poland has developed the largest capital ...
`Parsing the Reality and Promise of Gulf
... the real estate, energy and tourism sectors. These sectors are well-suited for GCC investors due to their prominence in Gulf economies.17According to Sourav Kumar, head of Middle East sales and marketing for Prudential Asset Management, ‚*For Gulf investors+ real estate is likely to remain the most ...
... the real estate, energy and tourism sectors. These sectors are well-suited for GCC investors due to their prominence in Gulf economies.17According to Sourav Kumar, head of Middle East sales and marketing for Prudential Asset Management, ‚*For Gulf investors+ real estate is likely to remain the most ...
The final version of the Department of Labor`s fiduciary rule was
... regarding rollovers from employer-sponsored retirement accounts into IRAs. They do not need to have clients sign a Best Interest Contract, provided they can demonstrate that the rollover is in the client’s best interest. Level-fee fiduciaries receive the same compensation regardless of the client’s ...
... regarding rollovers from employer-sponsored retirement accounts into IRAs. They do not need to have clients sign a Best Interest Contract, provided they can demonstrate that the rollover is in the client’s best interest. Level-fee fiduciaries receive the same compensation regardless of the client’s ...
Financial Management
... Perpetuity is an annuity that has no definite end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence (although the British government has issued them in the past, and they are known and still trade. A number of types of investments are effectively pe ...
... Perpetuity is an annuity that has no definite end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence (although the British government has issued them in the past, and they are known and still trade. A number of types of investments are effectively pe ...
The Faroese External Debt Statistics 2003 and
... has shown the importance of having reliable, comprehensive and comparable data information on external debt. Its importance is even more reinforced nowadays due to the nature of the international financial markets and their impact on our small, but nevertheless open economy. The previous compilation ...
... has shown the importance of having reliable, comprehensive and comparable data information on external debt. Its importance is even more reinforced nowadays due to the nature of the international financial markets and their impact on our small, but nevertheless open economy. The previous compilation ...
Program Schedules, Event Data and Telephone Subscriber
... costs must be directly attributable to the database to qualify as relevant 'investment'.[21] A quite different argument, but leading in the same direction, might be found in the (competition law based) maxim that the costs incurred in performing the primary activity (e.g. organising football matche ...
... costs must be directly attributable to the database to qualify as relevant 'investment'.[21] A quite different argument, but leading in the same direction, might be found in the (competition law based) maxim that the costs incurred in performing the primary activity (e.g. organising football matche ...
Fair Value: Fact or Opinion
... If life were simple, the value of an asset would be analyzed by looking at how an exactly identical asset - in terms of risk, growth and cash flows - is priced. Identical assets can be found with real assets or even with fixed income assets, but difficult to find with risky assets or businesses. In ...
... If life were simple, the value of an asset would be analyzed by looking at how an exactly identical asset - in terms of risk, growth and cash flows - is priced. Identical assets can be found with real assets or even with fixed income assets, but difficult to find with risky assets or businesses. In ...
Finance 419
... operating leverage is the ratio of fixed costs to variable costs. Higher financial leverage also means higher equity beta. ...
... operating leverage is the ratio of fixed costs to variable costs. Higher financial leverage also means higher equity beta. ...
Investor Preferences and Demand for Active Management
... the coexistence of the demands for both downside protection and upside seeking and can differentiate the demand for investments with payoffs in specific parts of the distribution. Therefore, it is not clear whether investor sentiment can indeed serve as a substitute for tail preferences. Nonetheless ...
... the coexistence of the demands for both downside protection and upside seeking and can differentiate the demand for investments with payoffs in specific parts of the distribution. Therefore, it is not clear whether investor sentiment can indeed serve as a substitute for tail preferences. Nonetheless ...
Unequal Neighbors - Population Growth Divergence in Europe
... This section presents the simulation results using the multi-country model outlined in the previous section. The model includes the following euro area members: Germany, Spain, France, and Italy. The rest of the world is approximated by four countries (henceforth G4): the United Kingdom, the United ...
... This section presents the simulation results using the multi-country model outlined in the previous section. The model includes the following euro area members: Germany, Spain, France, and Italy. The rest of the world is approximated by four countries (henceforth G4): the United Kingdom, the United ...
Prospectus of Zurich Investment Funds ICVC
... representations in connection with the offering of Shares other than those contained in this Prospectus and, if given or made, such information or representations must not be relied upon as having been made by the Company or the ACD. The delivery of this Prospectus (whether or not accompanied by any ...
... representations in connection with the offering of Shares other than those contained in this Prospectus and, if given or made, such information or representations must not be relied upon as having been made by the Company or the ACD. The delivery of this Prospectus (whether or not accompanied by any ...
Investing in Exchange Traded Funds (ETFs):
... • Trading hours correspond with the regular trading hours of the Toronto Exchange and U.S. exchanges (normally 9:30 AM – 4:00 PM eastern time). • All ETFs have redemption features. Holders with large positions in ETFs are allowed to exchange their units for shares that underlie the unit. Net result: ...
... • Trading hours correspond with the regular trading hours of the Toronto Exchange and U.S. exchanges (normally 9:30 AM – 4:00 PM eastern time). • All ETFs have redemption features. Holders with large positions in ETFs are allowed to exchange their units for shares that underlie the unit. Net result: ...
TNI BLUE CHIP UAE FUND - The National Investor
... liable to any Unit Holder for any consequences of exercising any discretion or making any determination in good faith with respect to such redemption. U.S. TAX CONSIDERATIONS: This Memorandum does not address the U.S. tax consequences of the acquisition, ownership and disposition of Units in the Fun ...
... liable to any Unit Holder for any consequences of exercising any discretion or making any determination in good faith with respect to such redemption. U.S. TAX CONSIDERATIONS: This Memorandum does not address the U.S. tax consequences of the acquisition, ownership and disposition of Units in the Fun ...
collaboration | commercialisation | diversification
... • Investment in New Plant and Equipment – BEL Valves – Total Investment: £2.6m (2004) & £1.7m (2005) – Total Planned Investment £1.4m (2006) – Doubled Machining and A&T Capacity in 3 Years ...
... • Investment in New Plant and Equipment – BEL Valves – Total Investment: £2.6m (2004) & £1.7m (2005) – Total Planned Investment £1.4m (2006) – Doubled Machining and A&T Capacity in 3 Years ...
Does Fund Size Erode Performance? Organizational Diseconomies
... In other words, liquidity means that big funds need to find more stock ideas than small ones but liquidity itself does not explain why they cannot go about doing this, i.e. why they cannot scale. Put another way, why cannot two small funds merge into one large fund and still have the performance of ...
... In other words, liquidity means that big funds need to find more stock ideas than small ones but liquidity itself does not explain why they cannot go about doing this, i.e. why they cannot scale. Put another way, why cannot two small funds merge into one large fund and still have the performance of ...
How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks
... balance sheets. For the better part of three decades, the value of residential real estate, including land and capital, has gone up dramatically. Between 2000 and 2005, US households added $10 trillion in assets to their balance sheets, most of it due to increases in the value of land. This boom in ...
... balance sheets. For the better part of three decades, the value of residential real estate, including land and capital, has gone up dramatically. Between 2000 and 2005, US households added $10 trillion in assets to their balance sheets, most of it due to increases in the value of land. This boom in ...
2010 - About KLP
... The total costs of the fire damage for KLP Skadeforsikring amount to almost NOK 300 million. In comparison, the average for the last five years has been NOK 20 million! It is expected that these figures will vary substantially, but this is a dramatic deviation for one single accounting year. Looking ...
... The total costs of the fire damage for KLP Skadeforsikring amount to almost NOK 300 million. In comparison, the average for the last five years has been NOK 20 million! It is expected that these figures will vary substantially, but this is a dramatic deviation for one single accounting year. Looking ...
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.