Mitigating Systemic Risk - A Role for Securities Regulators
... response in relation to its mandate and domestic regulatory structure as well as the relative size and characteristics of its securities market. Individual regulators will consequently need to evaluate the scale of their response and the extent to which they can leverage, rather than duplicate, the ...
... response in relation to its mandate and domestic regulatory structure as well as the relative size and characteristics of its securities market. Individual regulators will consequently need to evaluate the scale of their response and the extent to which they can leverage, rather than duplicate, the ...
Housing and Banking over the Business Cycle Xinyu Ge
... issues related to housing and financial markets. In Chapter 2, I investigate the extent to which a disruption in banks’ balance sheets affects the behavior of the housing market and the macroeconomy in an experiment that mimics the Great Recession. The model can qualitatively capture key features of ...
... issues related to housing and financial markets. In Chapter 2, I investigate the extent to which a disruption in banks’ balance sheets affects the behavior of the housing market and the macroeconomy in an experiment that mimics the Great Recession. The model can qualitatively capture key features of ...
The concept of financial analysis
... The financial markets play a role in economic activity in terms of function, whether in developed countries or developing countries, they operate vessels to collect savings and employ them in the form of liquid investments in the financial and monetary market. Usually investors try to avoid risk in ...
... The financial markets play a role in economic activity in terms of function, whether in developed countries or developing countries, they operate vessels to collect savings and employ them in the form of liquid investments in the financial and monetary market. Usually investors try to avoid risk in ...
Management`s Discussion and Analysis
... sales and related year-over-year comparisons provide meaningful information to investors and are expected and valued by them to help assess the size and financial health of the Company’s retail network of stores. These measures also serve as an indicator of the strength of the Company’s brand, which ...
... sales and related year-over-year comparisons provide meaningful information to investors and are expected and valued by them to help assess the size and financial health of the Company’s retail network of stores. These measures also serve as an indicator of the strength of the Company’s brand, which ...
performance of actively managed exchange traded funds in the usa
... Gruber (Gruber, 1996) has tried to understand the puzzle why managers still buy these mutual funds. The author examines 270 equity mutual funds from the period of 1985 to 1994, using time series regression involving excess return from a four index model. Gruber confirms previous findings that on ave ...
... Gruber (Gruber, 1996) has tried to understand the puzzle why managers still buy these mutual funds. The author examines 270 equity mutual funds from the period of 1985 to 1994, using time series regression involving excess return from a four index model. Gruber confirms previous findings that on ave ...
Private equity demystified
... For over two decades, from the early 1980s, the developing private equity industry largely flew below the radar of public scrutiny. In 2007 the private equity industry came under intense public scrutiny including a House of Commons Select Committee enquiry. We published the first edition of Private ...
... For over two decades, from the early 1980s, the developing private equity industry largely flew below the radar of public scrutiny. In 2007 the private equity industry came under intense public scrutiny including a House of Commons Select Committee enquiry. We published the first edition of Private ...
strAtegIc FINANcIAL MANAgeMeNt (sFM)
... followed in determining accounting profit, e.g., revenue is recognized when the product is sold, not at the time when the cash is collected from such sale; similarly revenue expenditure is recognized when it is incurred, not at the time actual payment is made. Thus, the cash flows as a measure of co ...
... followed in determining accounting profit, e.g., revenue is recognized when the product is sold, not at the time when the cash is collected from such sale; similarly revenue expenditure is recognized when it is incurred, not at the time actual payment is made. Thus, the cash flows as a measure of co ...
presentation
... These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of e ...
... These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods in accordance with IFRS (International Financial Reporting Standards) as adopted in the European Union, as well as the application of e ...
Concentration risk in credit portfolios - June 2006
... comes into being through an uneven distribution of bank loans to individual borrowers (single-name concentration) or in industry and services sectors and geographical regions (sectoral concentration). It may be prudent for specialised banks and credit institutions operating at a regional level to ac ...
... comes into being through an uneven distribution of bank loans to individual borrowers (single-name concentration) or in industry and services sectors and geographical regions (sectoral concentration). It may be prudent for specialised banks and credit institutions operating at a regional level to ac ...
State-to-State Investment Treaty Arbitration: A Hybrid Theory of
... cases, including Peru v. Chile, Italy v. Cuba, and Ecuador v. United States, demonstrate the need to examine the potential and limits of this form of dispute resolution and to consider its implications for the hybridity of the investment treaty system as a whole. One reaction to the re-emergence of ...
... cases, including Peru v. Chile, Italy v. Cuba, and Ecuador v. United States, demonstrate the need to examine the potential and limits of this form of dispute resolution and to consider its implications for the hybridity of the investment treaty system as a whole. One reaction to the re-emergence of ...
1 INVESTMENT: UNIT - 1 Investment involves making of a sacrifice
... Under Valued Stock: Under valued shares are those, which have all the potential to become growth stocks, have very good fundamentals and good future, but somehow the market is yet to price the shares correctly. Turn Around Stocks: Turn around stocks are those that are not really doing well in the se ...
... Under Valued Stock: Under valued shares are those, which have all the potential to become growth stocks, have very good fundamentals and good future, but somehow the market is yet to price the shares correctly. Turn Around Stocks: Turn around stocks are those that are not really doing well in the se ...
Annual report 2013
... Lines distributed are Boucheron Femme (1988), Boucheron pour Homme (1989), Jaïpur Homme (1998), Jaïpur Bracelet (2012) and Boucheron Place Vendôme (2013). Despite an unfavorable impact of the high 2012 comparison base from the reintroduction of the brand’s classic lines and a one-time initiative thr ...
... Lines distributed are Boucheron Femme (1988), Boucheron pour Homme (1989), Jaïpur Homme (1998), Jaïpur Bracelet (2012) and Boucheron Place Vendôme (2013). Despite an unfavorable impact of the high 2012 comparison base from the reintroduction of the brand’s classic lines and a one-time initiative thr ...
Capital Series Product Disclosure Statement (Part 1 of 2)
... This PDS has been prepared by Commonwealth Bank of Australia (“Commonwealth Bank”), the issuer of Capital Series. This PDS does not constitute an offer for sale or issue of any securities by Commonwealth Bank that requires disclosure under Chapter 6D of the Corporations Act 2001 (Cth). Terms of Sale ...
... This PDS has been prepared by Commonwealth Bank of Australia (“Commonwealth Bank”), the issuer of Capital Series. This PDS does not constitute an offer for sale or issue of any securities by Commonwealth Bank that requires disclosure under Chapter 6D of the Corporations Act 2001 (Cth). Terms of Sale ...
Competition Report
... activities and the real difference they make to ensure competition benefits UK consumers, financial services and our wider economy. ...
... activities and the real difference they make to ensure competition benefits UK consumers, financial services and our wider economy. ...
Tax Guide for Investors 2013
... The Finnish tax authorities send a Pre-Completed Tax Return form to all taxpayers. The tax returns must be checked for missing or incorrect information. The form includes information on capital gains and losses from the sales of shares and investment fund units. The form may also include the followi ...
... The Finnish tax authorities send a Pre-Completed Tax Return form to all taxpayers. The tax returns must be checked for missing or incorrect information. The form includes information on capital gains and losses from the sales of shares and investment fund units. The form may also include the followi ...
Draft Infrastructure Strategy - Economic Summits
... are blessed with abundant natural resources, but production costs are high. We have a relatively large public sector and Defence presence. Darwin is the capital of northern Australia and we are well positioned as the gateway into Asia. There are 24 million people within five hours south of us and 40 ...
... are blessed with abundant natural resources, but production costs are high. We have a relatively large public sector and Defence presence. Darwin is the capital of northern Australia and we are well positioned as the gateway into Asia. There are 24 million people within five hours south of us and 40 ...
Draft Infrastructure Strategy - Economic Summits
... nationally. We are blessed with abundant natural resources, but production costs are high. We have a relatively large public sector and Defence presence. Darwin is the capital of northern Australia and we are well positioned as the gateway into Asia. There are 24 million people within five hours sou ...
... nationally. We are blessed with abundant natural resources, but production costs are high. We have a relatively large public sector and Defence presence. Darwin is the capital of northern Australia and we are well positioned as the gateway into Asia. There are 24 million people within five hours sou ...
The Promise and Peril of a Model 401(k) Plan
... financial management fees, more sensible investment options, and higher employer contributions than the typical private sector 401(k). Our model shows that: • A typical worker is nearly two times more likely to have sufficient retirement income— an income that is 75 percent of pre-retirement levels ...
... financial management fees, more sensible investment options, and higher employer contributions than the typical private sector 401(k). Our model shows that: • A typical worker is nearly two times more likely to have sufficient retirement income— an income that is 75 percent of pre-retirement levels ...
Essilor (EI FP)-Buy: Bigger playing field becomes reality
... Essilor remains by far a “captain of industry” in the corrective lenses but also in the optical instruments market. The expansion in new markets (sun and online) supported by the global roll-out of direct-to-consumer marketing campaigns (a game changer in our view as it is targeting directly end con ...
... Essilor remains by far a “captain of industry” in the corrective lenses but also in the optical instruments market. The expansion in new markets (sun and online) supported by the global roll-out of direct-to-consumer marketing campaigns (a game changer in our view as it is targeting directly end con ...
The Cross-Section and Time Series of Stock and Bond Returns
... Value investors buy stocks that have low prices relative to measures of fundamentals such as dividends or book assets, and sell stocks that have high prices relative to fundamentals. These strategies earn high returns that appear anomalous relative to standard models such as the CAPM (e.g., Basu, 1 ...
... Value investors buy stocks that have low prices relative to measures of fundamentals such as dividends or book assets, and sell stocks that have high prices relative to fundamentals. These strategies earn high returns that appear anomalous relative to standard models such as the CAPM (e.g., Basu, 1 ...
NBER WORKING PAPER SERIES THE EQUITY PREMIUM IN RETROSPECT Rajnish Mehra
... We find that the equity return data prior to 1871 is not particularly reliable. To the best of our knowledge, the stock return data used by all researchers for the period 1802–1871 is due to Schwert (1990), who gives an excellent account of the construction and composition of early stock market inde ...
... We find that the equity return data prior to 1871 is not particularly reliable. To the best of our knowledge, the stock return data used by all researchers for the period 1802–1871 is due to Schwert (1990), who gives an excellent account of the construction and composition of early stock market inde ...
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.