Annuities Market in Kenya - Retirement Benefits Authority
... notably predominant in Anglo Saxon countries. However, in countries where inflation indexed bonds are available such as the UK and Chile, there can be real annuities. Variants on these basic annuities are available in some markets such as survivor annuities. This type of annuity effectively covers a ...
... notably predominant in Anglo Saxon countries. However, in countries where inflation indexed bonds are available such as the UK and Chile, there can be real annuities. Variants on these basic annuities are available in some markets such as survivor annuities. This type of annuity effectively covers a ...
Market Portfolio
... 2. Investors can borrow or lend any amount of money at the risk-free rate of return (RFR). – This means that the conditions of portfolio separation theory will hold, at least at the individual level. – Note: it is always possible to lend money at the riskfree rate by buying securities such as T-bill ...
... 2. Investors can borrow or lend any amount of money at the risk-free rate of return (RFR). – This means that the conditions of portfolio separation theory will hold, at least at the individual level. – Note: it is always possible to lend money at the riskfree rate by buying securities such as T-bill ...
PDF
... A CGE model is a set of equations that describes the economic activities of consumers, producers, government, and traders in the markets for factors of production, output, and net imports. The model asserts that the supply and demand in each of these markets is equilibrated by a market-clearing pric ...
... A CGE model is a set of equations that describes the economic activities of consumers, producers, government, and traders in the markets for factors of production, output, and net imports. The model asserts that the supply and demand in each of these markets is equilibrated by a market-clearing pric ...
Climate proofing your finanCes: making your money
... and their shareholders and investors stemming from action towards the internationally agreed target of limiting global warming to two degrees. Engagement: informal ‘talk’ initiated by shareholders with company boards. ESG: environmental and social governance. Ethical investment: investment processes ...
... and their shareholders and investors stemming from action towards the internationally agreed target of limiting global warming to two degrees. Engagement: informal ‘talk’ initiated by shareholders with company boards. ESG: environmental and social governance. Ethical investment: investment processes ...
letter
... fair value accounting models and acting in an expeditious manner. We also applaud the FASB for the proposed OTTI FSP as we agree that it is a significant improvement from the current accounting model. We have focused our letter on a few aspects of the proposed FSPs that we believe the FASB should co ...
... fair value accounting models and acting in an expeditious manner. We also applaud the FASB for the proposed OTTI FSP as we agree that it is a significant improvement from the current accounting model. We have focused our letter on a few aspects of the proposed FSPs that we believe the FASB should co ...
() - ETF Securities
... Because FX volatility remains historically elevated, albeit moderating, momentum is a strategy that does not have a convincing underlying foundation. Volatility in the FX market ...
... Because FX volatility remains historically elevated, albeit moderating, momentum is a strategy that does not have a convincing underlying foundation. Volatility in the FX market ...
GCC Markets Monthly Report
... KSE started the month of February-15 on a positive note which, despite the decline in trading activity due to lesser number of trading days owing to the national holidays, recorded positive growth in all of the benchmark indices. Investors primarily targeted large cap stocks during the month, which ...
... KSE started the month of February-15 on a positive note which, despite the decline in trading activity due to lesser number of trading days owing to the national holidays, recorded positive growth in all of the benchmark indices. Investors primarily targeted large cap stocks during the month, which ...
Crowdfunding - North American Securities Administrators Association
... If you do not comply with disclosure requirements, you and your business can be liable for securities fraud and subject to private lawsuits as well as administrative enforcement actions. ...
... If you do not comply with disclosure requirements, you and your business can be liable for securities fraud and subject to private lawsuits as well as administrative enforcement actions. ...
Managing currency exposure in Australian superannuation funds
... dampen the volatility of unhedged returns when translated back to AUD, leading to the somewhat surprising result that the volatility of hedged returns can, in some cases, be higher than the volatility of unhedged ...
... dampen the volatility of unhedged returns when translated back to AUD, leading to the somewhat surprising result that the volatility of hedged returns can, in some cases, be higher than the volatility of unhedged ...
Australia`s Foreign Investment Policy
... The impact of the investment is also a consideration. An investment that enhances economic activity such as by developing additional productive capacity or new technology is less likely to be contrary to the national interest. The national interest test also recognises the importance of Australia’s ...
... The impact of the investment is also a consideration. An investment that enhances economic activity such as by developing additional productive capacity or new technology is less likely to be contrary to the national interest. The national interest test also recognises the importance of Australia’s ...
This PDF is a selection from an out-of-print volume from... of Economic Research
... There are as many categories of financial flows as there are types of financial instruments, i.e., types of intangible assets and liabilities that are reasonably homogeneous internally and distinguishable from each other. Within financial stocks and flows, the basic distinction is between claims, wh ...
... There are as many categories of financial flows as there are types of financial instruments, i.e., types of intangible assets and liabilities that are reasonably homogeneous internally and distinguishable from each other. Within financial stocks and flows, the basic distinction is between claims, wh ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... though some of the issues that I raise also apply to such models. An academic literature over the last decade or so has made a promising start at developing models in which financial frictions aVect the aggregate economy primarily through their eVect on investment decisions (see, for example, Bernan ...
... though some of the issues that I raise also apply to such models. An academic literature over the last decade or so has made a promising start at developing models in which financial frictions aVect the aggregate economy primarily through their eVect on investment decisions (see, for example, Bernan ...
Momma Told Me Not to Do That: Our Discount for Estate Tax
... With a MAP, the partnership should qualify for this exception: the partnership is not engaged in a trade or business, almost all assets consist of money, stocks, and other publicly traded securities, and essentially only family members have been members. D. Section 731 is Only the Beginning in Deter ...
... With a MAP, the partnership should qualify for this exception: the partnership is not engaged in a trade or business, almost all assets consist of money, stocks, and other publicly traded securities, and essentially only family members have been members. D. Section 731 is Only the Beginning in Deter ...
infrastructure investment in iceland
... In order to be successful, public-private partnerships need to be properly designed. Institutional investors are typically interested in such projects not because of large expected profits, but rather because they typically offer a relatively stable yield that has low correlation with other market a ...
... In order to be successful, public-private partnerships need to be properly designed. Institutional investors are typically interested in such projects not because of large expected profits, but rather because they typically offer a relatively stable yield that has low correlation with other market a ...
Chap11
... Lack of government regulation. Pay higher interest rates. Charge lower rates. Reserve restrictions are less costly. ...
... Lack of government regulation. Pay higher interest rates. Charge lower rates. Reserve restrictions are less costly. ...
baker sample chapter
... • Corporation: a legal entity separate and distinct from its owners. Each of these legal forms of organizing firms has distinct advantages and disadvantages. As a firm grows in size, the advantages of the corporate form generally outweigh its disadvantages. In particular, the corporate form of busin ...
... • Corporation: a legal entity separate and distinct from its owners. Each of these legal forms of organizing firms has distinct advantages and disadvantages. As a firm grows in size, the advantages of the corporate form generally outweigh its disadvantages. In particular, the corporate form of busin ...
Indicators of Economic Activity: A Review
... One response to such information problems is the leading index approach. This aims essentially at constructing a composite index of available partial indicators which has, in some statistical sense, optimal properties in leading the cycle. Two such indexes are currently published in Australia.1 In p ...
... One response to such information problems is the leading index approach. This aims essentially at constructing a composite index of available partial indicators which has, in some statistical sense, optimal properties in leading the cycle. Two such indexes are currently published in Australia.1 In p ...
KASE Standard Presentation dated September 1, 2007
... KASE was established at November 17, 1993 under the name of Kazakh Interbank Currency Exchange, two days after the launching of tenge – new legal tender of Kazakhstan. Now, that day (November 15) is celebrated as the official annual holiday "The Day of Financiers". ...
... KASE was established at November 17, 1993 under the name of Kazakh Interbank Currency Exchange, two days after the launching of tenge – new legal tender of Kazakhstan. Now, that day (November 15) is celebrated as the official annual holiday "The Day of Financiers". ...
Systemic Risk and Regulation
... • One of the factors that we hear a great deal about is the problem of moral hazard and crises • The basic idea is that if there are government guarantees or IMF guarantees then banks or borrowers or somebody else who benefits from the guarantees will have an incentive to take risks – they obtain th ...
... • One of the factors that we hear a great deal about is the problem of moral hazard and crises • The basic idea is that if there are government guarantees or IMF guarantees then banks or borrowers or somebody else who benefits from the guarantees will have an incentive to take risks – they obtain th ...
National wealth, land values and monetary policy
... is preserved between capital and earning power”. This is especially so when funding costs today are lower than at the time when Shann was writing, and indeed, in many cases, the lowest since Federation. But, as he often pointed out, money spent on infrastructure can be wasted easily. The key here is ...
... is preserved between capital and earning power”. This is especially so when funding costs today are lower than at the time when Shann was writing, and indeed, in many cases, the lowest since Federation. But, as he often pointed out, money spent on infrastructure can be wasted easily. The key here is ...
ReAssure Limited Annual Accounts 2015
... liabilities is determined by means of projecting expected cash flows from the contracts using the statutory valuation basis. Any divergence that occurs between the mean duration of the assets/liabilities is minimised by buying and selling fixed interest securities to achieve the desired portfolio du ...
... liabilities is determined by means of projecting expected cash flows from the contracts using the statutory valuation basis. Any divergence that occurs between the mean duration of the assets/liabilities is minimised by buying and selling fixed interest securities to achieve the desired portfolio du ...
Download attachment
... sheet of an IIFS suggests that its business activities resemble a “one-stop shopping” model. • The nature of risks to which an IIFS is exposed is not necessarily the same as those of a conventional bank. • IIFS do not have the option to sell at a discount or to repackage and sell off their financial ...
... sheet of an IIFS suggests that its business activities resemble a “one-stop shopping” model. • The nature of risks to which an IIFS is exposed is not necessarily the same as those of a conventional bank. • IIFS do not have the option to sell at a discount or to repackage and sell off their financial ...
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.