Bermuda Monetary Authority (Collective Investment Scheme
... (2) At any time after receiving the application and before
making its determination, the Authority may require the applicant to
provide it with additional information.
(3) The requirements of paragraphs (1) and (2) may differ as
between different applications.
(4) The Authority may grant an approval ...
Management Fee Evaluation
... should serve as the foundation for their review of the organizational, operational and strategic issues involved with
any potential change in control of Janus Capital, the investment adviser to the Funds. These basic principles were
communicated to Janus Capital on September 27, 2016, and were inten ...
... needs, project and export finance business will be separated from Structured
Finance Department and a new Project & Export Finance Department will be
established to manage the business. In addition, with the aim of further enhancing
our capability to capture and support projects in environmental, na ...
Firm boundaries and buyer-supplier match in market transaction: IT
... market transaction for software when firms produce DP in-house. This allows us to consider how the
suppliers’ strategy in entering the market for both complete and semi-complete products may interact with
firms’ degree of outsourcing.
Finally, as compared to the existing studies on the effect of mar ...
Net Present Value is better than Internal Rate of Return Asma Arshad
... From the project’s NPV and IRR it is cleared that NPV is better than IRR and investor will choose vineyard project
with more NPV. Thus it’s cleared that for mutually exclusive project NPV is used to determine the profitability
(Gallagher & Andrew, 2007). In another case it was shown that both NPV an ...
The Choice between Non-Callable and Callable Bonds
... In recent years, many observers note that the popularity of callable bonds is declining.
For example, Kalotay (2008) and Banko and Zhou (2010) observe that the portion of callable
bonds have been declining over the last 20 years and their popularity has shifted towards the
below investment grade seg ...
`Fong Kong` Finance
... schemes are aware, at least after the fact, of their dubious legal nature and that the money they had
‘made’ (really the money of other investors) could be taken from them by the state.
Victims’ discourses about their participation in these schemes were structured along other lines as well.
Most imp ...
Retirement Date Fund
... All you have to do is choose the fund that most closely matches the year you expect to retire from
the Florida Retirement System (FRS) Investment Plan. Diversification, asset allocation, and account
rebalancing are all done for you.
Each Retirement Date Fund is a diversified portfolio of other Inves ...
In this Rule - ACT Legislation Register
... Notional Dividend means in relation to an All-Up Parlay Bets the amount of
winnings accumulated following a successful Selection which is ultimately re-bet
upon the person’s Selection in the next Event of the nominated series of All-Up
Parlay Bets until the series is concluded.
No Race means an Even ...
dollar cost averaging - the role of cognitive error
... rate, DCA limits choice in the short term, which may reduce regret and protect investors from
their tendency to base investment decisions on naïve extrapolation of recent price trends.
However, subsequent papers have found that prospect theory is not a satisfactory
explanation. Leggio and Lien (200 ...
Do Smooth Earnings Lower Investors` Perceptions of Investment Risk?
... The accounting literature has long debated whether smooth earnings lower investors’
perceptions of investment risk. Reviews of the early archival literature concerning smooth
earnings suggest a negative relation between smooth earnings and investors’ perceptions of a
firm’s investment risk (Ronen an ...
The Performance of Individual Investors in Structured Financial
... poor selection abilities in structured products are mirrored in their stock choices,
leading to significant underperformance for their DAX stock portfolios, both in gross
and net terms. This latter result provides further support for the evidence provided by
previous studies such as Odean (1999), Ba ...
Quid pro quo? What factors influence IPO allocations to
... A benign interpretation sees underpricing as an equilibrium phenomenon. Given the
asymmetry of information about the valuation of companies, investment banks
reward investors who reveal useful pricing information by making preferential
allocations of underpriced shares to them (Benveniste and Spindt ...
Read full article - Harvard International Law Journal
... bans on chemical products sold to consumers.12
In this Article, I argue that we can usefully analogize the emerging IIL
system to a domestic-law administrative agency in which significant policymaking authority is transferred from political organs to expert decisionmakers who are charged to act in i ...
The European Commission`s Push to Consolidate and Expand ISDS
... tribunals that resolve disputes concerning the legality of sovereign conduct. ISDS does not
incorporate these safeguards, allowing instead for:
(a) case-by-case appointment of adjudicators;
(b) case-by-case (i.e. for-profit) payment of adjudicators;
(c) executive control over default case assignment ...
Drafting MFN Clause in Investment Chapter of Trans
... successfully reach an importation compare to other BITs and FTAs. The NAFTA practice
offered some important experience. The States could use the reservations in treaty
provisions, annex and protocols to limit the application of the MFN. Moreover, using
footnote or other documents to record the commo ...
Another student`s SHAD experience
... My journey to get into SHAD wasn't the cleanest or perfect in any way. When I was applying to SHAD, I
knew I had very little chance of getting into the program. I withheld a 87% average, with all my STEM
courses being lower than my average. For extracurriculars, I had nothing in terms of athleti ...
The Impact of Leverage on Hedge Fund Performance
... Leverage plays a central role in hedge fund management, and likely affects the level of
performance and assets under management. Approximately 50% of hedge funds use leverage as
of April 2016 while other managed funds such as mutual funds and exchange-traded funds are not
permitted to take high leve ...
... solved to answer the two questions posed at the beginning of this paper. These problems are:
Portfolio Comparisons. - Artex Component System
... B. Diversified Portfolio.
In addition, the following results now appear with this new investment
The investor now has:
More options than just buying stocks
A better chance of profiting in more investment sectors
A better long term success strategy because of…
…much less of a chance of ...
FAQs by Issuers
... in relation to other listed equity securities in India. A CRISIL IPO Grading is neither an audit of the issuer by CRISIL nor is it a credit
rating. Every CRISIL IPO Grading is based on the information provided by the issuer or obtained by CRISIL from sources it considers
reliable. CRISIL does not gu ...
Macroeconomic Research Brazil Economic Activity
... prohibited or restricted by any legislation or regulation in any jurisdiction from making it available to you. You
should satisfy yourself before reading it that BTG Pactual is permitted to provide research material concerning
investments to you under relevant legislation and regulations. Nothing in ...
2015 Preqin Sovereign Wealth Fund Review: Exclusive Extract
... and clearly documented for each asset class, which is in line
with the overall mission of the fund. This objective is complicated
by the short-term reporting requirements and stakeholder
Private and alternatives markets tend to be more opaque in
their activities, experience a large dispe ...
Environmental, social and corporate governance
Environmental, social and governance (ESG) refers to the three main areas of concern that have developedTemplate:When? as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become knownTemplate:By whom? as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.