The Potential and Limitations of Impact Bonds
... malaria result from the inability of governments to equitably deliver high-quality services in the education and health sectors. This inability may arise from lack of resources, ineffective use of such resources, or both. In developing countries, for instance, limited tax revenue may lead to inadequ ...
... malaria result from the inability of governments to equitably deliver high-quality services in the education and health sectors. This inability may arise from lack of resources, ineffective use of such resources, or both. In developing countries, for instance, limited tax revenue may lead to inadequ ...
Weatherford International plc
... an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information contained or incorporated by reference in this prospectus supplement, the accompanying prospectus, any related issuer free writing prospectus, or any document incorp ...
... an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information contained or incorporated by reference in this prospectus supplement, the accompanying prospectus, any related issuer free writing prospectus, or any document incorp ...
Managing biodiversity correctly – Efficient portfolio - Bio
... “Of every clean beast thou shalt take to thee by sevens, the male and his female; and of beasts that are not clean by two, the male and his female, to keep seed alive upon the face of all the earth.”(Genesis 7, 2-3) Similar accounts can be found in other religious texts, for instance in the Koran (c ...
... “Of every clean beast thou shalt take to thee by sevens, the male and his female; and of beasts that are not clean by two, the male and his female, to keep seed alive upon the face of all the earth.”(Genesis 7, 2-3) Similar accounts can be found in other religious texts, for instance in the Koran (c ...
IMPORTANT NOTICE THIS DOCUMENT IS AVAILABLE ONLY TO
... statement made or purported to be made by it, or on its behalf, in connection with the Company, the Shares or the Offer and nothing in this Prospectus will be relied upon as a promise or representation in this respect, whether or not to the past or future. Each of the Underwriters accordingly discla ...
... statement made or purported to be made by it, or on its behalf, in connection with the Company, the Shares or the Offer and nothing in this Prospectus will be relied upon as a promise or representation in this respect, whether or not to the past or future. Each of the Underwriters accordingly discla ...
International Diversification Versus Domestic Diversification: Mean
... largely dominated by domestic assets. International investors’ preference for domestic stocks remains a subject of controversy, since many studies indicate that greater profits can be made by diversifying internationally. This paper applies the mean-variance portfolio optimization (PO) approach and ...
... largely dominated by domestic assets. International investors’ preference for domestic stocks remains a subject of controversy, since many studies indicate that greater profits can be made by diversifying internationally. This paper applies the mean-variance portfolio optimization (PO) approach and ...
Pairs Trading in the UK Equity Market Risk and Return
... Given the majority of hedge fund activity and academic research focuses on the US, what are the returns from following such strategies in the UK? Is there a difference in performance and if so, can it be explained by the different characteristics of the two markets? In this paper we attempt to addr ...
... Given the majority of hedge fund activity and academic research focuses on the US, what are the returns from following such strategies in the UK? Is there a difference in performance and if so, can it be explained by the different characteristics of the two markets? In this paper we attempt to addr ...
Employer Stock Ownership in 401(k)
... the desire for an employee to invest the stock of his employer (since it should be both geographically proximate and familiar). This local bias has also been noted by Goetzman and Kumar (2008) and Ivkovic and Weisbenner (2005). Coval and Moskowitz (1999) find that U.S. investment managers exhibit a ...
... the desire for an employee to invest the stock of his employer (since it should be both geographically proximate and familiar). This local bias has also been noted by Goetzman and Kumar (2008) and Ivkovic and Weisbenner (2005). Coval and Moskowitz (1999) find that U.S. investment managers exhibit a ...
Chicago Board of Trade (CBOT)
... To Hedge With Financial Futures: • Choose the contract that most closely describes the nature of the underlying risk • Choose the expiration month that most closely matches the time period to be addressed • Buy or sell the appropriate number of futures contracts to cover your exposure October 12, 20 ...
... To Hedge With Financial Futures: • Choose the contract that most closely describes the nature of the underlying risk • Choose the expiration month that most closely matches the time period to be addressed • Buy or sell the appropriate number of futures contracts to cover your exposure October 12, 20 ...
New Activist Weapon-- The Rise of Delaware Appraisal
... proceeding to the target board-- and thus, as a result, the activist’s leverage in negotiating a settlement. Companies face significant risks that an appraisal proceeding may lead to a large appraisal award (even more problematic if financing arranged for the transaction will not be sufficient), or ...
... proceeding to the target board-- and thus, as a result, the activist’s leverage in negotiating a settlement. Companies face significant risks that an appraisal proceeding may lead to a large appraisal award (even more problematic if financing arranged for the transaction will not be sufficient), or ...
... This information is available if requested in the company survey of the national bank. Equity capital can be sorted by entry modes: establishment of a new company, privatisation and M&A2 of a private company. There can also be follow-up investments in these three types. Different types of FDI in di ...
Derivatives And Risk Management In The Petroleum, Natural Gas
... Futures Trading Commission in the research and writing of this report. EIA’s special expertise is in energy, not financial markets. The Commission assigned one of its senior economists, Gregory Kuserk, to this project. He not only wrote sections of the report and provided data, he also provided the ...
... Futures Trading Commission in the research and writing of this report. EIA’s special expertise is in energy, not financial markets. The Commission assigned one of its senior economists, Gregory Kuserk, to this project. He not only wrote sections of the report and provided data, he also provided the ...
Driving success in a growing market
... approximately 17.6m seats, of which close to 2.2m are hosted PBX seats. Cloud PBX services are increasingly replacing traditional, on-premise PBX infrastructure with seat volumes growing at circa 32% per annum including private Cloud PBXs. In 2015, Gamma’s growth rate in Cloud PBX seats was 67%. ...
... approximately 17.6m seats, of which close to 2.2m are hosted PBX seats. Cloud PBX services are increasingly replacing traditional, on-premise PBX infrastructure with seat volumes growing at circa 32% per annum including private Cloud PBXs. In 2015, Gamma’s growth rate in Cloud PBX seats was 67%. ...
Hedge Funds and Systemic Risk
... funds from large institutions and wealthy investors but not from the general public. As a result, they face fewer restrictions than funds that are marketed to the general public, such as mutual funds. Unlike mutual funds, hedge funds can use leverage without limit, can engage in short sales,1 can im ...
... funds from large institutions and wealthy investors but not from the general public. As a result, they face fewer restrictions than funds that are marketed to the general public, such as mutual funds. Unlike mutual funds, hedge funds can use leverage without limit, can engage in short sales,1 can im ...
Is Default Risk Priced in Equity Returns?
... effects lie in ME’s and BM’s association with financial distress. Therefore, small and value stocks (with high BM) should be compensated due to their high sensitivities to state variables, such as specific business-cycle factors. More aggressively, the three-factor model (the factors are the excess ...
... effects lie in ME’s and BM’s association with financial distress. Therefore, small and value stocks (with high BM) should be compensated due to their high sensitivities to state variables, such as specific business-cycle factors. More aggressively, the three-factor model (the factors are the excess ...
The Impact of Foreign-Currency Movements on Equity
... The U.S. dollar has staged an impressive rally over the past year. Although it has taken a bit of a breather recently, there are reasons to expect the dollar to remain strong, at least over the next year or two. The U.S. Federal Reserve is likely to raise rates in the next 12 months, which would be ...
... The U.S. dollar has staged an impressive rally over the past year. Although it has taken a bit of a breather recently, there are reasons to expect the dollar to remain strong, at least over the next year or two. The U.S. Federal Reserve is likely to raise rates in the next 12 months, which would be ...
NBIM DIscussIoN NoTE Momentum in Futures Market
... We start by asking why long-term investors should care about trend-following strategies. Kroencke, Schindler and Schrimpf (2013) quantify the diversification benefits (increase in Sharpe ratio) from adding foreign exchange investment styles (value, momentum and carry) to portfolios consisting of glo ...
... We start by asking why long-term investors should care about trend-following strategies. Kroencke, Schindler and Schrimpf (2013) quantify the diversification benefits (increase in Sharpe ratio) from adding foreign exchange investment styles (value, momentum and carry) to portfolios consisting of glo ...
QUESTIONS
... more accurate than the carrying values if the historical cost figures are out of date. Answer (D) is incorrect. The amount another company would pay would be based on fair values, not book values. ...
... more accurate than the carrying values if the historical cost figures are out of date. Answer (D) is incorrect. The amount another company would pay would be based on fair values, not book values. ...
2006 Annual Report - Media Corporate IR Net
... While our wealth management business is large and growing, we have a huge opportunity embedded in our current client base: clients who qualify for high service levels such as Premier or Private Banking but who have not yet chosen to take their relationship with us to that level. Outside our existing ...
... While our wealth management business is large and growing, we have a huge opportunity embedded in our current client base: clients who qualify for high service levels such as Premier or Private Banking but who have not yet chosen to take their relationship with us to that level. Outside our existing ...
The Impact of Market Sentiment Index on Stock
... able to forecast stock returns in the cross-section and in the aggregate. Furthermore, they documented that investor sentiment has a significant correlation and relationship with co-movements of stock returns with high retail investor concentration. However, based on the regression analysis, the fin ...
... able to forecast stock returns in the cross-section and in the aggregate. Furthermore, they documented that investor sentiment has a significant correlation and relationship with co-movements of stock returns with high retail investor concentration. However, based on the regression analysis, the fin ...
Conflicts of Interest in the Financial Services Industry
... authors to contribute their ideas on a topic so important for the healthy functioning of the world's capital markets. Richard Portes CEPR ...
... authors to contribute their ideas on a topic so important for the healthy functioning of the world's capital markets. Richard Portes CEPR ...
Realization Utility with Reference
... of shares and later selling his entire position and reinvesting it.4 Each realized gain or loss contributes a burst of utility, and our investor acts to maximize the expectation of the sum of the discounted values of these bursts. We assume that the investor applies narrow framing when he evaluates ...
... of shares and later selling his entire position and reinvesting it.4 Each realized gain or loss contributes a burst of utility, and our investor acts to maximize the expectation of the sum of the discounted values of these bursts. We assume that the investor applies narrow framing when he evaluates ...
Global Intangible Financial Tracker 2016 An annual
... business, not just the balance sheet, to turn risk into opportunity in the face of rapid change and huge complexity. With continued importance being placed on the value of intangible assets, and with intangible value representing an ever-growing part of an organisation’s enterprise value, accounting ...
... business, not just the balance sheet, to turn risk into opportunity in the face of rapid change and huge complexity. With continued importance being placed on the value of intangible assets, and with intangible value representing an ever-growing part of an organisation’s enterprise value, accounting ...
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.