Investment - Cash Flow Sensitivity and Financing Constraints
... largest emerging markets - India. An analysis of Indian business groups can be useful because of several distinct features. First, it is possible to identify business group affiliation in India with a high level of accuracy. This information is publicly disclosed in annual reports and/or filings wit ...
... largest emerging markets - India. An analysis of Indian business groups can be useful because of several distinct features. First, it is possible to identify business group affiliation in India with a high level of accuracy. This information is publicly disclosed in annual reports and/or filings wit ...
South-Originating Green Finance - International Institute for
... requires up to US$100 trillion between now and 2030. While greening such investment will often cost less over the longterm, there are higher upfront costs, estimated at an additional US$700 billion annually.1 Current investment flows, however, are profoundly inadequate, both in terms of their volume ...
... requires up to US$100 trillion between now and 2030. While greening such investment will often cost less over the longterm, there are higher upfront costs, estimated at an additional US$700 billion annually.1 Current investment flows, however, are profoundly inadequate, both in terms of their volume ...
Corporate Finance (Book 1)
... • Liquidity ratios refer to a firm’s ability to satisfy its short-term obligations when needed • The primary concern is the firm’s ability to pay its bills in the short term without undue stress • Efficiency or activity ratios measure how efficiently and intensively a firm uses its assets to generat ...
... • Liquidity ratios refer to a firm’s ability to satisfy its short-term obligations when needed • The primary concern is the firm’s ability to pay its bills in the short term without undue stress • Efficiency or activity ratios measure how efficiently and intensively a firm uses its assets to generat ...
MANDATE - EasyEquities
... EasyEquities Platform to either buy or sell a certain Rand amount of Whole Securities or a certain number of Whole Securities, or where you do not have enough money to buy one or more Whole Securities, an Order means a conditional instruction given to us through the EasyEquities Platform to open a n ...
... EasyEquities Platform to either buy or sell a certain Rand amount of Whole Securities or a certain number of Whole Securities, or where you do not have enough money to buy one or more Whole Securities, an Order means a conditional instruction given to us through the EasyEquities Platform to open a n ...
Alcon (PDF 1.5 MB)
... financial or other impact on Novartis or any of our divisions of the strategic actions announced in January 2016 to focus our divisions, integrate certain functions and leverage our scale; or regarding any potential financial or other impact on Novartis as a result of the creation and operation of N ...
... financial or other impact on Novartis or any of our divisions of the strategic actions announced in January 2016 to focus our divisions, integrate certain functions and leverage our scale; or regarding any potential financial or other impact on Novartis as a result of the creation and operation of N ...
Central bank diversification strategies: Rebalancing from the dollar
... Canada, a strong commodity sector and healthy economic fundamentals support much higher yields than those available in the US and Europe. Returns are further enhanced by strong currencies, with US dollar denominated returns in these Alternative markets benefiting from foreign exchange appreciation a ...
... Canada, a strong commodity sector and healthy economic fundamentals support much higher yields than those available in the US and Europe. Returns are further enhanced by strong currencies, with US dollar denominated returns in these Alternative markets benefiting from foreign exchange appreciation a ...
An Economic Perspective on Dividends
... the only consideration for investment. Dividends are not guaranteed and will fluctuate. advisory and other fees or expenses that would reduce performance in an actual client Investing entails risk, including the possible loss of principal. Any performance or account. Please see Endnotes for index de ...
... the only consideration for investment. Dividends are not guaranteed and will fluctuate. advisory and other fees or expenses that would reduce performance in an actual client Investing entails risk, including the possible loss of principal. Any performance or account. Please see Endnotes for index de ...
HOW THE FLAWS OF BASEL II LED TO THE COLLAPSE OF BEAR
... compliance with the requirements of entry.22 Second, regulators generally impose capital requirements that force banks to hold minimum levels of money in reserve.23 Finally, regulators attempt to impose market discipline on the financial industry through the public disclosure of financial informatio ...
... compliance with the requirements of entry.22 Second, regulators generally impose capital requirements that force banks to hold minimum levels of money in reserve.23 Finally, regulators attempt to impose market discipline on the financial industry through the public disclosure of financial informatio ...
Reinsurance Market Report
... Note: For the purposes of this report the term catastrophe loss reflects generally large single event claims as reported by the companies themselves. A catastrophe related loss may therefore not appear in our numbers as ‘Cat Loss’ unless it reaches a value that exceeds the company’s own threshold fo ...
... Note: For the purposes of this report the term catastrophe loss reflects generally large single event claims as reported by the companies themselves. A catastrophe related loss may therefore not appear in our numbers as ‘Cat Loss’ unless it reaches a value that exceeds the company’s own threshold fo ...
Form ADV - Palisade Capital Management
... Department, (ii) call their client service representative at (201) 585-7733, or (iii) send an email to [email protected]. If Palisade agrees in writing to be responsible for voting Client proxies or making elections with respect to issuers of securities held in Client account(s), Palisade ...
... Department, (ii) call their client service representative at (201) 585-7733, or (iii) send an email to [email protected]. If Palisade agrees in writing to be responsible for voting Client proxies or making elections with respect to issuers of securities held in Client account(s), Palisade ...
***** 1
... values at that date. Any difference between the cost of the business combination and the acquirer’s interest in the net fair value of the identifiable assets, liabilities and provisions for contingent liabilities so recognized shall be accounted as ‘negative goodwill’ or gain from bargain purchase. ...
... values at that date. Any difference between the cost of the business combination and the acquirer’s interest in the net fair value of the identifiable assets, liabilities and provisions for contingent liabilities so recognized shall be accounted as ‘negative goodwill’ or gain from bargain purchase. ...
Investment Financing and Financial Development: Firm Level Evidence from Vietnam
... large) and legal ownership (state, foreign and private) for both manufacturing and nonmanufacturing firms from Vietnam. The inclusion of non-listed SMEs is important as current research suggests that SMEs are most at risk of being constrained (Beck et al., 2008,a,b). Many SMEs face particular chall ...
... large) and legal ownership (state, foreign and private) for both manufacturing and nonmanufacturing firms from Vietnam. The inclusion of non-listed SMEs is important as current research suggests that SMEs are most at risk of being constrained (Beck et al., 2008,a,b). Many SMEs face particular chall ...
Washington Mutual – largest bank failure in US history
... * CDs are FDIC insured up to $250,000 through 12/31/2009, offer a fixed rate of return, and are not subject to market volatility. Equity investments are subject to market volatility and have greater risk than CDs and other cash investments. 1 Continuous or periodic investment plans neither assure a ...
... * CDs are FDIC insured up to $250,000 through 12/31/2009, offer a fixed rate of return, and are not subject to market volatility. Equity investments are subject to market volatility and have greater risk than CDs and other cash investments. 1 Continuous or periodic investment plans neither assure a ...
Asset pricing in the frequency domain: theory and empirics
... This equation maps element-by-element product of the infinite collections {gj,k } and {zk } into a simple integral over a finite range in the frequency domain. This result is closely related to Plancherel and Parseval’s theorems, but is not identical because we take advantage of the fact that gj,k = ...
... This equation maps element-by-element product of the infinite collections {gj,k } and {zk } into a simple integral over a finite range in the frequency domain. This result is closely related to Plancherel and Parseval’s theorems, but is not identical because we take advantage of the fact that gj,k = ...
Proposed Technical Information Paper 2 Depreciated Replacement
... circumstances specific to each analysis and all three approaches to value should be considered and reconciled in any valuation analysis along with their hierarchies of value. 2. This Exposure Draft identifies depreciated replacement cost as the most common method of valuation under the Cost Approach ...
... circumstances specific to each analysis and all three approaches to value should be considered and reconciled in any valuation analysis along with their hierarchies of value. 2. This Exposure Draft identifies depreciated replacement cost as the most common method of valuation under the Cost Approach ...
Coherent Distortion Risk Measures in Portfolio Selection
... uniform distribution. This is not a very limiting assumption if we restrict ourselves to discrete portfolio loss distributions, which is typically the case if we are obtaining distributional information via scenario generation or from historical data samples. In addition, given any arbitrary discret ...
... uniform distribution. This is not a very limiting assumption if we restrict ourselves to discrete portfolio loss distributions, which is typically the case if we are obtaining distributional information via scenario generation or from historical data samples. In addition, given any arbitrary discret ...
Keywords: hot and cold deal market, valuation biases, real options
... this project exceeds 0 (Berk & DeMarzo, 2014). As long as the aforementioned future cash flows can be estimated with relative confidence, this is desirable. However, when this is no longer the case, a so called horizon value should be established (see Appendix A for an example of an overview of a DC ...
... this project exceeds 0 (Berk & DeMarzo, 2014). As long as the aforementioned future cash flows can be estimated with relative confidence, this is desirable. However, when this is no longer the case, a so called horizon value should be established (see Appendix A for an example of an overview of a DC ...
NBER WORKING PAPER SERIES MUTUAL FUND PERFORMANCE WITH LEARNING ACROSS FUNDS
... important role for prior dependence in this framework. To get some idea of the manner in which prior dependence will affect the interpretation of empirical evidence, it is helpful to consider an extreme case. Suppose that σα is zero, so that all managers have the same alpha, µα. This parameter would ...
... important role for prior dependence in this framework. To get some idea of the manner in which prior dependence will affect the interpretation of empirical evidence, it is helpful to consider an extreme case. Suppose that σα is zero, so that all managers have the same alpha, µα. This parameter would ...
Morningstar Guide
... redemption fees. The penalty is determined by the amount of variation in monthly returns, with an emphasis on downward variation. The greater the variation, the larger the penalty. Investments are ranked within their Morningstar Categories by their risk-adjusted return and assigned stars using the f ...
... redemption fees. The penalty is determined by the amount of variation in monthly returns, with an emphasis on downward variation. The greater the variation, the larger the penalty. Investments are ranked within their Morningstar Categories by their risk-adjusted return and assigned stars using the f ...
Enhancing affordable rental housing investment via an intermediary
... Institute. Available from:.
[Add the date that you accessed this report: DD MM YYYY].
...
... Institute. Available from:
Outlook 2017 > Gauging Market Milestones
... The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security. To determine which investments may be appropriate for you, consult your financial advisor prio ...
... The opinions voiced in this material are for general information only and are not intended to provide or be construed as providing specific investment advice or recommendations for any individual security. To determine which investments may be appropriate for you, consult your financial advisor prio ...
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.