Annual Report 2016
... In 2016, despite major efforts undertaken in a slightly declining market, the ams group did not succeed in repeating the outstanding financial results achieved in the year before. Over the past year, ams’ revenues and earnings did not meet our own expectations. The medium and long-term prospects of ...
... In 2016, despite major efforts undertaken in a slightly declining market, the ams group did not succeed in repeating the outstanding financial results achieved in the year before. Over the past year, ams’ revenues and earnings did not meet our own expectations. The medium and long-term prospects of ...
The Kay Review of UK Equity Markets and Long–Term Decision
... In 2010, only 11.5 per cent of UK shares were owned directly by individuals. In the early 1960s this figure was as high as 54 per cent. The major investment decisions which affect British companies are now taken by asset fund managers around the world who work for firms which control billions, often ...
... In 2010, only 11.5 per cent of UK shares were owned directly by individuals. In the early 1960s this figure was as high as 54 per cent. The major investment decisions which affect British companies are now taken by asset fund managers around the world who work for firms which control billions, often ...
OECD Benchmark Definition of Foreign Direct Investment
... attracting and making the most of international investment. In the early 1980s, the OECD recognised that traditional reporting models could not account for the removal of regulatory barriers for cross-border investments, the evolution of multinational enterprises and the increasing complexity of the ...
... attracting and making the most of international investment. In the early 1980s, the OECD recognised that traditional reporting models could not account for the removal of regulatory barriers for cross-border investments, the evolution of multinational enterprises and the increasing complexity of the ...
NBER WORKING PAPER SERIES DEMAND-BASED OPTION PRICING Nicolae Garleanu Lasse Heje Pedersen
... in zero net supply, a representative investor holds no options. We reconcile this finding for dealers who have significant short index option positions. Intuitively, an investor will short index options, but only a finite number of options. Hence, while a standardutility investor may not be marginal ...
... in zero net supply, a representative investor holds no options. We reconcile this finding for dealers who have significant short index option positions. Intuitively, an investor will short index options, but only a finite number of options. Hence, while a standardutility investor may not be marginal ...
risk management five years after the crisis
... Final Report of the IIF Committee on Market Best Practices: Principles of Conduct and Best Practice Recommendations, July 2008 ...
... Final Report of the IIF Committee on Market Best Practices: Principles of Conduct and Best Practice Recommendations, July 2008 ...
Liquidity Coverage Ratio
... internal liquidity risk tolerance levels for foreign currency liabilities and take into account the risk that its ability to swap currencies (e.g. swap facilities with counterparties to obtain required foreign currencies) and access to the relevant foreign exchange markets may rapidly erode under st ...
... internal liquidity risk tolerance levels for foreign currency liabilities and take into account the risk that its ability to swap currencies (e.g. swap facilities with counterparties to obtain required foreign currencies) and access to the relevant foreign exchange markets may rapidly erode under st ...
Understanding Trading and Investment Warrants
... underlying instrument until exercise and unlike shares, will expire after a certain period of time. There are however some key differences between warrants and ETOs such as: ∙∙ The terms of ETOs are standardised and are set by ASX, whereas the terms of different warrant series are set by the issuer ...
... underlying instrument until exercise and unlike shares, will expire after a certain period of time. There are however some key differences between warrants and ETOs such as: ∙∙ The terms of ETOs are standardised and are set by ASX, whereas the terms of different warrant series are set by the issuer ...
Debt Structure and Financial Flexibility
... external financing (new issues net of reductions). Furthermore, I exploit large, “proactive” increases in debt and equity (as identified and defined by Denis and McKeon 2012 and McKeon 2015) to obtain additional results. These are substantial new financing transactions that indicate a large amount o ...
... external financing (new issues net of reductions). Furthermore, I exploit large, “proactive” increases in debt and equity (as identified and defined by Denis and McKeon 2012 and McKeon 2015) to obtain additional results. These are substantial new financing transactions that indicate a large amount o ...
CALCULATION OF REGISTRATION FEE Common - corporate
... This document is in two parts. The first part is this prospectus supplement, which describes the specific terms of this offering. The second part, the accompanying prospectus, provides more general information, some of which may not apply to this offering. This prospectus supplement and the informat ...
... This document is in two parts. The first part is this prospectus supplement, which describes the specific terms of this offering. The second part, the accompanying prospectus, provides more general information, some of which may not apply to this offering. This prospectus supplement and the informat ...
hub24 invest idps guide
... and set up a minimum trade size. For more information, refer to Section 8: Operating your account. You should also discuss with your adviser whether setting up investment preferences is suitable for your needs. ...
... and set up a minimum trade size. For more information, refer to Section 8: Operating your account. You should also discuss with your adviser whether setting up investment preferences is suitable for your needs. ...
Why firms issue callable bonds: Hedging
... whether or not to invest the cash in the future project. Because the firm tries to maximize its equity value, the investment decision may not be efficient if the bond is non-callable. More specifically, the firm may want to invest in a negative NPV but risky future project. This is because although inve ...
... whether or not to invest the cash in the future project. Because the firm tries to maximize its equity value, the investment decision may not be efficient if the bond is non-callable. More specifically, the firm may want to invest in a negative NPV but risky future project. This is because although inve ...
1 - Eng_SOMMARIO BILANCIO
... A business segment is a group of assets and operations the aim of which is to provide products or services and that is subject to risks and returns that are different from those of other business segments. A geographical segment refers to a group of assets and operations that provides products and s ...
... A business segment is a group of assets and operations the aim of which is to provide products or services and that is subject to risks and returns that are different from those of other business segments. A geographical segment refers to a group of assets and operations that provides products and s ...
preface - The Cheap Investor
... Almost everyone has heard the old adage, “Buy low and sell high”. Logically, that is the only way an investor will make money. The problem most investors have is they don’t think for themselves. Instead, they follow the herd. They get caught up in momentum buying, where they buy a stock that has hit ...
... Almost everyone has heard the old adage, “Buy low and sell high”. Logically, that is the only way an investor will make money. The problem most investors have is they don’t think for themselves. Instead, they follow the herd. They get caught up in momentum buying, where they buy a stock that has hit ...
Proposed Rule: Money Market Fund Reform
... per share (“NAV”). The second alternative proposal would require money market funds to impose a liquidity fee (unless the fund’s board determines that it is not in the best interest of the fund) if a fund’s liquidity levels fell below a specified threshold and would permit the funds to suspend redem ...
... per share (“NAV”). The second alternative proposal would require money market funds to impose a liquidity fee (unless the fund’s board determines that it is not in the best interest of the fund) if a fund’s liquidity levels fell below a specified threshold and would permit the funds to suspend redem ...
Establishing world-class connectivity throughout the UK
... We have considered the case for establishing a standalone broadband utility provider using a regulatory asset base model. While the concept of having a single system operator could in theory be conducive to the management of a universal service obligation for broadband, we believe the differences be ...
... We have considered the case for establishing a standalone broadband utility provider using a regulatory asset base model. While the concept of having a single system operator could in theory be conducive to the management of a universal service obligation for broadband, we believe the differences be ...
Lithium Juniors Initiation
... This shift is not driven by declining usage in non-battery industrial demand which is expected to continue to grow at 4% CAGR between 2015-2025 driven by recovery in advanced economies along with positive momentum from emerging markets like China and India. Instead the shift is driven by the combina ...
... This shift is not driven by declining usage in non-battery industrial demand which is expected to continue to grow at 4% CAGR between 2015-2025 driven by recovery in advanced economies along with positive momentum from emerging markets like China and India. Instead the shift is driven by the combina ...
OM Asset Management plc (Form: 10-K, Received
... Our future revenue, earnings and financial performance may fluctuate due to numerous factors, such as: the earnings of our Affiliates; the total value and composition of our Affiliates' assets under management; the concentration of revenues in limited numbers of Affiliates and asset classes; the qua ...
... Our future revenue, earnings and financial performance may fluctuate due to numerous factors, such as: the earnings of our Affiliates; the total value and composition of our Affiliates' assets under management; the concentration of revenues in limited numbers of Affiliates and asset classes; the qua ...
exam3a - Trinity University
... contract with an underlying that is not exchange traded. See KPMG Example 16 on Page 64.] 31. (03 Points) The following contract does not have a SFAS 133 Paragraph 6 notional in a clear sense. Company C pays $100,000 for an option to receive $2 million if the average LIBOR for the next 12 months exc ...
... contract with an underlying that is not exchange traded. See KPMG Example 16 on Page 64.] 31. (03 Points) The following contract does not have a SFAS 133 Paragraph 6 notional in a clear sense. Company C pays $100,000 for an option to receive $2 million if the average LIBOR for the next 12 months exc ...
Options on Fed funds futures and interst rate volatity
... options on Fed Funds futures on the volatility in underlying markets: the Fed Funds spot and Fed Funds futures. Since their introduction on March 14, 2003, CBOT options1 on the Fed Funds futures have become increasingly popular2 for risk management. The possibility that the volatility in the primary ...
... options on Fed Funds futures on the volatility in underlying markets: the Fed Funds spot and Fed Funds futures. Since their introduction on March 14, 2003, CBOT options1 on the Fed Funds futures have become increasingly popular2 for risk management. The possibility that the volatility in the primary ...
Assessing profitability in competition policy analysis
... for which reliable data on cash flows and asset values is available over a sufficiently long time period. The methodology may be less suited for assessing future performance based on forecast data, or in cases where cost and revenue allocation or asset valuation are particularly complicated. ...
... for which reliable data on cash flows and asset values is available over a sufficiently long time period. The methodology may be less suited for assessing future performance based on forecast data, or in cases where cost and revenue allocation or asset valuation are particularly complicated. ...
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.