THE IMPACT OF MINIMUM INVESTMENT BARRIERS ON SHORT END OF PERFORMANCE?
... In light of the issues dealing with poor management, the topic of minimum investment level becomes a very important one. In particular as it relates to retail investors who are less likely to possess the monetary flexibility required to access funds with higher minimum investment barriers and less ...
... In light of the issues dealing with poor management, the topic of minimum investment level becomes a very important one. In particular as it relates to retail investors who are less likely to possess the monetary flexibility required to access funds with higher minimum investment barriers and less ...
Term of reference – Need analysis RIS Latvia
... The proof of concept stage represents innovative, technology and knowledge intensive research results encompassing high (often unpredictable) commercialisation risk because no industrial prototype, market potential assessment and other pre-requisites for successful business development are at place ...
... The proof of concept stage represents innovative, technology and knowledge intensive research results encompassing high (often unpredictable) commercialisation risk because no industrial prototype, market potential assessment and other pre-requisites for successful business development are at place ...
Determinants of Capital Structure: Evidence from a Major
... determinants, a first in the capital structure literature on developing economies. Our findings indicate that each of the four broad types of leverage determinants does indeed play an economically important role in shaping the capital structure decisions of Turkish non-financial firms during our sam ...
... determinants, a first in the capital structure literature on developing economies. Our findings indicate that each of the four broad types of leverage determinants does indeed play an economically important role in shaping the capital structure decisions of Turkish non-financial firms during our sam ...
CITIGROUP`S 2007 ANNUAL REPORT ON FORM 10-K
... As a worldwide business, Citigroup’s financial results are closely tied to the global economic environment. There is a risk of a U.S. and/or global downturn in 2008. A U.S-led economic downturn could negatively impact other markets and economies around the world and could restrict the Company’s grow ...
... As a worldwide business, Citigroup’s financial results are closely tied to the global economic environment. There is a risk of a U.S. and/or global downturn in 2008. A U.S-led economic downturn could negatively impact other markets and economies around the world and could restrict the Company’s grow ...
Fidelity Retirement Master Trust
... the Trustee before the dealing cut-off time above is still being processed on the annual date of de-risking in respect of such Member, the annual de-risking will be deferred until the completion of the switching instruction and the de-risking in respect of the remaining accrued benefits invested in ...
... the Trustee before the dealing cut-off time above is still being processed on the annual date of de-risking in respect of such Member, the annual de-risking will be deferred until the completion of the switching instruction and the de-risking in respect of the remaining accrued benefits invested in ...
Retirement Plan Enrollment Booklet
... You should carefully consider the investment objectives, risks, charges and expenses of the investment options offered under the retirement plan before investing. Smallcompany (small cap) investing involves specific risks not necessarily encountered in large-company investing, such as increased vola ...
... You should carefully consider the investment objectives, risks, charges and expenses of the investment options offered under the retirement plan before investing. Smallcompany (small cap) investing involves specific risks not necessarily encountered in large-company investing, such as increased vola ...
FORM 10-Q - Piedmont Office Realty Trust, Inc.
... certain joint ventures with real estate limited partnerships sponsored by its former advisor, and through certain joint ventures with other third parties. References to Piedmont herein shall include Piedmont and all of its subsidiaries, including Piedmont OP, its subsidiaries, and consolidated joint ...
... certain joint ventures with real estate limited partnerships sponsored by its former advisor, and through certain joint ventures with other third parties. References to Piedmont herein shall include Piedmont and all of its subsidiaries, including Piedmont OP, its subsidiaries, and consolidated joint ...
Bright Directions 529 College Savings Program
... This Program Disclosure Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation, or sale. Accounts in the Illinois Colle ...
... This Program Disclosure Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation, or sale. Accounts in the Illinois Colle ...
Measuring Swedish Investor Sentiment Stock Market Response to
... Using six proxy variables for investor sentiment previously employed in investor sentiment research, we construct a composite sentiment index controlled for macroeconomic indicators. We then use standard earnings response methodology, and test whether the earnings response coefficient is significant ...
... Using six proxy variables for investor sentiment previously employed in investor sentiment research, we construct a composite sentiment index controlled for macroeconomic indicators. We then use standard earnings response methodology, and test whether the earnings response coefficient is significant ...
Funding Liquidity, Market Liquidity and the Cross-Section
... underlying assets (Amihud, 2002; Drechsler and Drechsler, 2014). Intermediation frictions play an important role in either of these cases and, to the extent that these span variations in ∆F L, reflect conditions in the funding markets. In addition, this choice of spanning assets is close in spirit t ...
... underlying assets (Amihud, 2002; Drechsler and Drechsler, 2014). Intermediation frictions play an important role in either of these cases and, to the extent that these span variations in ∆F L, reflect conditions in the funding markets. In addition, this choice of spanning assets is close in spirit t ...
The Time-Varying Liquidity Risk of Value and Growth Stocks
... knowledge of the professional environment and has therefore focused its research on themes that satisfy the needs of professionals. ...
... knowledge of the professional environment and has therefore focused its research on themes that satisfy the needs of professionals. ...
Market Power, Toeholds and the Takeover Premium
... 2.4.2. Determinants of the takeover premium The focus of this study is the initial offer premium. Therefore, when considering the determinants of the takeover premium it is important to ensure that information about the determinants is likely to be known prior to announcement. 3 In this context, th ...
... 2.4.2. Determinants of the takeover premium The focus of this study is the initial offer premium. Therefore, when considering the determinants of the takeover premium it is important to ensure that information about the determinants is likely to be known prior to announcement. 3 In this context, th ...
Methodology And Assumptions: Liquidity
... to meet the ratio test for A/B and at least four of the other supportive characteristics listed below. Few companies qualify for this category. The first three characteristics reference quantitative measures that apply in most industries. In exceptionally stable or volatile industries, however, the ...
... to meet the ratio test for A/B and at least four of the other supportive characteristics listed below. Few companies qualify for this category. The first three characteristics reference quantitative measures that apply in most industries. In exceptionally stable or volatile industries, however, the ...
1 - Eng_SOMMARIO BILANCIO
... amortization of intangible assets due to the allocation of the differences between PSC's purchase price and net equity (€1,226 thousand gross of taxes); ...
... amortization of intangible assets due to the allocation of the differences between PSC's purchase price and net equity (€1,226 thousand gross of taxes); ...
File - Amy Toman e
... company. These ratios help to give understanding to the relationships between financial statements. They also provide historical information, internal strengths and weaknesses, and can be used by investors to compare companies (www.smallbuisness.chron.com). In many ways, the financial ratios are the ...
... company. These ratios help to give understanding to the relationships between financial statements. They also provide historical information, internal strengths and weaknesses, and can be used by investors to compare companies (www.smallbuisness.chron.com). In many ways, the financial ratios are the ...
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C.
... After the merger with Southdown, CEMEX will have annualized combined sales in excess of US$6.3 billion pro forma as of June 30th 2000. "As we indicated to our shareholders last March, we have been looking at many alternatives for enhancing value and adding to the challenge of effectively participati ...
... After the merger with Southdown, CEMEX will have annualized combined sales in excess of US$6.3 billion pro forma as of June 30th 2000. "As we indicated to our shareholders last March, we have been looking at many alternatives for enhancing value and adding to the challenge of effectively participati ...
Nuveen Build America Bond Fund
... capital appreciation does not occur or is less than these hedging costs, however, the Fund’s total returns can be expected to be less than the Fund’s net earnings (and, over time, distributions). The Fund may employ the following leverage instruments: (a) borrowings, including loans from certain fin ...
... capital appreciation does not occur or is less than these hedging costs, however, the Fund’s total returns can be expected to be less than the Fund’s net earnings (and, over time, distributions). The Fund may employ the following leverage instruments: (a) borrowings, including loans from certain fin ...
Unlocking SME finance through market-based debt
... effects of such malfunctioning are particularly felt by small and medium-sized enterprises (SMEs), especially in Europe. Being heavily reliant on traditional bank lending, SMEs are faced with important financing constraints in an environment characterised by widespread bank deleveraging. As credit s ...
... effects of such malfunctioning are particularly felt by small and medium-sized enterprises (SMEs), especially in Europe. Being heavily reliant on traditional bank lending, SMEs are faced with important financing constraints in an environment characterised by widespread bank deleveraging. As credit s ...
European Fixed Interest - Invesco Global Product Range
... Source: Invesco Perpetual as at 31 March 2017. Figures may not sum due to rounding. 1US$ denominated fund – Exchange rate used was 1.0696. 2GBP denominated fund – Exchange rate used was 1.1691. There may be differences in fee structures, in minimum investment amounts, etc. 3Whilst the Prospectus all ...
... Source: Invesco Perpetual as at 31 March 2017. Figures may not sum due to rounding. 1US$ denominated fund – Exchange rate used was 1.0696. 2GBP denominated fund – Exchange rate used was 1.1691. There may be differences in fee structures, in minimum investment amounts, etc. 3Whilst the Prospectus all ...
Market Consistent Embedded Value Report 2015
... The positive development in the shareholders’ economic value of the life in-force business was primarily based on the following factors: ‒ The overall more favorable economic conditions end of 2015 compared to end of 2014, including higher interest rates and lower credit spreads in Europe, as well a ...
... The positive development in the shareholders’ economic value of the life in-force business was primarily based on the following factors: ‒ The overall more favorable economic conditions end of 2015 compared to end of 2014, including higher interest rates and lower credit spreads in Europe, as well a ...
Real Estate Advisory Services
... assessment and discussion of strategic options lead to the following conclusions: Established real estate service firms that have a nation-based competitive advantage in this industry and who operate in mature domestic markets can increase their overall profit margins by exporting services that abro ...
... assessment and discussion of strategic options lead to the following conclusions: Established real estate service firms that have a nation-based competitive advantage in this industry and who operate in mature domestic markets can increase their overall profit margins by exporting services that abro ...
Private equity secondary market
In finance, the private equity secondary market (also often called private equity secondaries or secondaries) refers to the buying and selling of pre-existing investor commitments to private equity and other alternative investment funds. Given the absence of established trading markets for these interests, the transfer of interests in private equity funds as well as hedge funds can be more complex and labor-intensive.Sellers of private equity investments sell not only the investments in the fund but also their remaining unfunded commitments to the funds. By its nature, the private equity asset class is illiquid, intended to be a long-term investment for buy-and-hold investors, including ""pension funds, endowments and wealthy families selling off their private equity funds before the pools have sold off all their assets."" For the vast majority of private equity investments, there is no listed public market; however, there is a robust and maturing secondary market available for sellers of private equity assets.Buyers seek to acquire private equity interests in the secondary market for multiple reasons. For example, the duration of the investment may be much shorter than an investment in the private equity fund initially. Likewise, the buyer may be able to acquire these interests at an attractive price. Finally, the buyer can evaluate the fund's holdings before deciding to purchase an interest in the fund. Conversely, sellers may seek to sell interest for various reasons, including the need to raise capital, the desire to avoid future capital calls, the need to reduce an over-allocation to the asset class or for regulatory reasons.Driven by strong demand for private equity exposure over the past decade, a significant amount of capital has been committed to secondary market funds from investors looking to increase and diversify their private equity exposure.