Vanguard Windsor Funds Statement of Additional Information
... Restrictions on Holding or Disposing of Shares. There are no restrictions on the right of shareholders to retain or dispose of a Fund’s shares, other than those described in the Fund’s current prospectus and elsewhere in this Statement of Additional Information. Each Fund or class may be terminated ...
... Restrictions on Holding or Disposing of Shares. There are no restrictions on the right of shareholders to retain or dispose of a Fund’s shares, other than those described in the Fund’s current prospectus and elsewhere in this Statement of Additional Information. Each Fund or class may be terminated ...
The Role of Organizational Structure
... interdependencies. Dessein and Santos (2006) study the trade-off between ex ante coordination, through rules, and ex post coordination, through communication. Cremer et al., (2007) study the limits to firm scope due to the loss of specificity in organizational languages as firm scope grows. To study ...
... interdependencies. Dessein and Santos (2006) study the trade-off between ex ante coordination, through rules, and ex post coordination, through communication. Cremer et al., (2007) study the limits to firm scope due to the loss of specificity in organizational languages as firm scope grows. To study ...
Cash, Cash Equivalents, and Investments
... 4.5 RECLASSIFICATION OF NET CASH BALANCE FROM SHORT-TERM INVESTMENTS With the implementation of RMP, campuses are required to record all operating and investment activities within FIRMS object code 101100-Cash/Short-Term Investments (SWIFT), which is mapped to short-term investments on a GAAP basis. ...
... 4.5 RECLASSIFICATION OF NET CASH BALANCE FROM SHORT-TERM INVESTMENTS With the implementation of RMP, campuses are required to record all operating and investment activities within FIRMS object code 101100-Cash/Short-Term Investments (SWIFT), which is mapped to short-term investments on a GAAP basis. ...
Guide to Sound Practices for Hedge Fund Administrators
... There has been an increased development of new financial instruments, more complex fund structures and a shift in the source of assets away from private investors and toward institutional investors, including pension funds. Increasingly, hedge fund investors seek weekly and daily net asset value (“N ...
... There has been an increased development of new financial instruments, more complex fund structures and a shift in the source of assets away from private investors and toward institutional investors, including pension funds. Increasingly, hedge fund investors seek weekly and daily net asset value (“N ...
Government Money Fund (formerly T. Rowe Price Prime Reserve
... securities they can hold. There have been a very small number of money funds in other fund complexes that have “broken the buck,” which means that those funds’ investors did not receive $1.00 per share for their investment in those funds. The potential for realizing a loss of principal in the fund c ...
... securities they can hold. There have been a very small number of money funds in other fund complexes that have “broken the buck,” which means that those funds’ investors did not receive $1.00 per share for their investment in those funds. The potential for realizing a loss of principal in the fund c ...
Financial Statement Analysis and Security Valuation
... Amortized cost is based on the historical cost measurement rule and avoids manipulation in the financial statements. But historical cost does not capture any change in value since acquisition. Market prices give the change in value since acquisition. But (fair) market values can be biased if market ...
... Amortized cost is based on the historical cost measurement rule and avoids manipulation in the financial statements. But historical cost does not capture any change in value since acquisition. Market prices give the change in value since acquisition. But (fair) market values can be biased if market ...
Private Equity Institutional Investor Trends for
... Proven, top quartile managers can be difficult to access, and since funds typically come to market every three to five years, many investors feel compelled to commit to these managers when they are available and open. Pension plans are more likely to target funds that will provide them access ...
... Proven, top quartile managers can be difficult to access, and since funds typically come to market every three to five years, many investors feel compelled to commit to these managers when they are available and open. Pension plans are more likely to target funds that will provide them access ...
Heartland Group, Inc.
... UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCEHDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act File number: 811-04982 ...
... UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCEHDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act File number: 811-04982 ...
The Information Content of Options Trading
... show that capital flows from foreign investors (say, US investors) had a positive correlation with host-country stock returns. In this paper, we directly examine the ways in which foreign investor flows have an impact on prices. To the best of our knowledge, this study represents the first of its ki ...
... show that capital flows from foreign investors (say, US investors) had a positive correlation with host-country stock returns. In this paper, we directly examine the ways in which foreign investor flows have an impact on prices. To the best of our knowledge, this study represents the first of its ki ...
Corporate Sustainability: First Evidence on Materiality
... hand-mapping sustainability investments classified as material for each industry into firm-specific sustainability ratings. This allows us to present new evidence on the value implications of sustainability investments. Using both calendar-time portfolio stock return regressions and firm-level panel ...
... hand-mapping sustainability investments classified as material for each industry into firm-specific sustainability ratings. This allows us to present new evidence on the value implications of sustainability investments. Using both calendar-time portfolio stock return regressions and firm-level panel ...
LPL Financial Security Site
... Indices are unmanaged index and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. Past performance is no guarantee of future results. Because of their narrow focus, spec ...
... Indices are unmanaged index and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. Past performance is no guarantee of future results. Because of their narrow focus, spec ...
Outlook 2017 > Gauging Market Milestones
... Indices are unmanaged index and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. Past performance is no guarantee of future results. Because of their narrow focus, spec ...
... Indices are unmanaged index and cannot be invested into directly. Unmanaged index returns do not reflect fees, expenses, or sales charges. Index performance is not indicative of the performance of any investment. Past performance is no guarantee of future results. Because of their narrow focus, spec ...
Download article PDF version
... Products, weights, and calculation. To determine the set of inputs to be included in an inputs to industry index, PPI analyzes the Bureau of Economic Analysis (BEA) “Use of commodities by industries” table (hereafter referred to as the “use table”).7 The use table provides, on an industry-by-industr ...
... Products, weights, and calculation. To determine the set of inputs to be included in an inputs to industry index, PPI analyzes the Bureau of Economic Analysis (BEA) “Use of commodities by industries” table (hereafter referred to as the “use table”).7 The use table provides, on an industry-by-industr ...
Hedge Funds How They Serve Investors in U.S. and Global Markets
... past decade, the industry has become more diverse, less leveraged, and more flexible. The innovative investment strategies of private investment companies have strengthened the global competitiveness of the U.S. financial services sector, attracting intellectual and financial capital. As their respo ...
... past decade, the industry has become more diverse, less leveraged, and more flexible. The innovative investment strategies of private investment companies have strengthened the global competitiveness of the U.S. financial services sector, attracting intellectual and financial capital. As their respo ...
Article III, Section 49-k of the Texas Constitution created the Texas
... the basic financial statements with the notes to the financial statements, and supplementary information. The Mobility Fund’s financial statements combine two types of financial statements into one statement. These two types of financial statements are the fund financial statements and the entity-wi ...
... the basic financial statements with the notes to the financial statements, and supplementary information. The Mobility Fund’s financial statements combine two types of financial statements into one statement. These two types of financial statements are the fund financial statements and the entity-wi ...
submission on the safety of superannuation
... key to superannuation safety. As has been long acknowledged, there are various risk profiles across the range of managed superannuation funds. While academic and media attention has focused most deliberately upon those funds that are relatively small (either in numbers of members or funds invested) ...
... key to superannuation safety. As has been long acknowledged, there are various risk profiles across the range of managed superannuation funds. While academic and media attention has focused most deliberately upon those funds that are relatively small (either in numbers of members or funds invested) ...
Mutual Funds and Bubbles: The Surprising Role of Contractual
... quintile. We find that the higher the incentives in fund-managers’ advisory contracts, the lesser these funds invest in bubble stocks. In particular, a one percentage increase in the incentives reduces the standardized portfolio weight in bubble stocks by almost 3%. As an alternative measure, we ign ...
... quintile. We find that the higher the incentives in fund-managers’ advisory contracts, the lesser these funds invest in bubble stocks. In particular, a one percentage increase in the incentives reduces the standardized portfolio weight in bubble stocks by almost 3%. As an alternative measure, we ign ...
Hereford-Funds-Semi-Annual-report-31.03.2014 1
... UNAUDITED SEMI-ANNUAL REPORT As of 31 March 2014 ...
... UNAUDITED SEMI-ANNUAL REPORT As of 31 March 2014 ...
Investment Preferences and Patient Capital: Financing, Governance
... In short, recent research suggests that the extent to which patient or impatient uses of capital are put into practice depends on the realization of preferences held by actors occupying central positions in the pension system. While we broadly agree with these findings, we argue that they underspeci ...
... In short, recent research suggests that the extent to which patient or impatient uses of capital are put into practice depends on the realization of preferences held by actors occupying central positions in the pension system. While we broadly agree with these findings, we argue that they underspeci ...
Direct Investing in Private Equity
... they co-invest, with the performance gap widening in the latter half of our sample. This under-performance of co-investments, which are executed alongside private equity groups (often the same ones where the institutions have fund investments) and are the cornerstone of most institutions’ direct inv ...
... they co-invest, with the performance gap widening in the latter half of our sample. This under-performance of co-investments, which are executed alongside private equity groups (often the same ones where the institutions have fund investments) and are the cornerstone of most institutions’ direct inv ...
A Modern, Behavior-Aware Approach to Asset Allocation and
... at the end of that month to purchase a new bond at par at the beginning of the next month. You cannot invest directly in an index and unmanaged index returns do not reflect any fees, expenses or sales charges. The referenced index is shown for general market comparisons and is not meant to represent ...
... at the end of that month to purchase a new bond at par at the beginning of the next month. You cannot invest directly in an index and unmanaged index returns do not reflect any fees, expenses or sales charges. The referenced index is shown for general market comparisons and is not meant to represent ...
Derivative Risk Management Statement Part A
... Robeco emphasizes the interconnection of the above mentioned risk types. Especially in stressed markets, the mentioned types of risk tend to reinforce each other. The mentioned types of risks and the processes to monitor them are described below. 7.1 Market risk Market risk is the risk of adverse mo ...
... Robeco emphasizes the interconnection of the above mentioned risk types. Especially in stressed markets, the mentioned types of risk tend to reinforce each other. The mentioned types of risks and the processes to monitor them are described below. 7.1 Market risk Market risk is the risk of adverse mo ...
Analyst Recommendations, Mutual Fund Herding, and
... Mutual funds pay for sell-side analyst research through costly soft-dollar arrangements (e.g., Conrad, Johnson, and Wahal (2001)), indicating that they use this information as a major input in their investment processes. 5 While some large fund families, such as Fidelity, maintain large pools of buy ...
... Mutual funds pay for sell-side analyst research through costly soft-dollar arrangements (e.g., Conrad, Johnson, and Wahal (2001)), indicating that they use this information as a major input in their investment processes. 5 While some large fund families, such as Fidelity, maintain large pools of buy ...
Unconstrained Investing: Unleash Your Bonds
... If one were to independently construct a fixed-income portfolio, there would be many opportunities available providing several (but not all) of the traditional benefits of fixed-income. This would require broader guidelines and a new paradigm for evaluating manager performance. To fully access these ...
... If one were to independently construct a fixed-income portfolio, there would be many opportunities available providing several (but not all) of the traditional benefits of fixed-income. This would require broader guidelines and a new paradigm for evaluating manager performance. To fully access these ...
Seasons Series Trust - Allocation Moderate Growth
... Market Risk. The Portfolio’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. The market as a whole can decline for many reasons, including adverse political or economic developments in the United States or abroad, changes in investor psychol ...
... Market Risk. The Portfolio’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. The market as a whole can decline for many reasons, including adverse political or economic developments in the United States or abroad, changes in investor psychol ...