to Official Notice - The Stock Exchange of Mauritius
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
... (ii) the listing of up to 425,342,317 ordinary shares of BLL on the Official Market of the Stock Exchange of Mauritius Ltd following the above amalgamation, which will involve the migration of BLL from the DEM to the Official Market and consequently, the withdrawal of BLL from the DEM. 2. Suspension ...
Past and Present High-Risk Investments by States and Localities
... Measures to quantify states’ exposure to pension risks must be developed before the distribution of pension risks is analyzed. The assets and liabilities of defined benefit plans evolve over the course of the fiscal year as fund assets earn investment returns and government agencies hire new workers ...
... Measures to quantify states’ exposure to pension risks must be developed before the distribution of pension risks is analyzed. The assets and liabilities of defined benefit plans evolve over the course of the fiscal year as fund assets earn investment returns and government agencies hire new workers ...
press release
... significant volume of refinancing swaps, maturity extensions and other amendments. In our view, high yield bond take-outs of institutional loans represented a key driver of loan performance during the second quarter. During Q2 2009, 10 obligors issued a total of $5.6 billion of bonds and used those ...
... significant volume of refinancing swaps, maturity extensions and other amendments. In our view, high yield bond take-outs of institutional loans represented a key driver of loan performance during the second quarter. During Q2 2009, 10 obligors issued a total of $5.6 billion of bonds and used those ...
Morningstar® Investor Return™ Methodology
... fund is missing its most recent TNA; or if the fund is missing TNA near its inception date and those dates overlap with the time period for the return. Investor returns are not calculated for ETFs, ETNs or for open-end funds that have experienced a recent merger (merger within past 12 months). 2. Wh ...
... fund is missing its most recent TNA; or if the fund is missing TNA near its inception date and those dates overlap with the time period for the return. Investor returns are not calculated for ETFs, ETNs or for open-end funds that have experienced a recent merger (merger within past 12 months). 2. Wh ...
AIC guidance on the requirements of the Listing Rules August 2008
... Where gearing is concerned, the company will need to take into account market volatility, and any other activities that affect the company’s gearing, such as share buy-backs, when setting a maximum exposure which provides sufficient headroom to avoid breaching this maximum exposure. Where asset allo ...
... Where gearing is concerned, the company will need to take into account market volatility, and any other activities that affect the company’s gearing, such as share buy-backs, when setting a maximum exposure which provides sufficient headroom to avoid breaching this maximum exposure. Where asset allo ...
NBER WORKING PAPER SERIES THE LIMITS OF FINANCIAL GLOBALIZATION René M. Stulz
... they are entrenched and can more easily take advantage of atomistic shareholders. In contrast, controlling shareholders who are also managers have weaker incentives to consume private benefits than do professional managers, but far greater incentives to take actions that decrease expropriation by th ...
... they are entrenched and can more easily take advantage of atomistic shareholders. In contrast, controlling shareholders who are also managers have weaker incentives to consume private benefits than do professional managers, but far greater incentives to take actions that decrease expropriation by th ...
The impact of land supply on prices: A sub
... integrated in the long run and Granger causality runs from house prices into the land market. They determined that price movements in the land market do not move into house prices in the short term. If such a relationship held true in the Perth metropolitan market we would expect short term increase ...
... integrated in the long run and Granger causality runs from house prices into the land market. They determined that price movements in the land market do not move into house prices in the short term. If such a relationship held true in the Perth metropolitan market we would expect short term increase ...
The Information Content of the NCREIF Index
... commercial real estate markets, however, largely remains a puzzle. The returns of both unsecuritized and securitized equity real estate markets are largely driven by cash flows or rents from fixed rent and relatively long-term leases (e.g. five years or longer). Intuition suggests that the same fund ...
... commercial real estate markets, however, largely remains a puzzle. The returns of both unsecuritized and securitized equity real estate markets are largely driven by cash flows or rents from fixed rent and relatively long-term leases (e.g. five years or longer). Intuition suggests that the same fund ...
Firms` capital structure decisions and product market
... competition will be intense among firms to capture those opportunities. On the other hand, in the product market where there is no valuable investment opportunity (no positive NPV project), firms are not motivated to engage in competition. Because the cash flow from the new positive NPV investment r ...
... competition will be intense among firms to capture those opportunities. On the other hand, in the product market where there is no valuable investment opportunity (no positive NPV project), firms are not motivated to engage in competition. Because the cash flow from the new positive NPV investment r ...
Dynamic Volatility Targeting
... 1963).3 Assuming that greater wealth leads to greater risk tolerance, the magnitude of potential losses which accompany greater wealth is offset by potentially higher risk tolerance—as negative returns over longer horizons are less likely. ...
... 1963).3 Assuming that greater wealth leads to greater risk tolerance, the magnitude of potential losses which accompany greater wealth is offset by potentially higher risk tolerance—as negative returns over longer horizons are less likely. ...
DOC - Investor Relations
... and are unaudited. In the opinion of management, all adjustments (consisting solely of normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows for all periods presented have been made. The results for the three months ended March 31, 201 ...
... and are unaudited. In the opinion of management, all adjustments (consisting solely of normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows for all periods presented have been made. The results for the three months ended March 31, 201 ...
Interacting Limit Order Demand and Supply Curves
... product markets, demand elasticity depends on factors such as consumer preferences; while supply elasticity depends on factors such as production technologies and market power. In contrast, at least in the short-run, stock markets resemble a pure exchange economy: buyers become sellers and vice-vers ...
... product markets, demand elasticity depends on factors such as consumer preferences; while supply elasticity depends on factors such as production technologies and market power. In contrast, at least in the short-run, stock markets resemble a pure exchange economy: buyers become sellers and vice-vers ...
The Relationship between Subjective and
... measures. However, the available evidence is confined to samples derived within the United States, and with one exception, confined to manufacturing firms. Also, the degree of correlation varies considerably across these studies. As subjective performance measures are popular, and the basis for subs ...
... measures. However, the available evidence is confined to samples derived within the United States, and with one exception, confined to manufacturing firms. Also, the degree of correlation varies considerably across these studies. As subjective performance measures are popular, and the basis for subs ...
NBER WORKING PAPER SERIES INTERGENERATIONAL REDISTRIBUTION IN THE GREAT RECESSION Andrew Glover
... whether young people might actually be better off if they become economically active in the midst of a large and persistent economic downturn. The answer to this question crucially depends on the size of the decline in equilibrium asset prices, relative to the decline in income, in response to a ne ...
... whether young people might actually be better off if they become economically active in the midst of a large and persistent economic downturn. The answer to this question crucially depends on the size of the decline in equilibrium asset prices, relative to the decline in income, in response to a ne ...
Measuring and Modeling Execution Cost and Risk
... however, are disconnected from transaction costs faced in practice since they neglect any notion of risk. Specifically, a buy order could be filled by submitting a market order and paying a price near the ask. Alternatively, the order could be submitted as a limit order and either execute at a bette ...
... however, are disconnected from transaction costs faced in practice since they neglect any notion of risk. Specifically, a buy order could be filled by submitting a market order and paying a price near the ask. Alternatively, the order could be submitted as a limit order and either execute at a bette ...
Weekly FX Insight - Citibank Hong Kong
... Since weak EUR may be one of the major ECB's objectives and the ECB may implement additional easing, Citi analysts expect the EUR may consolidate at 1.15 for the coming 0-3 months and may drop to 1.10 in the medium and long term and parity may be approached in the coming two years. GBP could be supp ...
... Since weak EUR may be one of the major ECB's objectives and the ECB may implement additional easing, Citi analysts expect the EUR may consolidate at 1.15 for the coming 0-3 months and may drop to 1.10 in the medium and long term and parity may be approached in the coming two years. GBP could be supp ...
stronger - Merck KGaA
... of risks and uncertainties, many of which are beyond control of Merck KGaA, Darmstadt, Germany, which could cause actual results to differ materially from such statements. Risks and uncertainties include, but are not limited to: the risks of more restrictive regulatory requirements regarding drug pr ...
... of risks and uncertainties, many of which are beyond control of Merck KGaA, Darmstadt, Germany, which could cause actual results to differ materially from such statements. Risks and uncertainties include, but are not limited to: the risks of more restrictive regulatory requirements regarding drug pr ...
fund fact sheet user`s guide
... Expense Ratio The net and gross expenses shown include the total operating expenses of the funds and the indirect expenses of the funds’ underlying portfolios. Your investment returns are reduced by various fees and expenses. For each plan investment option, the “Expense Ratio” presentation shows th ...
... Expense Ratio The net and gross expenses shown include the total operating expenses of the funds and the indirect expenses of the funds’ underlying portfolios. Your investment returns are reduced by various fees and expenses. For each plan investment option, the “Expense Ratio” presentation shows th ...
NBER WORKING PAPER SERIES WHAT DOES FUTURES
... US demand could go long currency futures. Financial firms and insurance companies that anticipate expansion of their balance sheets could enter bond and stock market futures to hedge interest rate and equity risk. In all of these examples, anticipation of higher economic activity leads to higher hedg ...
... US demand could go long currency futures. Financial firms and insurance companies that anticipate expansion of their balance sheets could enter bond and stock market futures to hedge interest rate and equity risk. In all of these examples, anticipation of higher economic activity leads to higher hedg ...
Lazard Emerging Markets Debt
... It should be noted that emerging markets debt registered a markto-market correction last year of more than 6% before clawing its way to recovery one quarter later. Currently, we are most concerned that the market is underpricing the Fed’s intention to hike policy rates in 2018. As of quarter-end, fe ...
... It should be noted that emerging markets debt registered a markto-market correction last year of more than 6% before clawing its way to recovery one quarter later. Currently, we are most concerned that the market is underpricing the Fed’s intention to hike policy rates in 2018. As of quarter-end, fe ...