Real Estate Investment Trusts (REITs)
... • Partnerships allocated REIT shares based on appraised value of partnership property • Property owners can swap RE investments for OP units using IRS tax deferred exchange rule 731 • REIT issues shares to the public and purchases properties owned by the OP • First UPREIT created by Taubman in 1992 ...
... • Partnerships allocated REIT shares based on appraised value of partnership property • Property owners can swap RE investments for OP units using IRS tax deferred exchange rule 731 • REIT issues shares to the public and purchases properties owned by the OP • First UPREIT created by Taubman in 1992 ...
Active bond-fund excess returns: Is it alpha . . . or beta?
... 6 For the style analysis of corporate bonds, we used the Barclays U.S. Credit Bond Index. Although the index includes bonds issued by corporations (79% of the index weighting) as well as non-U.S. corporate issuers (21%) such as supranationals, sovereigns, foreign agencies, or foreign local governme ...
... 6 For the style analysis of corporate bonds, we used the Barclays U.S. Credit Bond Index. Although the index includes bonds issued by corporations (79% of the index weighting) as well as non-U.S. corporate issuers (21%) such as supranationals, sovereigns, foreign agencies, or foreign local governme ...
Integrated annual report and group annual financial statements
... Africa and, more recently, South-eastern Europe. Hyprop’s strategy is to own high-quality shopping centres in emerging markets, where such assets can be acquired or developed at attractive yields. Hyprop’s shopping centres dominate in terms of average size, which attracts new concept and flagship st ...
... Africa and, more recently, South-eastern Europe. Hyprop’s strategy is to own high-quality shopping centres in emerging markets, where such assets can be acquired or developed at attractive yields. Hyprop’s shopping centres dominate in terms of average size, which attracts new concept and flagship st ...
Intermediary Asset Pricing
... households pull out of mutual funds because they have delivered low past returns, and mutual funds in turn are forced to liquidate their asset holdings (as in Shleifer and Vishny, 1997). In both cases, the key dynamic of the model is that low specialist wealth states lead households to withdraw fun ...
... households pull out of mutual funds because they have delivered low past returns, and mutual funds in turn are forced to liquidate their asset holdings (as in Shleifer and Vishny, 1997). In both cases, the key dynamic of the model is that low specialist wealth states lead households to withdraw fun ...
Saving and investment: the economic development of Singapore
... Chapter Two investigates the country’s saving ratios in a time-series regression analysis. It is able to show that strong income developments are the main force behind Singapore’s saving behaviour, while the demographic transition seems to have been the initial catalyst and also the enabling factor ...
... Chapter Two investigates the country’s saving ratios in a time-series regression analysis. It is able to show that strong income developments are the main force behind Singapore’s saving behaviour, while the demographic transition seems to have been the initial catalyst and also the enabling factor ...
NBER WORKING PAPER SERIES CAPITAL FLOWS AND CONTROLS Ilan Goldfajn
... However, the combination of a few factors suggests a new trend. First, the floating exchange rate regime is providing more incentives for borrowers to better assess risk, in particular in the non-tradable sector. Second, exports are increasing in a magnitude not seen before, leading to a record low ...
... However, the combination of a few factors suggests a new trend. First, the floating exchange rate regime is providing more incentives for borrowers to better assess risk, in particular in the non-tradable sector. Second, exports are increasing in a magnitude not seen before, leading to a record low ...
“Analysis of Long-Lived Assets, Part I: The Capitalization Decision”
... Franchises and Licenses – franchisee/licensee capitalizes the cost of purchasing these rights and amortizes these over the benefit of the license/franchise. If the franchise has an indefinite life, then it should be carried at cost and not be amortized. Brands and Trademarks – capitalize the cost of ...
... Franchises and Licenses – franchisee/licensee capitalizes the cost of purchasing these rights and amortizes these over the benefit of the license/franchise. If the franchise has an indefinite life, then it should be carried at cost and not be amortized. Brands and Trademarks – capitalize the cost of ...
Summary Prospectus for the Public Offering of Shares of Nova
... On 30 June 2009, the NLB's General Meeting of Shareholders adopted a resolution on the amendment to the Articles of Association of the NLB, authorising the NLB's Management Board to increase, during the period of five years after the entry of the said amendment to the Articles of Association in the ...
... On 30 June 2009, the NLB's General Meeting of Shareholders adopted a resolution on the amendment to the Articles of Association of the NLB, authorising the NLB's Management Board to increase, during the period of five years after the entry of the said amendment to the Articles of Association in the ...
Haksoz Kadam SPR Feb2009
... solutions. An important enhancement of our model over above prior studies in this direction is that we extend the basic model to a portfolio of supply contracts. We do this using the CreditRisk+ framework well known in finance and insurance literature. The Deloitte Research report by Kambil and Mahi ...
... solutions. An important enhancement of our model over above prior studies in this direction is that we extend the basic model to a portfolio of supply contracts. We do this using the CreditRisk+ framework well known in finance and insurance literature. The Deloitte Research report by Kambil and Mahi ...
R Failures in Risk Management
... model, in which the returns usually behave as if stocks and long-term U.S. Treasuries over the period drawn from a normal distribution but are periodically from 1926 through 1997. Both series show a positive “jumped” up or down by adding an independent, serial correlation of around 0.09. normally di ...
... model, in which the returns usually behave as if stocks and long-term U.S. Treasuries over the period drawn from a normal distribution but are periodically from 1926 through 1997. Both series show a positive “jumped” up or down by adding an independent, serial correlation of around 0.09. normally di ...
OOK L T
... whole or in part to any other person without our prior written consent. This publication should not be construed as an offer or solicitation for the subscription, purchase or sale of the securities/instruments mentioned herein. Any forecast on the economy, stock market, bond market and economic tren ...
... whole or in part to any other person without our prior written consent. This publication should not be construed as an offer or solicitation for the subscription, purchase or sale of the securities/instruments mentioned herein. Any forecast on the economy, stock market, bond market and economic tren ...
Workshop Summary
... Christie Stephenson also noted that some firms leave proxy voting to individual fund managers, meaning that different individuals within the same firm can cancel out each other’s votes. Attendees were encouraged to not simply default to external managers’ decisions, but rather, to be informed and in ...
... Christie Stephenson also noted that some firms leave proxy voting to individual fund managers, meaning that different individuals within the same firm can cancel out each other’s votes. Attendees were encouraged to not simply default to external managers’ decisions, but rather, to be informed and in ...
Automatic Annuitization: New Behavioral Strategies for Expanding
... Workers contemplating retirement face significant financial risks. Inflation, an uncertain rate of return on investments, the insolvency of a former employer or financial provider—all these external factors can deplete retirees’ assets and income. Personal risks such as unemployment, illness, disabi ...
... Workers contemplating retirement face significant financial risks. Inflation, an uncertain rate of return on investments, the insolvency of a former employer or financial provider—all these external factors can deplete retirees’ assets and income. Personal risks such as unemployment, illness, disabi ...
ch 4 financial study
... make profits, how much profit it will make, and what investors will gain from their investment. The investment return section should offer both a description of how investors will be involved and discuss different variables that will affect the profitability of your business, offering more than one ...
... make profits, how much profit it will make, and what investors will gain from their investment. The investment return section should offer both a description of how investors will be involved and discuss different variables that will affect the profitability of your business, offering more than one ...
An Evaluation of Money Market Fund Reform Proposals
... Securities and Exchange Commission (SEC) asked for more specific feedback on the floating NAV proposal, and the possibility of combining it with conditional redemption restrictions. In evaluating these proposals, we assume that the primary objective of reform is safeguarding global financial stabili ...
... Securities and Exchange Commission (SEC) asked for more specific feedback on the floating NAV proposal, and the possibility of combining it with conditional redemption restrictions. In evaluating these proposals, we assume that the primary objective of reform is safeguarding global financial stabili ...
Template for Treasury Research Papers
... The appeal of this style of explanation is that it would produce regular symmetric cycles like those in Chart 1. Moreover, the model has many features which appear to be applicable to the dwelling sector. Supply is fixed in the short term and only responds with a lag — with delays between planning, ...
... The appeal of this style of explanation is that it would produce regular symmetric cycles like those in Chart 1. Moreover, the model has many features which appear to be applicable to the dwelling sector. Supply is fixed in the short term and only responds with a lag — with delays between planning, ...
Investing in Real Estate in a Shariah Compliant Way
... people to acquire the right to use assets that they do not own since not all people may be able to own tangible assets ...
... people to acquire the right to use assets that they do not own since not all people may be able to own tangible assets ...
Corporate Governance Policy
... Mercer regards voting its shares as important to our fiduciary responsibility. A vote is a visible and concrete expression of what may have been expressed in private discussion with the company’s board or management either via our agents (investment managers) or directly with Mercer management (refe ...
... Mercer regards voting its shares as important to our fiduciary responsibility. A vote is a visible and concrete expression of what may have been expressed in private discussion with the company’s board or management either via our agents (investment managers) or directly with Mercer management (refe ...
introduction to financial statements
... Assets include tangible items: cash, investments, accounts receivable, plant, property, equipment, and inventory As well as include intangible: goodwill Nowicki, M. (2004). The Financial management of hospitals and healthcare organizations. Health Administration Press: Chicago, Illinois. ...
... Assets include tangible items: cash, investments, accounts receivable, plant, property, equipment, and inventory As well as include intangible: goodwill Nowicki, M. (2004). The Financial management of hospitals and healthcare organizations. Health Administration Press: Chicago, Illinois. ...
FOREIGN DIRECT INVESTMENT IN A SMALL OPEN ECONOMY
... largest investors in the Balkans as well as Central and Eastern European Countries (CEECs) (Demos et al., 2004; Stoian and Filippaios, 2007). Greek firms making the most of their geographical proximity and capitalising on their cultural and commercial links with CEECs are heavily investing in those ...
... largest investors in the Balkans as well as Central and Eastern European Countries (CEECs) (Demos et al., 2004; Stoian and Filippaios, 2007). Greek firms making the most of their geographical proximity and capitalising on their cultural and commercial links with CEECs are heavily investing in those ...
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.