Semi-Annual Report
... medium capitalization funds typically carry additional risks, since smaller companies generally have a higher risk of failure, and, historically, their stocks have experienced a greater degree of market volatility than stocks on average. Investments in debt securities typically decrease in value whe ...
... medium capitalization funds typically carry additional risks, since smaller companies generally have a higher risk of failure, and, historically, their stocks have experienced a greater degree of market volatility than stocks on average. Investments in debt securities typically decrease in value whe ...
Financing Firms in India Franklin Allen Rajesh
... can be effective for extended periods in supporting firm- and economy-wide growth. Second, our surveys provide the most comprehensive and detailed information on all the financing channels (standard and alternative) and governance mechanisms (formal and informal) at different stages of non-state, no ...
... can be effective for extended periods in supporting firm- and economy-wide growth. Second, our surveys provide the most comprehensive and detailed information on all the financing channels (standard and alternative) and governance mechanisms (formal and informal) at different stages of non-state, no ...
Pulling the Trigger: Default Option Exercise over the Business Cycle*
... School of Business and Department of Real Estate. Email:[email protected] ...
... School of Business and Department of Real Estate. Email:[email protected] ...
The Value Relevance of Regulatory Capital Components
... probability of default increases with leverage, banks may limit their indebtedness to the levels observed in corporate firms. However, in the presence of a regulatory safety net that mitigates the effects of bank failure on the financial system, banks may increase leverage beyond corporate levels. B ...
... probability of default increases with leverage, banks may limit their indebtedness to the levels observed in corporate firms. However, in the presence of a regulatory safety net that mitigates the effects of bank failure on the financial system, banks may increase leverage beyond corporate levels. B ...
The Market for Foreign Investment in Microfinance: Opportunities
... were expected to start operations in 2005 with assets of about $150 million. Thus, a total of about $654 million was expected to be available through private funds in the near term. Again, since this does not include future direct investment by IFIs, the total amount of near-term foreign investment ...
... were expected to start operations in 2005 with assets of about $150 million. Thus, a total of about $654 million was expected to be available through private funds in the near term. Again, since this does not include future direct investment by IFIs, the total amount of near-term foreign investment ...
Chapter 23- Real Estate Investment Trusts
... • Restricted to real estate investment related activities • Restrictions on “merchant building” • Must pay out 90% of earnings in dividends So REITs are “different animals” – somewhat passive (compared to other stocks), “pure plays” (in real estate). But also different from direct private market inv ...
... • Restricted to real estate investment related activities • Restrictions on “merchant building” • Must pay out 90% of earnings in dividends So REITs are “different animals” – somewhat passive (compared to other stocks), “pure plays” (in real estate). But also different from direct private market inv ...
Unlocking funding for European investment and growth
... solutions they propose for funding growth. These views are set within the context of independent research and data on the current state of the financing markets in Europe. By concentrating on the perceptions and specific concerns raised by the users and providers of financing we believe this report ...
... solutions they propose for funding growth. These views are set within the context of independent research and data on the current state of the financing markets in Europe. By concentrating on the perceptions and specific concerns raised by the users and providers of financing we believe this report ...
Emerging Equity Markets in a Globalizing World
... “Portfolio Flows to Emerging Markets”. At the time, the World Bank had recently compiled the first-ever database of emerging market equity returns. Foreign portfolio (as opposed to direct) investment was relatively new. The theme of the conference was to better understand the risks that portfolio in ...
... “Portfolio Flows to Emerging Markets”. At the time, the World Bank had recently compiled the first-ever database of emerging market equity returns. Foreign portfolio (as opposed to direct) investment was relatively new. The theme of the conference was to better understand the risks that portfolio in ...
venture capital pre-investment decision making process
... Yeh, 2004; Naqi & Hettihewa 2007). Another issue discussed in these studies is the difference between the concept of venture capital investment practiced in developing nations and the traditional concept of venture capital investment practiced in developed nations. Recent studies, however address th ...
... Yeh, 2004; Naqi & Hettihewa 2007). Another issue discussed in these studies is the difference between the concept of venture capital investment practiced in developing nations and the traditional concept of venture capital investment practiced in developed nations. Recent studies, however address th ...
wiiw FDI Database – detailed description (June 2015)
... The concepts of direct investor and direct investment enterprise remain broadly unchanged compared with BPM5. Under ‘Direct investor in direct investment enterprises’, the reporting economy of the direct investor records the assets of the direct investor. The reporting economy of the direct investme ...
... The concepts of direct investor and direct investment enterprise remain broadly unchanged compared with BPM5. Under ‘Direct investor in direct investment enterprises’, the reporting economy of the direct investor records the assets of the direct investor. The reporting economy of the direct investme ...
Office of Government Ethics Guidance on Hedge Fund and Other
... OGE updated its guidance in 2014 to loosen the rules on reporting hedge funds and other pooled investment funds. OGE recognized that many investors do not have access to information about the underlying assets in such funds, which effectively mitigates concerns about conflicts of interest arising ou ...
... OGE updated its guidance in 2014 to loosen the rules on reporting hedge funds and other pooled investment funds. OGE recognized that many investors do not have access to information about the underlying assets in such funds, which effectively mitigates concerns about conflicts of interest arising ou ...
Venture Capita Report
... transcends geography. Almost 60 per cent of all specialist funds are based in London. But there are also a significant number of specialists based around the major technology clusters in the South East and Eastern regions. • Historically, specialists have had a focus on early stage investing but re ...
... transcends geography. Almost 60 per cent of all specialist funds are based in London. But there are also a significant number of specialists based around the major technology clusters in the South East and Eastern regions. • Historically, specialists have had a focus on early stage investing but re ...
Design of Financial Securities: Empirical Evidence from Private-label RMBS Deals
... CDO managers whereas the more senior tranches were typically bought by less sophisticated investors such as retirement funds.6 Such a segmentation in this market is likely to provide incentives to deal sponsors to retain relatively larger portion of better deals since equity tranches are sold to rel ...
... CDO managers whereas the more senior tranches were typically bought by less sophisticated investors such as retirement funds.6 Such a segmentation in this market is likely to provide incentives to deal sponsors to retain relatively larger portion of better deals since equity tranches are sold to rel ...
Debt, Equity and Hybrid Decoupling
... morphable (accompanied by the informal ability to acquire voting rights), or both (hidden (morphable) ownership). 3 Hidden (morphable) ownership can be seen as one form of ‘soft parking’ of shares: arranging for shares to be held in friendly hands to avoid regulatory or other burdens of direct owner ...
... morphable (accompanied by the informal ability to acquire voting rights), or both (hidden (morphable) ownership). 3 Hidden (morphable) ownership can be seen as one form of ‘soft parking’ of shares: arranging for shares to be held in friendly hands to avoid regulatory or other burdens of direct owner ...
Conference Program
... This workshop will introduce a highly interactive five-stage learning process (L.E.A.D.S.™) for participants to learn & apply prospecting skills. Most firms have done significant work with the “science” side of prospecting, this workshop uncovers the “art” side by introducing a new mindset of inquir ...
... This workshop will introduce a highly interactive five-stage learning process (L.E.A.D.S.™) for participants to learn & apply prospecting skills. Most firms have done significant work with the “science” side of prospecting, this workshop uncovers the “art” side by introducing a new mindset of inquir ...
The Case for Strategic Convertible Allocations
... Convertibles with higher levels of equity sensitivity may be utilized within lower-volatility equity allocations, providing an innovative solution for investors who wish to participate in equity markets but are concerned about downside equity volatility. (In volatile markets, the bond value provides ...
... Convertibles with higher levels of equity sensitivity may be utilized within lower-volatility equity allocations, providing an innovative solution for investors who wish to participate in equity markets but are concerned about downside equity volatility. (In volatile markets, the bond value provides ...
Organizational Decision-Making and Information: Angel Investments
... the venture capital organization may break down: individual angel investments by partners of venture capital firms. Partners of some venture capital firms make their own angel investments into ventures their firm ultimately chooses not to invest in. As a requirement of employment with the venture ca ...
... the venture capital organization may break down: individual angel investments by partners of venture capital firms. Partners of some venture capital firms make their own angel investments into ventures their firm ultimately chooses not to invest in. As a requirement of employment with the venture ca ...
Focus your aim - JP Morgan Asset Management
... Source: J.P. Morgan retirement research data. *Rates of return are standardized using the interquartile methodology. The analysis measurement period is December 31, 2008 through December 31, 2011. The above data represents an analysis of 515,634 participants’ rate of return. It does not represent th ...
... Source: J.P. Morgan retirement research data. *Rates of return are standardized using the interquartile methodology. The analysis measurement period is December 31, 2008 through December 31, 2011. The above data represents an analysis of 515,634 participants’ rate of return. It does not represent th ...
Hedge Fund Risk and Return Modeling
... Factor model Monte Carlo methodology Risk decompositions Examples © Eric Zivot 2011 ...
... Factor model Monte Carlo methodology Risk decompositions Examples © Eric Zivot 2011 ...
AEGON withstands market turmoil with continued capital
... earnings from fee-based businesses grew compared with the third quarter last year. However, they were more than offset by a weaker US dollar against the euro and lower earnings from fixed annuities as this line of business is de-emphasized. Earnings included the positive effect of updated assumption ...
... earnings from fee-based businesses grew compared with the third quarter last year. However, they were more than offset by a weaker US dollar against the euro and lower earnings from fixed annuities as this line of business is de-emphasized. Earnings included the positive effect of updated assumption ...
Results of DNB investment surveys into alternative investments by
... 1 http://www.dnb.nl/binaries/Brief%20Resultaten%20DNB%20onderzoeken%20innovatieve%20beleggingen_tcm46-274786.pdf 2 Within the framework of the thematic survey of innovative investments and the survey on investments in private equity and hedge ...
... 1 http://www.dnb.nl/binaries/Brief%20Resultaten%20DNB%20onderzoeken%20innovatieve%20beleggingen_tcm46-274786.pdf 2 Within the framework of the thematic survey of innovative investments and the survey on investments in private equity and hedge ...
Factor Risk Model
... of linear regressions of the portfolio holdings against a set of predefined risk factors. It is important to note that the choice of model, simple linear regression analysis, implies that we deviate from the current trend in factor models: Using either Principal Components Analysis (PCA) or Singular ...
... of linear regressions of the portfolio holdings against a set of predefined risk factors. It is important to note that the choice of model, simple linear regression analysis, implies that we deviate from the current trend in factor models: Using either Principal Components Analysis (PCA) or Singular ...
URL Address
... of the financial markets necessitates high speed data processing. The accuracy of data is crucial in order to avoid losses and to manage risk, as securities brokerage business deals with thousands of millions of yen at a time. From a managerial point of view, the minimum human resources should be al ...
... of the financial markets necessitates high speed data processing. The accuracy of data is crucial in order to avoid losses and to manage risk, as securities brokerage business deals with thousands of millions of yen at a time. From a managerial point of view, the minimum human resources should be al ...
4 Empirical Results. - Econ
... How inside information influences portfolio choice in liberalized financial markets is the focus of this article. It extends a result due to Fama and French (2006). These authors show that after removing one of the CAPM assumptions, the assumption that all investors have equal information – outsider ...
... How inside information influences portfolio choice in liberalized financial markets is the focus of this article. It extends a result due to Fama and French (2006). These authors show that after removing one of the CAPM assumptions, the assumption that all investors have equal information – outsider ...
Private equity in the 2000s
Private equity in the 2000s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.The development of the private equity and venture capital asset classes has occurred through a series of boom and bust cycles since the middle of the 20th century. As the 20th century ended, so, too, did the dot-com bubble and the tremendous growth in venture capital that had marked the previous five years. In the wake of the collapse of the dot-com bubble, a new ""Golden Age"" of private equity ensued, as leveraged buyouts reach unparalleled size and the private equity firms achieved new levels of scale and institutionalization, exemplified by the initial public offering of the Blackstone Group in 2007.