Rising Rates-What You Need to Know
... This chart is for illustrative purposes only and does not reflect performance of any Franklin Templeton fund. Past performance does not guarantee future results. Fund performance can be obtained at franklintempleton.com. Diversification does not guarantee a profit or protect against a loss. It’s imp ...
... This chart is for illustrative purposes only and does not reflect performance of any Franklin Templeton fund. Past performance does not guarantee future results. Fund performance can be obtained at franklintempleton.com. Diversification does not guarantee a profit or protect against a loss. It’s imp ...
the use of innovative financial instruments for financing eu policies
... sovereign debt crisis has also increased the need for innovative financial solutions to the weakening credit market for public infrastructures, research and development (R&D) and small and medium-sized enterprises (SMEs). While EU-level financial instruments cannot fill the vacuum created by the cre ...
... sovereign debt crisis has also increased the need for innovative financial solutions to the weakening credit market for public infrastructures, research and development (R&D) and small and medium-sized enterprises (SMEs). While EU-level financial instruments cannot fill the vacuum created by the cre ...
Risk Aversion, Wealth, and Personality
... narrow framing (evaluating the gamble in isolation, without incorporating it with overall wealth - see e.g. Barberis et al. (2006)), thus we also use household income and personal income as reference values in the utility function. If we assume negative exponential utility (eq. 3), we are able to fi ...
... narrow framing (evaluating the gamble in isolation, without incorporating it with overall wealth - see e.g. Barberis et al. (2006)), thus we also use household income and personal income as reference values in the utility function. If we assume negative exponential utility (eq. 3), we are able to fi ...
The Colors of Investors` Money: The Role of Institutional
... tend to avoid high dividend-paying stocks. Third, U.S. institutions diverge from non-U.S. foreign institutions in their preference for value over growth stocks, and a tendency to hold stocks in English-speaking countries and emerging markets. Thus, there is generally substantial diversity in the rev ...
... tend to avoid high dividend-paying stocks. Third, U.S. institutions diverge from non-U.S. foreign institutions in their preference for value over growth stocks, and a tendency to hold stocks in English-speaking countries and emerging markets. Thus, there is generally substantial diversity in the rev ...
Important Information about Certificates of Deposit
... amount not exceeding the accrued discount, unless the owner elects to report such discount income as it accrues on all market discount obligations acquired in such taxable year and thereafter. Interest-bearing CDs with a maturity of more than one year will not be issued with original issue discount. ...
... amount not exceeding the accrued discount, unless the owner elects to report such discount income as it accrues on all market discount obligations acquired in such taxable year and thereafter. Interest-bearing CDs with a maturity of more than one year will not be issued with original issue discount. ...
securities and futures act - Monetary Authority of Singapore
... (ii) to pay to the trustee for the scheme within 5 business days after the receipt by the manager of any money that, under the trust deed, is payable by the manager to the trustee; (iii) to issue, redeem or repurchase units in the scheme at a price based on the net asset value of the scheme or other ...
... (ii) to pay to the trustee for the scheme within 5 business days after the receipt by the manager of any money that, under the trust deed, is payable by the manager to the trustee; (iii) to issue, redeem or repurchase units in the scheme at a price based on the net asset value of the scheme or other ...
Placing and Admission to AIM
... document and the action you should take, you are recommended immediately to seek your own independent advice from a person duly authorised under the Financial Services and Markets Act 2000 as amended (or, if you are a person outside of the United Kingdom, from a person otherwise duly qualified in yo ...
... document and the action you should take, you are recommended immediately to seek your own independent advice from a person duly authorised under the Financial Services and Markets Act 2000 as amended (or, if you are a person outside of the United Kingdom, from a person otherwise duly qualified in yo ...
mmi10 Posch 12046532 en
... made to understand their asset market implications (recent work includes Jermann, 1998; Tallarini, 2000; Lettau and Uhlig, 2000; Boldrin, Christiano and Fisher, 2001).1 One main advantage of using general equilibrium models to explain asset market phenomena is that the asset-pricing kernel is consis ...
... made to understand their asset market implications (recent work includes Jermann, 1998; Tallarini, 2000; Lettau and Uhlig, 2000; Boldrin, Christiano and Fisher, 2001).1 One main advantage of using general equilibrium models to explain asset market phenomena is that the asset-pricing kernel is consis ...
Towards Efficient Benchmarks for Infrastructure Equity Investments
... monopolies thanks to barriers to entry and increasing returns to scale. Thus, assets owners are expected to benefit from the low elasticity of demand creating pricing power and an inflation hedge, as well as low return covariance with other investments, allowing attractive risk-adjusted returns. Inv ...
... monopolies thanks to barriers to entry and increasing returns to scale. Thus, assets owners are expected to benefit from the low elasticity of demand creating pricing power and an inflation hedge, as well as low return covariance with other investments, allowing attractive risk-adjusted returns. Inv ...
wells real estate investment trust, inc.
... Company commenced its third public offering of shares of common stock on December 20, 2000, which terminated on July 26, 2002 after receipt of gross proceeds of approximately $1.3 billion from the sale of approximately 128.3 million shares. As of September 30, 2002, the Company has received gross pr ...
... Company commenced its third public offering of shares of common stock on December 20, 2000, which terminated on July 26, 2002 after receipt of gross proceeds of approximately $1.3 billion from the sale of approximately 128.3 million shares. As of September 30, 2002, the Company has received gross pr ...
US Treasury Market US Treasury Market
... should note that income from such securities or other investments, if any, may fluctuate and that price or value of such securities and investments may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performan ...
... should note that income from such securities or other investments, if any, may fluctuate and that price or value of such securities and investments may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performan ...
Enhanced-Supervision-for-U.S.-Operations-of-Foreign
... subsidiaries that are currently subject only to capital requirements that might be imposed by the SEC or other functional regulators would, under the terms of the Proposal, be subject to bank capital requirements that were not developed or designed for broker-dealers or other ...
... subsidiaries that are currently subject only to capital requirements that might be imposed by the SEC or other functional regulators would, under the terms of the Proposal, be subject to bank capital requirements that were not developed or designed for broker-dealers or other ...
Q2 - First Capital Realty
... Capital Realty’s objectives and strategies and Management’s beliefs, plans, estimates and intentions also constitute forwardlooking statements. Forward-looking statements can generally be identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “project”, “expect”, “intend”, “outlo ...
... Capital Realty’s objectives and strategies and Management’s beliefs, plans, estimates and intentions also constitute forwardlooking statements. Forward-looking statements can generally be identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “project”, “expect”, “intend”, “outlo ...
Chapter 27 The Theory of Active Portfolio Management
... A. one that uses only index funds. B. one that allocates assets in fixed proportions that do not vary with market conditions. C. one that is mean-variance efficient. D. one that uses only index funds and one that allocates assets in fixed proportions that do not vary with market conditions. E. All o ...
... A. one that uses only index funds. B. one that allocates assets in fixed proportions that do not vary with market conditions. C. one that is mean-variance efficient. D. one that uses only index funds and one that allocates assets in fixed proportions that do not vary with market conditions. E. All o ...
ICRA Lanka`s Credit Rating Methodology for Non
... structure and operational matters and not being subject to statutory reserve requirements. However, at the same time, there are regulatory restrictions on the bouquet of services that NBFCs can offer and on their funding options. Typically, NBFCs extend the following types of loans: ...
... structure and operational matters and not being subject to statutory reserve requirements. However, at the same time, there are regulatory restrictions on the bouquet of services that NBFCs can offer and on their funding options. Typically, NBFCs extend the following types of loans: ...
The Risk-free Rate and the Market Risk Premium
... In the interests of transparency and to promote informed discussion, the Authority would prefer submissions to be made publicly available wherever this is reasonable. However, if a person making a submission does not want that submission to be public, that person should claim confidentiality in resp ...
... In the interests of transparency and to promote informed discussion, the Authority would prefer submissions to be made publicly available wherever this is reasonable. However, if a person making a submission does not want that submission to be public, that person should claim confidentiality in resp ...
Time and Risk Diversification in Real Estate Investments: the Ex
... portfolio managers know the return distribution far better than they do in the real world. The first goal of this paper is to assess whether public real estate improves portfolio performance out-ofsample, realistically assuming that the portfolio manager chooses asset allocation for the future only ...
... portfolio managers know the return distribution far better than they do in the real world. The first goal of this paper is to assess whether public real estate improves portfolio performance out-ofsample, realistically assuming that the portfolio manager chooses asset allocation for the future only ...
Superannuation - Commentary
... the incorporated information is deemed to have been given at the same time. This clause addresses concerns from industry stakeholders that they would otherwise be liable to claims that important information had not been provided. The PDS will contain a prominent warning telling readers that importan ...
... the incorporated information is deemed to have been given at the same time. This clause addresses concerns from industry stakeholders that they would otherwise be liable to claims that important information had not been provided. The PDS will contain a prominent warning telling readers that importan ...
Chapter 2 Value at Risk and other risk measures 1 Motivation and
... is this investment? Putting differently, how large loss are you exposed to? It seems that this question is not very well posed. In theory, at worst you lose everything – just imagine a gloomy scenario where the dollar collapses and becomes worthless. However, this information, even if absolutely rig ...
... is this investment? Putting differently, how large loss are you exposed to? It seems that this question is not very well posed. In theory, at worst you lose everything – just imagine a gloomy scenario where the dollar collapses and becomes worthless. However, this information, even if absolutely rig ...
Select Risk Profile Portfolios – quarterly investment report
... To meet these objectives, Morningstar regularly reviews the portfolios and recommends changes where this is necessary. However, there’s no guarantee that the funds will meet their objectives. ...
... To meet these objectives, Morningstar regularly reviews the portfolios and recommends changes where this is necessary. However, there’s no guarantee that the funds will meet their objectives. ...
Managing the consequences of macroeconomic and (geo
... possess enough capital and liquidity. If they are held by retail investors in mutual funds which are not guaranteed, the risk is not big, investors will just lose money when it bursts. Globalisation can transform excess demands for assets in countries with underdeveloped financial systems into capit ...
... possess enough capital and liquidity. If they are held by retail investors in mutual funds which are not guaranteed, the risk is not big, investors will just lose money when it bursts. Globalisation can transform excess demands for assets in countries with underdeveloped financial systems into capit ...
Collateral-Motivated Financial Innovation
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
... To understand these issues, first consider a benchmark case without collateral frictions. In this case, if an investor defaults on his promise (e.g., debt or a short position in an Arrow security), his counterparty can seize the collateral the investor has posted for the trade and the defaulting inve ...
Article Boy or girl: gender preferences from a Darwinian point of view
... and valuable contributions to discussions of issues such as preconception gender selection. In its broadest formulation, the Trivers–Willard hypothesis is that natural selection should favour parents who bias their investment in favour of the sex of offspring with the best reproductive prospects. In ...
... and valuable contributions to discussions of issues such as preconception gender selection. In its broadest formulation, the Trivers–Willard hypothesis is that natural selection should favour parents who bias their investment in favour of the sex of offspring with the best reproductive prospects. In ...
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.