stock market transactions
... placed an order to sell 100 shares of Vizer stock. Since he did not have shares of Vizer to sell, this transaction was a short sale. Vizer stock does not pay dividends, so Ed did not have to cover dividend payments for the stock that his brokerage firm borrowed and sold for him. The sale of the stoc ...
... placed an order to sell 100 shares of Vizer stock. Since he did not have shares of Vizer to sell, this transaction was a short sale. Vizer stock does not pay dividends, so Ed did not have to cover dividend payments for the stock that his brokerage firm borrowed and sold for him. The sale of the stoc ...
Beyond their Borders Evolution of foreign investment by
... Luxembourg investment funds are sold to retail and institutional investors, including many pension funds, in more than 70 countries around the world. Asset management groups from more than 50 different countries have set up investment funds in Luxembourg and many pension funds consider them to be th ...
... Luxembourg investment funds are sold to retail and institutional investors, including many pension funds, in more than 70 countries around the world. Asset management groups from more than 50 different countries have set up investment funds in Luxembourg and many pension funds consider them to be th ...
FSB Securities Lending and Repos: Market Overview and Financial
... Short-sale proceeds may be used by hedge funds as cash collateral against borrowed securities. That cash is in turn used by prime brokers to collateralise securities borrowing from securities lenders that reinvest the cash in the separate accounts or commingled funds (e.g., registered MMFs or unregi ...
... Short-sale proceeds may be used by hedge funds as cash collateral against borrowed securities. That cash is in turn used by prime brokers to collateralise securities borrowing from securities lenders that reinvest the cash in the separate accounts or commingled funds (e.g., registered MMFs or unregi ...
The impact of a Sovereign Wealth Fund on the
... does its potential impact on various asset markets (Griffith-Jones & Ocampo, 2008). Some countries are concerned that foreign investment by SWFs raises national security concerns because the purpose of the investment might be to secure control of strategically important industries for political rath ...
... does its potential impact on various asset markets (Griffith-Jones & Ocampo, 2008). Some countries are concerned that foreign investment by SWFs raises national security concerns because the purpose of the investment might be to secure control of strategically important industries for political rath ...
Pantaloons Fashion
... top 2 largest selling brands in India, individually clocked revenues of ~INR10b in FY15. A unique differentiator for ABFRL is that unlike peers who have licenses for global brands, it has the ownership / perpetual license of its brands. The combination of Madura and Pantaloons is highly synergetic i ...
... top 2 largest selling brands in India, individually clocked revenues of ~INR10b in FY15. A unique differentiator for ABFRL is that unlike peers who have licenses for global brands, it has the ownership / perpetual license of its brands. The combination of Madura and Pantaloons is highly synergetic i ...
Effect Type Strategy, Investment Opportunity Set In
... Lafond and Roychowdhury (2007) document the role of accounting conservatism in agency conflicts that arise as a result of asymmetric information. Accounting conservatism associated negatively with managerial ownership. The study assumes that the greater managerial ownership, the more risk-taker so t ...
... Lafond and Roychowdhury (2007) document the role of accounting conservatism in agency conflicts that arise as a result of asymmetric information. Accounting conservatism associated negatively with managerial ownership. The study assumes that the greater managerial ownership, the more risk-taker so t ...
system of indicators for barbados
... also with the vulnerability conditions that favour or facilitate disaster when such phenomenon occur. Vulnerability is intimately related to social processes in disaster prone areas and is usually related to the fragility, susceptibility or lack of resilience of the population when faced with differ ...
... also with the vulnerability conditions that favour or facilitate disaster when such phenomenon occur. Vulnerability is intimately related to social processes in disaster prone areas and is usually related to the fragility, susceptibility or lack of resilience of the population when faced with differ ...
Six Factors That Explain Executive Pay
... This implies that executives running a $1 billion revenue company in 2009 are paid 70% more than they were in 1992. ...
... This implies that executives running a $1 billion revenue company in 2009 are paid 70% more than they were in 1992. ...
capital - International Actuarial Association
... I. Definition & Purpose of Requirements An insurer’s reported capital results from a combination of paid-in capital (e.g., through common equity and preferred share offerings) and accumulated retained earnings, and in a regulatory context may include subordinated debt4. Unlike a manufacturer which p ...
... I. Definition & Purpose of Requirements An insurer’s reported capital results from a combination of paid-in capital (e.g., through common equity and preferred share offerings) and accumulated retained earnings, and in a regulatory context may include subordinated debt4. Unlike a manufacturer which p ...
Household Heterogeneity and Incomplete Financial Markets: Asset Return Implications in a
... behavior. Household heterogeneity is then introduced under two different assumptions: the existence of either a bond or a stock market for firm shares, providing a measure of the degree of risk sharing achieved with the two different asset markets. In both cases, it is assumed that investment is entir ...
... behavior. Household heterogeneity is then introduced under two different assumptions: the existence of either a bond or a stock market for firm shares, providing a measure of the degree of risk sharing achieved with the two different asset markets. In both cases, it is assumed that investment is entir ...
Financial Innovation, Collateral and Investment.
... with a local concept of efficiency. If agents are really under-investing because they are borrowing constrained, then if presented with a little bit of extra money to make a purely cash purchase, they should invest. Yet we prove in a general model with arbitrary preferences and states of nature that ...
... with a local concept of efficiency. If agents are really under-investing because they are borrowing constrained, then if presented with a little bit of extra money to make a purely cash purchase, they should invest. Yet we prove in a general model with arbitrary preferences and states of nature that ...
Rent growth continues, albeit at a slower pace, amid hefty new
... and 10,000 units included Boston, Phoenix, Atlanta, Seattle, Los Angeles and Austin. The 2015 annual absorption rate—the ratio of total units absorbed to existing market inventory—was strongest in Charlotte, San Antonio, Austin, Orlando and Nashville, each with a rate above 3.0%. ...
... and 10,000 units included Boston, Phoenix, Atlanta, Seattle, Los Angeles and Austin. The 2015 annual absorption rate—the ratio of total units absorbed to existing market inventory—was strongest in Charlotte, San Antonio, Austin, Orlando and Nashville, each with a rate above 3.0%. ...
The Sukuk Market Comes of Age - Franklin Templeton Hong Kong
... estimates that total Sukuk sales (local- and foreigncurrency issues, including short-term paper) came to US$84.4 billion in 2011, an increase of 62% over 2010, and had increased further, to US$109 billion by the end of the third quarter of 2012. Standard & Poor’s believes Sukuk issuance could reach ...
... estimates that total Sukuk sales (local- and foreigncurrency issues, including short-term paper) came to US$84.4 billion in 2011, an increase of 62% over 2010, and had increased further, to US$109 billion by the end of the third quarter of 2012. Standard & Poor’s believes Sukuk issuance could reach ...
Margin-based Asset Pricing and Deviations from the Law of One Price
... model, we show that no basis can obtain in a world in which all agents face only the same linear constraint. Second, we consider assets with identical cash flows and different margin requirements, while margins for such assets would be the same if margins arose solely from limited commitment (Geanak ...
... model, we show that no basis can obtain in a world in which all agents face only the same linear constraint. Second, we consider assets with identical cash flows and different margin requirements, while margins for such assets would be the same if margins arose solely from limited commitment (Geanak ...
Inside Debt and Corporate Investment
... debt,” defined as unsecured long-term fixed claims (primarily defined-benefit pensions and deferred compensation) held by managers. In contrast to equity-based incentives, which are characterized by large upside potential with limited downside losses, the value of inside debt is particularly sensiti ...
... debt,” defined as unsecured long-term fixed claims (primarily defined-benefit pensions and deferred compensation) held by managers. In contrast to equity-based incentives, which are characterized by large upside potential with limited downside losses, the value of inside debt is particularly sensiti ...
FORM 10-K - corporate
... investments or through a co-investment with a financial sponsor. In addition, a portion of our portfolio may be comprised of corporate bonds and other debt securities. However, such investments are not expected to be significant. We expect that our investments will generally range between $5 million ...
... investments or through a co-investment with a financial sponsor. In addition, a portion of our portfolio may be comprised of corporate bonds and other debt securities. However, such investments are not expected to be significant. We expect that our investments will generally range between $5 million ...
Presentación de PowerPoint
... invitation to sell, exchange or buy, and it is not binding on the issuer in any way. The information about the plans of the Company, its evolution, its results and its dividends represents a simple forecast whose formulation does not represent a guarantee with respect to the future performance of th ...
... invitation to sell, exchange or buy, and it is not binding on the issuer in any way. The information about the plans of the Company, its evolution, its results and its dividends represents a simple forecast whose formulation does not represent a guarantee with respect to the future performance of th ...
Mining, Exploration and Investment
... The period under review, our first post-listing, has been both challenging and exciting. A firm believer in serendipity, I also maintain that one’s strength is revealed through adversity. Having weathered the listing of our company amidst the global economic crisis, there can be little doubt that we ...
... The period under review, our first post-listing, has been both challenging and exciting. A firm believer in serendipity, I also maintain that one’s strength is revealed through adversity. Having weathered the listing of our company amidst the global economic crisis, there can be little doubt that we ...
A Model of Competition Between Multinational Firms
... which I refer to as a green…eld investment. Alternatively, a …rm may acquire a local …rm in the market, which I refer to as an acquisition. In the late 1980s and early 1990s, many countries liberalized their economies so there were dramatic reductions in trade costs (Goodman and Pauly 1993; Hirst 1 ...
... which I refer to as a green…eld investment. Alternatively, a …rm may acquire a local …rm in the market, which I refer to as an acquisition. In the late 1980s and early 1990s, many countries liberalized their economies so there were dramatic reductions in trade costs (Goodman and Pauly 1993; Hirst 1 ...
Offering Memorandum - Morrison Laurier Mortgage Corporation
... services relating to the management of the Corporation's mortgage investment portfolio. “First Mortgage” means a mortgage having priority over all other security interests registered against the same real property used to secure such mortgage for which the principal amount, at the time of commitment ...
... services relating to the management of the Corporation's mortgage investment portfolio. “First Mortgage” means a mortgage having priority over all other security interests registered against the same real property used to secure such mortgage for which the principal amount, at the time of commitment ...
Student Study Notes - Chapter 5
... using information provided on the income statement including sales, expenses, and thus, net income. There are two methods that are used in calculating and reporting the amount of cash flow from operating activities on the statement of cash flows: the indirect method and the direct method. Although b ...
... using information provided on the income statement including sales, expenses, and thus, net income. There are two methods that are used in calculating and reporting the amount of cash flow from operating activities on the statement of cash flows: the indirect method and the direct method. Although b ...
Analysing Foreign Market Entry: The Choice
... providing an eclectic framework which warrants the development of more detailed models based on it. This paper focuses on one particular question, namely a firm's choice between greenfield investment or acquisition as a means of market entry. Under the assumption that firms produce for domestic mark ...
... providing an eclectic framework which warrants the development of more detailed models based on it. This paper focuses on one particular question, namely a firm's choice between greenfield investment or acquisition as a means of market entry. Under the assumption that firms produce for domestic mark ...
The equity premium
... pricing model. The CAPM postulates a linear relationship between an asset's beta (a measure of systematic risk) and expected return. Thus, high-- beta stocks yield a high expected rate of return. In the CAPM, good times and bad times are captured by the return on the market. The performance of the m ...
... pricing model. The CAPM postulates a linear relationship between an asset's beta (a measure of systematic risk) and expected return. Thus, high-- beta stocks yield a high expected rate of return. In the CAPM, good times and bad times are captured by the return on the market. The performance of the m ...
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.