Challenger - Submission to the Financial System Inquiry. Issues set
... performance in terms of this measure depends to a large extent on the basis of the analysis. Projections of replacement rates that assume the current design of the pension and superannuation systems has been in operation for the full working life of the retired population provide an unrealistically ...
... performance in terms of this measure depends to a large extent on the basis of the analysis. Projections of replacement rates that assume the current design of the pension and superannuation systems has been in operation for the full working life of the retired population provide an unrealistically ...
Kampala Capital City Authority
... low socio-economic conditions of many of its residents and the inhabitants of the surrounding districts. These include high levels of unemployment, especially amongst the youth and a high incidence of people living below the poverty line. Only around 23% of Kampala’s area is considered fully urbanis ...
... low socio-economic conditions of many of its residents and the inhabitants of the surrounding districts. These include high levels of unemployment, especially amongst the youth and a high incidence of people living below the poverty line. Only around 23% of Kampala’s area is considered fully urbanis ...
Risk-Adjusted Compensation
... that is weakly related to risk outcomes, such as compliance with risk control measures; or others described in item No. 3 below). Therefore, additional qualitative measures are necessary. 3. Using qualitative measures to adjust for risk. Qualitative measures are more difficult to define in terms of ...
... that is weakly related to risk outcomes, such as compliance with risk control measures; or others described in item No. 3 below). Therefore, additional qualitative measures are necessary. 3. Using qualitative measures to adjust for risk. Qualitative measures are more difficult to define in terms of ...
Annual Report
... Economic: there are signs of recovery within the Eurozone. The Netherlands Bureau for Economic Policy Analysis (CPB) is forecasting growth of more than two percent. There is no inflation and the monetary easing programme of the European Central Bank means that interest rates are very low. As a resul ...
... Economic: there are signs of recovery within the Eurozone. The Netherlands Bureau for Economic Policy Analysis (CPB) is forecasting growth of more than two percent. There is no inflation and the monetary easing programme of the European Central Bank means that interest rates are very low. As a resul ...
wns (holdings) limited - corporate
... statements. Such risks and uncertainties include but are not limited to worldwide economic and business conditions; political or economic instability in the jurisdictions where we have operations; our dependence on a limited number of clients in a limited number of industries; regulatory, legislativ ...
... statements. Such risks and uncertainties include but are not limited to worldwide economic and business conditions; political or economic instability in the jurisdictions where we have operations; our dependence on a limited number of clients in a limited number of industries; regulatory, legislativ ...
Columbia VP High Yield Bond 2 (USD)
... including, but not limited to, Morningstar Research Services LLC, registered with and governed by the U.S. Securities and Exchange Commission. This report is supplemental sales literature. If applicable it must be preceded or accompanied by a prospectus, or equivalent, and disclosure statement. Plea ...
... including, but not limited to, Morningstar Research Services LLC, registered with and governed by the U.S. Securities and Exchange Commission. This report is supplemental sales literature. If applicable it must be preceded or accompanied by a prospectus, or equivalent, and disclosure statement. Plea ...
Aisan Industry Co Ltd 7283
... responsible for overseeing the methodology that supports the quantitative equity ratings used in this report. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. Quantitative Eq ...
... responsible for overseeing the methodology that supports the quantitative equity ratings used in this report. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. Quantitative Eq ...
Capital Flow Waves - National Bureau of Economic Research
... contagion, domestic factors are generally insignificant in explaining capital flow waves. There is some evidence that countries with a negative growth shock are more likely to experience stops and rich countries are more likely to have retrenchments, but most of the domestic variables are not consi ...
... contagion, domestic factors are generally insignificant in explaining capital flow waves. There is some evidence that countries with a negative growth shock are more likely to experience stops and rich countries are more likely to have retrenchments, but most of the domestic variables are not consi ...
A Macroeconomic Model of Endogenous Systemic Risk Taking ∗ David Martinez-Miera
... Moran (2010). This implies thinking of bank capital as the funds provided by the special class of agents who own and manage the bank (the “bankers”). The maximun available amount of this funding is determined by bankers’ wealth, whose endogenous dynamics is affected by the profits and losses made by ...
... Moran (2010). This implies thinking of bank capital as the funds provided by the special class of agents who own and manage the bank (the “bankers”). The maximun available amount of this funding is determined by bankers’ wealth, whose endogenous dynamics is affected by the profits and losses made by ...
FINANCIAL PLANNING RESEARCH JOURNAL
... investment horizon. Beyond this there appears little else upon which the protagonists agree. In the literature we see a multitude of theoretical priors, schools of thought, quantitative methods, and conceptions of risk and yet we have no resolution to the debate. Why is it that a subject that has at ...
... investment horizon. Beyond this there appears little else upon which the protagonists agree. In the literature we see a multitude of theoretical priors, schools of thought, quantitative methods, and conceptions of risk and yet we have no resolution to the debate. Why is it that a subject that has at ...
Cenovus finishes first quarter with strong balance
... in 2016 is expected to become increasingly evident throughout the remainder of this year. In addition, the company continues to seek opportunities across its business to further reduce capital and operating costs. For example, Cenovus is already realizing cost reductions greater than originally expe ...
... in 2016 is expected to become increasingly evident throughout the remainder of this year. In addition, the company continues to seek opportunities across its business to further reduce capital and operating costs. For example, Cenovus is already realizing cost reductions greater than originally expe ...
Helen Of Troy Ltd HELE
... responsible for overseeing the methodology that supports the quantitative equity ratings used in this report. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. Quantitative Eq ...
... responsible for overseeing the methodology that supports the quantitative equity ratings used in this report. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. Quantitative Eq ...
Download paper (PDF)
... the associated increase in investment is small relative to the large GDP growth increment (Henry (2003)). Of course, financial openness may also directly affect factor productivity, for example, by spurring financial development, promoting better corporate governance, or signaling higher quality govern ...
... the associated increase in investment is small relative to the large GDP growth increment (Henry (2003)). Of course, financial openness may also directly affect factor productivity, for example, by spurring financial development, promoting better corporate governance, or signaling higher quality govern ...
Impact Assessment (IA)
... such time as recipients are financially able to repay this loan. Support remains available at the time of need, but at a higher level due to the increased capital limit on support. Households may choose not to take up this loan and alternatively finance their mortgage. Those who currently claim SMI ...
... such time as recipients are financially able to repay this loan. Support remains available at the time of need, but at a higher level due to the increased capital limit on support. Households may choose not to take up this loan and alternatively finance their mortgage. Those who currently claim SMI ...
Deflation Risk
... The shape of the distribution of inflation varies significantly for shorter horizons, but is much more stable for longer horizons. Inflation risk premia are slightly negative for horizons of one to five years, but increase to about 30 basis points for a 30-year horizon. We find that the market expects in ...
... The shape of the distribution of inflation varies significantly for shorter horizons, but is much more stable for longer horizons. Inflation risk premia are slightly negative for horizons of one to five years, but increase to about 30 basis points for a 30-year horizon. We find that the market expects in ...
What Australian Investors Need to Know to Diversify
... portfolios is important for diversification. Of course, holding too many stocks is costly both in terms of transaction costs as well as the opportunity cost of monitoring a large diversified portfolio. The fees associated with a large portfolio subtract from overall performance. Holding too few stoc ...
... portfolios is important for diversification. Of course, holding too many stocks is costly both in terms of transaction costs as well as the opportunity cost of monitoring a large diversified portfolio. The fees associated with a large portfolio subtract from overall performance. Holding too few stoc ...
Distribuidora Internacional De Alimentacion SA DIA
... responsible for overseeing the methodology that supports the quantitative equity ratings used in this report. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. Quantitative Eq ...
... responsible for overseeing the methodology that supports the quantitative equity ratings used in this report. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. Quantitative Eq ...
Housing and Portfolio Choice: A Life Cycle Simulation Model
... that households can acquire either by renting from the owner or by buying their own housing stock from which housing services can then be derived. At the same time, households may follow an investment incentive in that they consider real estate as an attractive long-term investment that is not subje ...
... that households can acquire either by renting from the owner or by buying their own housing stock from which housing services can then be derived. At the same time, households may follow an investment incentive in that they consider real estate as an attractive long-term investment that is not subje ...
ACCOUNTING Financial and Organisational Decision Making
... Reasons for harmonisation and standardisation (cont.) – companies listed on several stock exchanges would only need to produce one set of financial statements and this will have implications for cost savings – the accounting and auditing staff employed by international organisations will be better ...
... Reasons for harmonisation and standardisation (cont.) – companies listed on several stock exchanges would only need to produce one set of financial statements and this will have implications for cost savings – the accounting and auditing staff employed by international organisations will be better ...
purchase price allocation in real estate
... authorities are generally charged with separately taxing (i) real property value, (ii) personal property value, and (iii) intangible value, often at different rates.10 For example, some jurisdictions do not tax personal property.11 While the concept of BEV may be generally recognized, no consensus e ...
... authorities are generally charged with separately taxing (i) real property value, (ii) personal property value, and (iii) intangible value, often at different rates.10 For example, some jurisdictions do not tax personal property.11 While the concept of BEV may be generally recognized, no consensus e ...
Bank of England Inflation Report May 2008
... In order to maintain price stability, the Government has set the Bank’s Monetary Policy Committee (MPC) a target for the annual inflation rate of the Consumer Prices Index of 2%. Subject to that, the MPC is also required to support the Government’s objective of maintaining high and stable growth and ...
... In order to maintain price stability, the Government has set the Bank’s Monetary Policy Committee (MPC) a target for the annual inflation rate of the Consumer Prices Index of 2%. Subject to that, the MPC is also required to support the Government’s objective of maintaining high and stable growth and ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.