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Focus your aim - JP Morgan Asset Management
Focus your aim - JP Morgan Asset Management

... *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 the returns of any individual product or portfol ...
NBER WORKING PAPER SERIES HOUSING DYNAMICS Edward L. Glaeser Joseph Gyourko
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Real Estate Investment Vehicles and Agency Theory
Real Estate Investment Vehicles and Agency Theory

... Following Jensen/Meckling an agency relationship exists when “one or more persons (the principal(s)) engage another person (the agent) to perform some service on their behalf which involves delegating some decision making authority to the agent.” If both parties maximize their own utility there is g ...
a comparison of basic and extended markowitz model on croatian
a comparison of basic and extended markowitz model on croatian

... Markowitz assumes that investors are rational and risk averse, meaning that they will always expect greater returns when investing in riskier assets.One of the main concepts of the classical Markowitz model is that a rational investor will always choose a portfolio lying on the efficient frontier, w ...
Industry and Sector Equity Premium with Economic Dynamics:  Keiichi Kubota
Industry and Sector Equity Premium with Economic Dynamics: Keiichi Kubota

Liquidity Risk and Asset Pricing
Liquidity Risk and Asset Pricing

... Findings on cost of liquidity provision ...
November 2016 - JOM Fund Management
November 2016 - JOM Fund Management

... Past performance is no guarantee for future returns. The Fund value may increase or decrease, and the investor may incur losses when redeeming his shares. Jakarta Composite Index (EUR) and MV Indonesia SmallCap Index (EUR) are price indices, which take dividends into account. Further details on JOM ...
What if crowdfunding becomes the leading source of finance for
What if crowdfunding becomes the leading source of finance for

... promises to be a big year for crowdfunding in terms of the role it may play in getting entrepreneurial ventures  off the ground. What might that world look like if it became the leading source of finance for companies  starting out? To that end, one has to better understand the phenomenon and its ra ...
Outlook Half Full
Outlook Half Full

... Since the trough of the global financial crisis, we have consistently emphasized US preeminence and maintained a strategic overweight to US equities relative to global market capitalization-weighted benchmarks. Tactically, we have had an overweight allocation to US equities and US high yield bonds ...
Managing Interest Rate Risk: Duration GAP and Economic
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... GAP examines various “time buckets” while Duration GAP represents the entire balance sheet. ...
Benchmarking a Transition Economy Capital Market
Benchmarking a Transition Economy Capital Market

... presents the work of Goldsmith (1969), by suggesting that financial development largely occurs during the early stages of economic development when incomes are relatively low and therefore, there is a strong correlation between growth and market development. By investigating the WSE at a relatively ...
Chapter 11
Chapter 11

... o Option to wait (call option) - waiting for favorable conditions or simply for some uncertainty to be resolved is a valuable option. Strategic options are possible future investments that may result from an investment under consideration today. Capital Rationing Capital budgeting rules are distorte ...
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del06 chinn 2778776 en

Toromont Announces Fourth Quarter 2013 Results
Toromont Announces Fourth Quarter 2013 Results

... in revenues. Bad debt expense increased $3.1 million on specific exposures and the general aging of accounts receivable. Mark-to-market expense on deferred share units increased $1.9 million, due to the increased share price. Compensation was $3.3 million (2%) lower in 2013 compared to 2012. Certain ...
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... What is Current Asset Management?  Cash Management  Ways to Improve Collections ...
NBER WORKING PAPER SERIES FINANCIAL DISTRESS IN THE GREAT DEPRESSION Sonali Hazarika
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... negative outcomes occurring due to debt bias. In a first stage analysis of debt bias effects, we quantify the amount of extra debt that firms use directly attributable to tax incentives, documenting a significant effect in the Depression (but none in the recent period). In a second stage, we do not ...
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... This research report has been prepared and issued by MLPF&S and/or one or more of its non-U.S. affiliates. MLPF&S is the distributor of this research report in the U.S. and accepts full responsibility for research reports of its non-U.S. affiliates distributed in the U.S. Any U.S. person receiving t ...
absolute return strategy sicav
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... president decided to extend his predecessor’s tax breaks and as a result the budget deficit for 2011 is likely to remain high. The Fed is also clearly still concerned as it decided to introduce a second round of quantitative easing (QE II) in early November: over the next few months, the Fed is goin ...
Measuring and marking counterparty risk
Measuring and marking counterparty risk

Market structures and systemic risks of exchange
Market structures and systemic risks of exchange

... This time, financial intermediaries have responded by adding some innovative features to existing plain vanilla investment funds. These investment funds, marketed under the name of exchange-traded funds (ETFs), have existed since the early 1990s as a cost- and taxefficient alternative to mutual fund ...
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PDF - Common Sense Economics

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INFORMATION TECHNOLOGY – SIM CLASS FINANCE 824
INFORMATION TECHNOLOGY – SIM CLASS FINANCE 824

... up of 811 companies. • Info Tech is the largest sector in the S+P 500 which comes out to 19.06% • Info Tech is 18.06% of SIM’s holding ...
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Stock selection criterion

Stock selection criteria are methods for selecting a stock for investment. The stock investment or position can be ""long"" (to benefit from a stock price increase) or ""short"" (to benefit from a decrease in a stock's price), depending on the investor's expectation of how the stock price is going to move. The stock selection criteria may include systematic stock picking methods that utilize computer software and/or data.
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