Global Collateral - Cowles Foundation
... Second, our model produces financial flows driven by demands for safe and negative-beta assets as well as in underlying risky assets. Bertaut et al. (2012) find that U.S. and European banks had similar demands for asset-backed securities, but international trade in these assets arose because of diff ...
... Second, our model produces financial flows driven by demands for safe and negative-beta assets as well as in underlying risky assets. Bertaut et al. (2012) find that U.S. and European banks had similar demands for asset-backed securities, but international trade in these assets arose because of diff ...
The Essays of Warren Buffett: Lessons for
... According to Buffett, one of the greatest problems among boards in corporate America is that members are selected for other reasons, such as adding diversity or prominence to a board. Most reforms are painted with a broad brush, without noting the major differences among types of board situations th ...
... According to Buffett, one of the greatest problems among boards in corporate America is that members are selected for other reasons, such as adding diversity or prominence to a board. Most reforms are painted with a broad brush, without noting the major differences among types of board situations th ...
U.S. Legal Considerations Affecting Global Offerings of Shares in
... income within the meaning of the applicable rules, or fifty percent or more of its assets are held for the production of passive income. Under the rules, an offshore mutual fund will generally be classified as a PFIC. Moreover, because the rules are drafted broadly, they may sometimes apply to forei ...
... income within the meaning of the applicable rules, or fifty percent or more of its assets are held for the production of passive income. Under the rules, an offshore mutual fund will generally be classified as a PFIC. Moreover, because the rules are drafted broadly, they may sometimes apply to forei ...
law, share price accuracy and economic performance: the
... Approach to Securities Regulation, 107 YALE L. J. 2359, 2366-67 (1998); Merritt B. Fox, Securities Disclosure in a Globalizing Market: Who Should Regulate Whom, 97 MICH. L. REV. 2498, 2533-2539 (1997); Stephen J. Choi & Andrew T. Guzman, Portable Reciprocity: Rethinking the International Reach of Se ...
... Approach to Securities Regulation, 107 YALE L. J. 2359, 2366-67 (1998); Merritt B. Fox, Securities Disclosure in a Globalizing Market: Who Should Regulate Whom, 97 MICH. L. REV. 2498, 2533-2539 (1997); Stephen J. Choi & Andrew T. Guzman, Portable Reciprocity: Rethinking the International Reach of Se ...
Equity and Bond Ownership in America, 2008
... main concern for most families was the impact on their earnings that resulted from the employment decisions made by business owners. Today, 47 percent of American households are equity and bond owners, so the fi nancial market volatility being experienced as this study comes to press is also directl ...
... main concern for most families was the impact on their earnings that resulted from the employment decisions made by business owners. Today, 47 percent of American households are equity and bond owners, so the fi nancial market volatility being experienced as this study comes to press is also directl ...
Can Risks Be Reduced in the Derivatives Market
... derivatives market is an important axis of the capital market. In the United States, the promotion of OTC derivatives is a requisite for the economic system, the development of the capital market, and the reinforcement of the functions of the investment banks in the securities industry. 26 However, ...
... derivatives market is an important axis of the capital market. In the United States, the promotion of OTC derivatives is a requisite for the economic system, the development of the capital market, and the reinforcement of the functions of the investment banks in the securities industry. 26 However, ...
Social and Economic Impact Analysis of Vadinar Refinery of
... and its various derived products. This has been perceived in policy circles for some time and has helped in its development in recent decades. Speaking about the character of the growth process underway, some specific issues such as the character and speed of urbanization are also important to unde ...
... and its various derived products. This has been perceived in policy circles for some time and has helped in its development in recent decades. Speaking about the character of the growth process underway, some specific issues such as the character and speed of urbanization are also important to unde ...
Treatment of VOBA, Goodwill and Other Intangible Assets under
... In 1970, Accounting Principles Board Opinion No. 16 (APB 16), Business Combinations, was issued along with its companion guidance, APB 17, Intangible Assets. APB 16 allowed both the “pooling-of-interests” and the more prevalent purchase method of accounting. The purchase method of accounting under G ...
... In 1970, Accounting Principles Board Opinion No. 16 (APB 16), Business Combinations, was issued along with its companion guidance, APB 17, Intangible Assets. APB 16 allowed both the “pooling-of-interests” and the more prevalent purchase method of accounting. The purchase method of accounting under G ...
Annual Financial Statements and Combined
... Our Strategy The ProCredit group is made up of banks that have specialised in small and medium-sized enterprises (SMEs) in transition economies. Our business model consists of the core activities of traditional banking business. We are active in South Eastern Europe, Eastern Europe, South America an ...
... Our Strategy The ProCredit group is made up of banks that have specialised in small and medium-sized enterprises (SMEs) in transition economies. Our business model consists of the core activities of traditional banking business. We are active in South Eastern Europe, Eastern Europe, South America an ...
Trading Account: Items - IndiaStudyChannel.com
... ledgers and at the end of the accounting period, a Profit and Loss Account and a Balance Sheet are prepared. The emphasis is on the ascertainment and exhibition of the profits earned or losses incurred by the business rather than on the aspects of planning and control and decision making. Financial ...
... ledgers and at the end of the accounting period, a Profit and Loss Account and a Balance Sheet are prepared. The emphasis is on the ascertainment and exhibition of the profits earned or losses incurred by the business rather than on the aspects of planning and control and decision making. Financial ...
Is the Willingness to Take Financial Risk a Sex
... Atkinson, Baird, and Frye (2003) and Beckmann and Menkhoff (2008) document equal readiness of male and female fund managers to take risks. Recently, Berger, Kick, and Schaeck (2012) find that a higher proportion of women in the executive boards of banks is associated with a higher level of risk-taking ...
... Atkinson, Baird, and Frye (2003) and Beckmann and Menkhoff (2008) document equal readiness of male and female fund managers to take risks. Recently, Berger, Kick, and Schaeck (2012) find that a higher proportion of women in the executive boards of banks is associated with a higher level of risk-taking ...
united states securities and exchange commission
... results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond Piedmont’s ability to control or predict. Such factors include, but are not limited to, the following: ...
... results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond Piedmont’s ability to control or predict. Such factors include, but are not limited to, the following: ...
Reforms of Baltic States Pension Systems: Challenges and
... first step established the third voluntary pension pillar. The second or “mandatory” pension pillar, which funds private retirement accounts with worker contributions and government matching contributions, was legislated in 2001 and became operational on 1 July 2002. Nevertheless the second pillar h ...
... first step established the third voluntary pension pillar. The second or “mandatory” pension pillar, which funds private retirement accounts with worker contributions and government matching contributions, was legislated in 2001 and became operational on 1 July 2002. Nevertheless the second pillar h ...
Financial facts - Great West Life
... Participating policyowners’ premiums go into a separate account called the participating account. Great-West Life manages this account, investing its assets in a diversified portfolio of bonds, mortgages and equities, including real estate. This frees policyowners from the details of hands-on manage ...
... Participating policyowners’ premiums go into a separate account called the participating account. Great-West Life manages this account, investing its assets in a diversified portfolio of bonds, mortgages and equities, including real estate. This frees policyowners from the details of hands-on manage ...
Certificates of Deposit Linked to the J.P. Morgan Efficiente Plus DS 5
... The J.P. Morgan Efficiente Plus DS 5 Index (Net ER) (the “Index”) was developed and is maintained and calculated by J.P. Morgan Securities plc (“JPMS plc”), one of our affiliates. JPMS plc acts as the calculation agent for the Index (the “index calculation agent”). The Index is a notional dynamic ba ...
... The J.P. Morgan Efficiente Plus DS 5 Index (Net ER) (the “Index”) was developed and is maintained and calculated by J.P. Morgan Securities plc (“JPMS plc”), one of our affiliates. JPMS plc acts as the calculation agent for the Index (the “index calculation agent”). The Index is a notional dynamic ba ...
united states securities and exchange commission
... These statements are based on beliefs and assumptions of Piedmont’s management, which in turn are based on currently available information. Important assumptions relating to the forward-looking statements include, among others, assumptions regarding the demand for office space in the sectors in whic ...
... These statements are based on beliefs and assumptions of Piedmont’s management, which in turn are based on currently available information. Important assumptions relating to the forward-looking statements include, among others, assumptions regarding the demand for office space in the sectors in whic ...
Armour Residential REIT, Inc.
... GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual resu ...
... GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual resu ...
HAMISH FRASER MT CECIL, HUNTER 1RD KELLOGG'S RURAL LEADERSHIP PROGRAMME 2013
... dairy industry. The definition of fair market value for land is often expressed as, lithe highest price in dollars, that a property would bring in an open and unrestricted market between a willing buyer and a willing seller who are both knowledgeable, informed, and prudent and who are acting indepen ...
... dairy industry. The definition of fair market value for land is often expressed as, lithe highest price in dollars, that a property would bring in an open and unrestricted market between a willing buyer and a willing seller who are both knowledgeable, informed, and prudent and who are acting indepen ...
A Responsible Market for Housing Finance
... happen in this primary market represent only a part of the housing finance system. To fund mortgage loans for homeowners and support rental housing, lenders need access to a pool of capital that in turn depends on a transparent, effectively regulated secondary market. This paper is concerned primari ...
... happen in this primary market represent only a part of the housing finance system. To fund mortgage loans for homeowners and support rental housing, lenders need access to a pool of capital that in turn depends on a transparent, effectively regulated secondary market. This paper is concerned primari ...
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.