Hedge Funds and Governance Targets
... intervention, the demands made, and the tactics employed. As to outcome, however, the case is an outlier; Mylan’s payout is unusual both for its magnitude and the borrowing that financed it. Large payouts have been made by a minority of the firms surveyed, with borrowing as the mode of finance in on ...
... intervention, the demands made, and the tactics employed. As to outcome, however, the case is an outlier; Mylan’s payout is unusual both for its magnitude and the borrowing that financed it. Large payouts have been made by a minority of the firms surveyed, with borrowing as the mode of finance in on ...
Debt/Equity Swaps and Mexican Law: The
... to stimulate import substitution. 8 In the early 1970s, the only legal restraints on the percentage of foreign participation in industrialized activities resulted from the application of the Emergency Decree of 1944 and the exclusion of private participation, both domestic and foreign, in nationaliz ...
... to stimulate import substitution. 8 In the early 1970s, the only legal restraints on the percentage of foreign participation in industrialized activities resulted from the application of the Emergency Decree of 1944 and the exclusion of private participation, both domestic and foreign, in nationaliz ...
Franklin High Yield Fund
... subsidiaries of the parent company, Franklin Resources, Inc. (FRI) [NYSE: BEN], a global investment organisation operating as FTI. Total and platform AUM includes discretionary and advisory accounts, including pooled investment vehicles, separate accounts and other vehicles, as well as some accounts ...
... subsidiaries of the parent company, Franklin Resources, Inc. (FRI) [NYSE: BEN], a global investment organisation operating as FTI. Total and platform AUM includes discretionary and advisory accounts, including pooled investment vehicles, separate accounts and other vehicles, as well as some accounts ...
Proceedings of 10th Annual London Business Research Conference
... each construct and its precise dimensions were judged using Cronbach’s Alpha coefficients. Then, Factor Analysis technique was applied to extract the most relevant factors which explain a higher variation in investors’ investment performance. The individual investor behaviour is influenced by a larg ...
... each construct and its precise dimensions were judged using Cronbach’s Alpha coefficients. Then, Factor Analysis technique was applied to extract the most relevant factors which explain a higher variation in investors’ investment performance. The individual investor behaviour is influenced by a larg ...
Italian Cooperative Federations: A 10-minute intro
... Other federations are similar to Legacoop, i.e., ask for a fraction of a percent of sales annually In regions where the consumer Coop is strong (as in Liguria), it represents about half of payments to the Legacoop federation ...
... Other federations are similar to Legacoop, i.e., ask for a fraction of a percent of sales annually In regions where the consumer Coop is strong (as in Liguria), it represents about half of payments to the Legacoop federation ...
Target Outcome Funds
... • The value of each Target Outcome Fund’s portfolio will fluctuate. Unitholders may suffer substantial losses. • Target Outcome Funds are not actively managed. Each Fund will generally hold, and may continue to buy, the same assets even though the market value or yield on such assets may have change ...
... • The value of each Target Outcome Fund’s portfolio will fluctuate. Unitholders may suffer substantial losses. • Target Outcome Funds are not actively managed. Each Fund will generally hold, and may continue to buy, the same assets even though the market value or yield on such assets may have change ...
Asian Market Drives Record Investment in Unlisted
... class has become home to a diverse range of firms and institutional investors. The constant need for, and evolution of, modern transport systems, alternative power sources and technological structures make the industry an attractive proposition. Moreover, Donald Trump’s infrastructure programme coul ...
... class has become home to a diverse range of firms and institutional investors. The constant need for, and evolution of, modern transport systems, alternative power sources and technological structures make the industry an attractive proposition. Moreover, Donald Trump’s infrastructure programme coul ...
Mutual funds
... Advent of money market mutual funds in 1972 as investors looked for ways to earn market rates on short-term funds Tax-exempt money market mutual funds introduced in 1979 Special-purpose equity, bond, emerging market, and derivative funds exploded on the scene during the 1990’s bull market McGr ...
... Advent of money market mutual funds in 1972 as investors looked for ways to earn market rates on short-term funds Tax-exempt money market mutual funds introduced in 1979 Special-purpose equity, bond, emerging market, and derivative funds exploded on the scene during the 1990’s bull market McGr ...
Financial distress, reorganization and corporate performance
... following section further discusses the coalition behaviour in the context of VA decision-making, and refers to the findings in prior research to develop a decision model for VA. 3.2. Development of propositions Review of literature in the previous sections has 1) demonstrated the usefulness of the ...
... following section further discusses the coalition behaviour in the context of VA decision-making, and refers to the findings in prior research to develop a decision model for VA. 3.2. Development of propositions Review of literature in the previous sections has 1) demonstrated the usefulness of the ...
Corporate Finance, 3e (Berk/DeMarzo) Chapter 2 Introduction to
... Copyright © 2014 Pearson Education, Inc. ...
... Copyright © 2014 Pearson Education, Inc. ...
Collective investment schemes regulations
... US regulation authorizes two general types of CIFs. The first is maintained exclusively for the collective investment and reinvestment of money contributed to the fund by the bank, or by one or more affiliated banks, in its capacity as trustee, executor, administrator, guardian, or custodian. This t ...
... US regulation authorizes two general types of CIFs. The first is maintained exclusively for the collective investment and reinvestment of money contributed to the fund by the bank, or by one or more affiliated banks, in its capacity as trustee, executor, administrator, guardian, or custodian. This t ...
Equal opportunity rule vs. market rule in transfer of control - Hal-SHS
... explain different terms in acquisitions. Atanasov et al (2010) considered a US sample of acquisitions of a subsidiary by a parent company. The authors show that subsidiaries bought by parents owning a minority stake are valued at a median 23% discount compared to peers. When considering majority-ow ...
... explain different terms in acquisitions. Atanasov et al (2010) considered a US sample of acquisitions of a subsidiary by a parent company. The authors show that subsidiaries bought by parents owning a minority stake are valued at a median 23% discount compared to peers. When considering majority-ow ...
Accruals, Net Stock Issues and Value-Glamour Anomalies
... that equity issuers have lower risk due to their lower leverage, and thus are priced to yield lower expected return. Based on Khan (2008), accruals, that are found by Cohen and Lys (2006) to capture stock returns following net equity and debt financing activities, have a strong negative relation wit ...
... that equity issuers have lower risk due to their lower leverage, and thus are priced to yield lower expected return. Based on Khan (2008), accruals, that are found by Cohen and Lys (2006) to capture stock returns following net equity and debt financing activities, have a strong negative relation wit ...
Wave 7 - BetterInvesting
... research studies to better understand the attitudes and behaviors of American investors. This study represents the seventh wave of research conducted for BetterInvesting. The previous waves were conducted in September 2003, January 2004, May 2004, November 2004, February 2005, and June 2005. By regu ...
... research studies to better understand the attitudes and behaviors of American investors. This study represents the seventh wave of research conducted for BetterInvesting. The previous waves were conducted in September 2003, January 2004, May 2004, November 2004, February 2005, and June 2005. By regu ...
TCW High Dividend Equities Fund Summary Prospectus
... compare with a broad measure of market performance. This information provides some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows performance of the Fund’s Class I shares. Class N performance may be lower than Clas ...
... compare with a broad measure of market performance. This information provides some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year. The bar chart shows performance of the Fund’s Class I shares. Class N performance may be lower than Clas ...
The Hedge Fund Edge
... than $1 million for an individual or $5 million for an entity) or income (i.e., greater than $200,000 per individual in each of the two most recent years), represents a suitability test for those considering a security exempt from SEC registration. The presumption behind this test is that an investo ...
... than $1 million for an individual or $5 million for an entity) or income (i.e., greater than $200,000 per individual in each of the two most recent years), represents a suitability test for those considering a security exempt from SEC registration. The presumption behind this test is that an investo ...
V7-Mutual Fund year book
... CRISIL Research, a division of CRISIL Limited (CRISIL), has taken due care and caution in preparing this Report based on the information obtained by CRISIL from sources which it considers reliable (Data). However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Data / Report ...
... CRISIL Research, a division of CRISIL Limited (CRISIL), has taken due care and caution in preparing this Report based on the information obtained by CRISIL from sources which it considers reliable (Data). However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Data / Report ...
US dividends for the long term
... • US equities that pay dividends have historically outperformed non-dividend-paying stocks over the long term. Not only are total returns driven by dividend growth over the long term, but dividend payout policies may also help drive smarter capital allocation decisions by management. • The tax adv ...
... • US equities that pay dividends have historically outperformed non-dividend-paying stocks over the long term. Not only are total returns driven by dividend growth over the long term, but dividend payout policies may also help drive smarter capital allocation decisions by management. • The tax adv ...
IFRS Update
... Decision for roadmap – 2009? Decision for 2014-16 - 2011 Largest international issuers choose to adopt as early as 2009 • 20 largest in industry globally • IFRSs used most often in that industry ...
... Decision for roadmap – 2009? Decision for 2014-16 - 2011 Largest international issuers choose to adopt as early as 2009 • 20 largest in industry globally • IFRSs used most often in that industry ...
MCCM 3Q2016_Market Outlook.pub
... Ferris: “I'm so disappointed in Cameron! Twenty bucks says he's in his car right now debating on whether or not to go out.” Cameron: [in his car] “He'll keep calling me. He'll keep calling me until I come over. He'll make me feel guilty. This is ridiculous, ok I'll go. I'll go. I'll go. I'll go. I'l ...
... Ferris: “I'm so disappointed in Cameron! Twenty bucks says he's in his car right now debating on whether or not to go out.” Cameron: [in his car] “He'll keep calling me. He'll keep calling me until I come over. He'll make me feel guilty. This is ridiculous, ok I'll go. I'll go. I'll go. I'll go. I'l ...
Financial Statement Analysis and Security Valuation
... The effective interest rate is the internal rate of return or yield to maturity at the time of issue. Under the effective interest rate method, the interest expense for a period is calculated as the effective interest rate times the bonds’ book value at the beginning of the period. Thus, under this ...
... The effective interest rate is the internal rate of return or yield to maturity at the time of issue. Under the effective interest rate method, the interest expense for a period is calculated as the effective interest rate times the bonds’ book value at the beginning of the period. Thus, under this ...
2016 DFAST Mid-Cycle Stress Test Disclosure
... to factors that stress its business model, strategy, firm-wide activities and risk exposures, including macroeconomic, market-wide and firm-specific events. – Citi identified events which would have a significant impact to its risk profile, with input from business and control function leaders. – Ci ...
... to factors that stress its business model, strategy, firm-wide activities and risk exposures, including macroeconomic, market-wide and firm-specific events. – Citi identified events which would have a significant impact to its risk profile, with input from business and control function leaders. – Ci ...
Dynamic Monitoring of Financial Intermediaries with Subordinated
... business cycle, etc. The idiosyncratic component is associated with the special characteristics of the security, such as embedded options, liquidity of the particular issue, etc, plus it will contain information about the state of riskness of the corporation. Our hypothesis is that within the idiosy ...
... business cycle, etc. The idiosyncratic component is associated with the special characteristics of the security, such as embedded options, liquidity of the particular issue, etc, plus it will contain information about the state of riskness of the corporation. Our hypothesis is that within the idiosy ...
Exit Strategies of Venture Capitalists in Hot Issue Markets: Evidence
... pivotal element on the political agenda in some countries. Recently, France increased the per centage that insurance companies can invest as venture capital (Handelsblatt, September 8, 2004, p. 19). The main reason for such a support is that first of all venture capitalists perform important functi ...
... pivotal element on the political agenda in some countries. Recently, France increased the per centage that insurance companies can invest as venture capital (Handelsblatt, September 8, 2004, p. 19). The main reason for such a support is that first of all venture capitalists perform important functi ...
ProShares Profile EMDV
... MSCI Emerging Markets. But why invest in the whole index if you can zero in on the companies with the longest history of dividend growth? Companies that consistently grow their dividends tend to be high-quality companies with the potential to withstand market turmoil and can still deliver strong ris ...
... MSCI Emerging Markets. But why invest in the whole index if you can zero in on the companies with the longest history of dividend growth? Companies that consistently grow their dividends tend to be high-quality companies with the potential to withstand market turmoil and can still deliver strong ris ...
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.