BASE PROSPECTUS Dated 9 September 2016 NOMURA BANK
... W&C Securities, and W&C Securities together with N&C Securities, Securities). Securities of any kind may be issued as Exempt Securities including but not limited to Securities relating to a specified index or a basket of indices (Index Linked Securities), a specified share or a basket of shares, a s ...
... W&C Securities, and W&C Securities together with N&C Securities, Securities). Securities of any kind may be issued as Exempt Securities including but not limited to Securities relating to a specified index or a basket of indices (Index Linked Securities), a specified share or a basket of shares, a s ...
GAM Star Fund plc
... the relevant Calculation Period. As a result, Performance Fees may be paid on unrealised gains which may subsequently never be realised.” ...
... the relevant Calculation Period. As a result, Performance Fees may be paid on unrealised gains which may subsequently never be realised.” ...
Janus Capital Funds Plc Prospectus
... that the respective objectives of the Funds will be achieved and that the value of the Shares of any Fund, and the income earned on such Shares, may fall as well as rise. An investment in the Funds should not constitute a substantial proportion of an investment portfolio and may not be appropriate f ...
... that the respective objectives of the Funds will be achieved and that the value of the Shares of any Fund, and the income earned on such Shares, may fall as well as rise. An investment in the Funds should not constitute a substantial proportion of an investment portfolio and may not be appropriate f ...
Overview of Investment Management Fees
... – Strategies that involve fundamental research require bigger staffs versus quantitative or modeldriven strategies. – Strategies may have higher implicit and explicit costs versus others (i.e., external research, larger broker/dealer spreads (e.g., EMD), high legal costs (e.g., high yield bonds), et ...
... – Strategies that involve fundamental research require bigger staffs versus quantitative or modeldriven strategies. – Strategies may have higher implicit and explicit costs versus others (i.e., external research, larger broker/dealer spreads (e.g., EMD), high legal costs (e.g., high yield bonds), et ...
Credit Suisse AG Credit Suisse International
... are linked (if any), the applicable "Product Conditions" and/or the applicable "Asset Terms". The relevant Final Terms shall not replace or modify the "General Terms and Conditions", the "Product Conditions" and the "Asset Terms". In addition, if required under the Prospectus Directive, an issue-spe ...
... are linked (if any), the applicable "Product Conditions" and/or the applicable "Asset Terms". The relevant Final Terms shall not replace or modify the "General Terms and Conditions", the "Product Conditions" and the "Asset Terms". In addition, if required under the Prospectus Directive, an issue-spe ...
Essays on the Forecasting Power of Implied Volatility
... In theory, if Black-Scholes is the correct option-pricing model, we should observe the same volatility for all European options with the same exercise price and time to maturity. But in reality, due to either Black-Scholes not being the correct model or to the existence of market frictions and meas ...
... In theory, if Black-Scholes is the correct option-pricing model, we should observe the same volatility for all European options with the same exercise price and time to maturity. But in reality, due to either Black-Scholes not being the correct model or to the existence of market frictions and meas ...
threadneedle investment funds icvc - Columbia Threadneedle Investments
... In addition to any direct charge for management fees within the funds, there would occur, in the absence of a rebate mechanism, an indirect charge for management fees in respect of investments in other Threadneedle funds. Any such target funds themselves bear a management fee, which reduces the valu ...
... In addition to any direct charge for management fees within the funds, there would occur, in the absence of a rebate mechanism, an indirect charge for management fees in respect of investments in other Threadneedle funds. Any such target funds themselves bear a management fee, which reduces the valu ...
LULD Plan 12th Amendment Plan Text (FINAL with markings)
... shall be calculated by applying the Percentage Parameter for such NMS Stock to the Reference Price, with the Lower Price Band being a Percentage Parameter below the Reference Price, and the Upper Price Band being a Percentage Parameter above the Reference Price. The Price Bands shall be calculated d ...
... shall be calculated by applying the Percentage Parameter for such NMS Stock to the Reference Price, with the Lower Price Band being a Percentage Parameter below the Reference Price, and the Upper Price Band being a Percentage Parameter above the Reference Price. The Price Bands shall be calculated d ...
exhibit 1 - New York Stock Exchange
... Lower Price Band and an Upper Price Band during Regular Trading Hours for such NMS Stock. The Price Bands shall be based on a Reference Price for each NMS Stock that equals the arithmetic mean price of Eligible Reported Transactions for the NMS stock over the immediately preceding five-minute period ...
... Lower Price Band and an Upper Price Band during Regular Trading Hours for such NMS Stock. The Price Bands shall be based on a Reference Price for each NMS Stock that equals the arithmetic mean price of Eligible Reported Transactions for the NMS stock over the immediately preceding five-minute period ...
The Kay Review of UK Equity Markets and Long–Term Decision
... The Bank of England’s Andrew Haldane has highlighted the sharp decline in average holding periods for UK equities since the mid-60s from a period of almost 8 years to just 7½ months in 2007, a trend that is reflected in the US and other international equity markets: FTSE Average Holding Periods 1966 ...
... The Bank of England’s Andrew Haldane has highlighted the sharp decline in average holding periods for UK equities since the mid-60s from a period of almost 8 years to just 7½ months in 2007, a trend that is reflected in the US and other international equity markets: FTSE Average Holding Periods 1966 ...
Timing the Treasury Bond Market
... Since the model uses indicators to decide in which security to invest, it uses patterns from historic data. Hence, the model performs a technical analysis to time the market. As opposed to fundamental analysis, which involves analyzing the intrinsic value of a company, technical analysis is the stud ...
... Since the model uses indicators to decide in which security to invest, it uses patterns from historic data. Hence, the model performs a technical analysis to time the market. As opposed to fundamental analysis, which involves analyzing the intrinsic value of a company, technical analysis is the stud ...
Pension Savings: The Real Return
... of their savings into capital market products (such as equities and bonds), but into “packaged products” (such as investment funds, life insurance contracts and pension savings products). One could then argue that insurance and pension products have similar returns to a mixed portfolio of equities a ...
... of their savings into capital market products (such as equities and bonds), but into “packaged products” (such as investment funds, life insurance contracts and pension savings products). One could then argue that insurance and pension products have similar returns to a mixed portfolio of equities a ...
INVESTEC BANK PLC - Investec Treasury Portal > UK
... "Issuer") may from time to time issue notes (the "Notes"), including Notes that are linked to the performance of one or more underlying assets (each an "Underlying"), being (i) a single share or a basket of shares (such Notes being the "Equity Linked Notes"), (ii) a single index or a basket of indic ...
... "Issuer") may from time to time issue notes (the "Notes"), including Notes that are linked to the performance of one or more underlying assets (each an "Underlying"), being (i) a single share or a basket of shares (such Notes being the "Equity Linked Notes"), (ii) a single index or a basket of indic ...
MSCI ID Sign In
... asset allocation, Section II examines alternative weighting schemes to determine the geographic asset allocation. While market cap weights are a natural starting point for several reasons, both theoretical and practical, alternative weighting schemes may be attractive for certain reasons. In particu ...
... asset allocation, Section II examines alternative weighting schemes to determine the geographic asset allocation. While market cap weights are a natural starting point for several reasons, both theoretical and practical, alternative weighting schemes may be attractive for certain reasons. In particu ...
Investment Policy Manual
... company or other entity or firm retained to manage a portion of the System’s assets under specified guidelines. An external manager may be engaged to invest in funds directly or may be engaged to hire other external investment managers operating as a fund-of-funds. Securities investment managers mus ...
... company or other entity or firm retained to manage a portion of the System’s assets under specified guidelines. An external manager may be engaged to invest in funds directly or may be engaged to hire other external investment managers operating as a fund-of-funds. Securities investment managers mus ...
Form N-30D HARTFORD LIFE INSURANCE CO
... We believe all of these sub-sectors benefit from aging demographics, technology breakthroughs, internet and information technology developments, and geographic expansion. Given future changes in absolute and relative price performance for stocks in the different sub-sectors, the Portfolio's weights ...
... We believe all of these sub-sectors benefit from aging demographics, technology breakthroughs, internet and information technology developments, and geographic expansion. Given future changes in absolute and relative price performance for stocks in the different sub-sectors, the Portfolio's weights ...
Morningstar Guide
... earnings yields of all the domestic stocks in the fund’s portfolio as of the date of the portfolio. A stock’s prospective earnings yield is calculated by dividing the company’s estimated earnings per share for the current fiscal year by the company’s month-end share price as of the portfolio date. I ...
... earnings yields of all the domestic stocks in the fund’s portfolio as of the date of the portfolio. A stock’s prospective earnings yield is calculated by dividing the company’s estimated earnings per share for the current fiscal year by the company’s month-end share price as of the portfolio date. I ...
Griffin Institutional Access Real Estate Fund
... Under normal circumstances, at least 80% of the Fund’s net assets plus borrowings for investment purposes will be invested in real estate securities (as defined below). The Fund executes its investment strategy primarily by seeking to invest in a broad portfolio of real estate securities across two ...
... Under normal circumstances, at least 80% of the Fund’s net assets plus borrowings for investment purposes will be invested in real estate securities (as defined below). The Fund executes its investment strategy primarily by seeking to invest in a broad portfolio of real estate securities across two ...
IBERDROLA FINANCE IRELAND LIMITED IBERDROLA, S.A.
... Circular and the Final Terms for each Tranche of Notes issued under the Programme. To the best of the knowledge of the Issuer and the Guarantor (each having taken all reasonable care to ensure that such is the case) the information contained in this Offering Circular is in accordance with the facts ...
... Circular and the Final Terms for each Tranche of Notes issued under the Programme. To the best of the knowledge of the Issuer and the Guarantor (each having taken all reasonable care to ensure that such is the case) the information contained in this Offering Circular is in accordance with the facts ...
The Cross-Sectional Dispersion of Stock Returns, Alpha
... timing of their alpha-focused strategies. Because active risk increases by a greater amount than alpha, however, high return dispersion/high VIX periods are followed by slightly lower information ratio dispersion. Therefore, relative return investors who keep score in an information ratio framework ...
... timing of their alpha-focused strategies. Because active risk increases by a greater amount than alpha, however, high return dispersion/high VIX periods are followed by slightly lower information ratio dispersion. Therefore, relative return investors who keep score in an information ratio framework ...
Understanding Trading and Investment Warrants
... In the case of cash settled warrants, the difference between the exercise price (sometimes referred to as the exercise level) and the value of the underlying instrument at expiry is paid on settlement. ...
... In the case of cash settled warrants, the difference between the exercise price (sometimes referred to as the exercise level) and the value of the underlying instrument at expiry is paid on settlement. ...
IMPACT OF TIME VARYING DISTRIBUTIONAL PARAMETERS ON
... Main question of thesis is: what kind of impact the time varying distributional parameters do on portfolio performance? Main objectives of thesis are as following: To describe how time varying distributional parameters can be added while constructing the optimal portfolio; To analyze how these p ...
... Main question of thesis is: what kind of impact the time varying distributional parameters do on portfolio performance? Main objectives of thesis are as following: To describe how time varying distributional parameters can be added while constructing the optimal portfolio; To analyze how these p ...
Towards Efficient Benchmarks for Infrastructure Equity Investments
... management industry to better appreciate the financial economics and investment characteristics of underlying infrastructure investments, be they standalone projects or integrated utilities, we aim to contribute to improved investment vehicle design by intermediaries and to enhanced usage of infrast ...
... management industry to better appreciate the financial economics and investment characteristics of underlying infrastructure investments, be they standalone projects or integrated utilities, we aim to contribute to improved investment vehicle design by intermediaries and to enhanced usage of infrast ...
Understanding trading and investment warrants
... price (sometimes referred to as the exercise level) and the value of the underlying instrument at expiry is paid on settlement. The exercise price is generally fixed when the warrants are issued. However, the exercise price could be variable. For example the exercise price of self-funding instalment ...
... price (sometimes referred to as the exercise level) and the value of the underlying instrument at expiry is paid on settlement. The exercise price is generally fixed when the warrants are issued. However, the exercise price could be variable. For example the exercise price of self-funding instalment ...
How America Saves 2017 - Pressroom
... in the current year or prior years. The majority of these participants (82%) continued to preserve their plan assets for retirement by either remaining in their employer’s plan or rolling over their savings to an IRA or new employer plan. In terms of assets, 97% of all plan assets available for dist ...
... in the current year or prior years. The majority of these participants (82%) continued to preserve their plan assets for retirement by either remaining in their employer’s plan or rolling over their savings to an IRA or new employer plan. In terms of assets, 97% of all plan assets available for dist ...