Dalton Street Capital Absolute Return Fund Product Disclosure
... Responsible Entity, Investment Manager, the Sub-Investment Manager or any associate, employee, agent or officer of the Responsible Entity, Investment Manager, the Sub-Investment Manager or any other person to invest in the Fund. This PDS does not take into account the investment objectives, financia ...
... Responsible Entity, Investment Manager, the Sub-Investment Manager or any associate, employee, agent or officer of the Responsible Entity, Investment Manager, the Sub-Investment Manager or any other person to invest in the Fund. This PDS does not take into account the investment objectives, financia ...
Overnight Versus Intraday Expected Returns
... argue that such a decomposition is a natural one as these two periods are different along ...
... argue that such a decomposition is a natural one as these two periods are different along ...
Introduction to Share Buyback Valuation
... share buybacks when the share price was high relative to the estimated value to long-term shareholders, and conversely decrease share buybacks when the share price was relatively low, which is the opposite of what should have been done. Share buybacks are shown to be value neutral to long-term share ...
... share buybacks when the share price was high relative to the estimated value to long-term shareholders, and conversely decrease share buybacks when the share price was relatively low, which is the opposite of what should have been done. Share buybacks are shown to be value neutral to long-term share ...
The Geography of Angel Investment
... seconds. These measures are acquired by feeding each investor-investee pair’s geocode to an open source routing software based on Open Street Map. This paper reports several important findings. First there is a positive relationship between distance and angel investment performance, measured by the ...
... seconds. These measures are acquired by feeding each investor-investee pair’s geocode to an open source routing software based on Open Street Map. This paper reports several important findings. First there is a positive relationship between distance and angel investment performance, measured by the ...
Individual Investor Mutual Fund Flows
... Individuals’ mutual fund share redemption decisions in both their taxable and tax-deferred accounts might also be sensitive to investment costs. The literature to date has not focused on these sensitivities at the individualinvestor level. Rather, as in Barber, Odean, and Zheng (2005), analyses focu ...
... Individuals’ mutual fund share redemption decisions in both their taxable and tax-deferred accounts might also be sensitive to investment costs. The literature to date has not focused on these sensitivities at the individualinvestor level. Rather, as in Barber, Odean, and Zheng (2005), analyses focu ...
Financial facts - Great West Life
... the participating account. Great-West Life manages this account, investing its assets in a diversified portfolio of bonds, mortgages and equities, including real estate. This frees policyowners from the details of hands-on management. Earnings come from favourable investment returns, mortality exper ...
... the participating account. Great-West Life manages this account, investing its assets in a diversified portfolio of bonds, mortgages and equities, including real estate. This frees policyowners from the details of hands-on management. Earnings come from favourable investment returns, mortality exper ...
The Impact of Leverage on Hedge Fund Performance
... Table 1 presents summary statistics of leverage use across various hedge fund strategies. The information is based on the TASS database as of April 2016, and it shows frequency of leverage use for each strategy. Among 12 strategies in both the graveyard and live databases, 9 strategies contain more ...
... Table 1 presents summary statistics of leverage use across various hedge fund strategies. The information is based on the TASS database as of April 2016, and it shows frequency of leverage use for each strategy. Among 12 strategies in both the graveyard and live databases, 9 strategies contain more ...
- Franklin Templeton Investments
... government spending and nonresidential fixed investment. Manufacturing conditions generally contracted during the first half of the period but generally expanded in the second half. The services sector, although volatile, continued to grow throughout the period. The unemployment rate decreased sligh ...
... government spending and nonresidential fixed investment. Manufacturing conditions generally contracted during the first half of the period but generally expanded in the second half. The services sector, although volatile, continued to grow throughout the period. The unemployment rate decreased sligh ...
Momentum, Business Cycle and Time
... t, all NYSE-AMEX stocks on the monthly CRSP files with returns for months t – 6 through t – 1 are ranked into deciles based on their formation period (t – 6 through t – 1) returns. Decile portfolios are formed by weighting equally all firms in the decile rankings. The momentum strategy designates wi ...
... t, all NYSE-AMEX stocks on the monthly CRSP files with returns for months t – 6 through t – 1 are ranked into deciles based on their formation period (t – 6 through t – 1) returns. Decile portfolios are formed by weighting equally all firms in the decile rankings. The momentum strategy designates wi ...
Statement of Advice sample wording
... funds through OneAnswer provides a simple and cost effective way to diversify your investment across different fund managers, asset classes and risk profiles, in line with your investment strategy. This includes a range of cash solutions providing a competitive return. You can also choose to invest ...
... funds through OneAnswer provides a simple and cost effective way to diversify your investment across different fund managers, asset classes and risk profiles, in line with your investment strategy. This includes a range of cash solutions providing a competitive return. You can also choose to invest ...
Playing the Field: Geomagnetic Storms and the Stock
... exchange with marginal sellers. According to this principle, market participants directly affected by GMS can influence overall market returns. More pessimistic future prospects would translate into a relatively high demand for riskless assets, causing the price of risky assets to fall or to rise le ...
... exchange with marginal sellers. According to this principle, market participants directly affected by GMS can influence overall market returns. More pessimistic future prospects would translate into a relatively high demand for riskless assets, causing the price of risky assets to fall or to rise le ...
Institutional Investment Constraints and Stock Prices
... and tracking-error constraints, institutions could not or would not keep deviating from their benchmark. We hypothesize that if money managers already overweight a stock, they may not buy more of the stock, even if they receive positive information about the stock. If money managers already underwei ...
... and tracking-error constraints, institutions could not or would not keep deviating from their benchmark. We hypothesize that if money managers already overweight a stock, they may not buy more of the stock, even if they receive positive information about the stock. If money managers already underwei ...
Timing the Treasury Bond Market
... indicators that can give an idea of the relative evolution between T-Bonds and T-Bills, hence allowing an better allocation to be made. 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 t ...
... indicators that can give an idea of the relative evolution between T-Bonds and T-Bills, hence allowing an better allocation to be made. 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 t ...
Two Essays on Managerial Behaviors in the Mutual Fund Industry
... in winners. In contrast, a well performing fund has the opposite. Thus, observing a poorly performing fund with a high percentage of assets in winners and a low percentage of assets in losers suggests a greater window-dressing likelihood. Based on this reasoning, for each quarter and each fund secto ...
... in winners. In contrast, a well performing fund has the opposite. Thus, observing a poorly performing fund with a high percentage of assets in winners and a low percentage of assets in losers suggests a greater window-dressing likelihood. Based on this reasoning, for each quarter and each fund secto ...
Stock market performance and pension fund investment policy
... The investment strategy of Dutch pension funds is of key importance to society, as it involves more than € 600 billion in assets, or over € 37,500 per inhabitant. The way in which these assets are invested has a significant influence on the level of required premiums or final benefits. A one percent ...
... The investment strategy of Dutch pension funds is of key importance to society, as it involves more than € 600 billion in assets, or over € 37,500 per inhabitant. The way in which these assets are invested has a significant influence on the level of required premiums or final benefits. A one percent ...
hussman strategic dividend value fund
... Shares of the Fund may fall in value and there is a risk that you could lose money by investing in the Fund. There can be no assurance that the Fund will achieve its investment objective. Due to the investment techniques employed by the Fund and the types of securities in which it invests, the Fund ...
... Shares of the Fund may fall in value and there is a risk that you could lose money by investing in the Fund. There can be no assurance that the Fund will achieve its investment objective. Due to the investment techniques employed by the Fund and the types of securities in which it invests, the Fund ...
University of Groningen An evaluation of the accounting rate of
... rather than the IRR to assess the profitability of corporations and public-sector enterprises, to evaluate capital investment projects, and to price financial claims such as shares. Vatter (1966) proposes the employment of the realized ARR as constituting a reasonable measure for financial performan ...
... rather than the IRR to assess the profitability of corporations and public-sector enterprises, to evaluate capital investment projects, and to price financial claims such as shares. Vatter (1966) proposes the employment of the realized ARR as constituting a reasonable measure for financial performan ...
The Leverage Effect on Stock Returns-EFMA
... (Muradoglu and Sivaprasad,2009). This paper chooses a robust estimation of returns: the excess return or alpha based on widely used asset pricing models. The main objective of this paper is to test MM’s Proposition II. This paper represent returns to shareholders as abnormal stock returns estimated ...
... (Muradoglu and Sivaprasad,2009). This paper chooses a robust estimation of returns: the excess return or alpha based on widely used asset pricing models. The main objective of this paper is to test MM’s Proposition II. This paper represent returns to shareholders as abnormal stock returns estimated ...
