QUARTERLY FINANCIAL INFORMATION 2016: HEALTHY
... trust shown by its customers and the commitment of its employees. In an economic environment that is less buoyant and much more demanding on the regulatory front, we have simplified our banking model, optimised capital allocation and continued to invest in the businesses of the future, as we underto ...
... trust shown by its customers and the commitment of its employees. In an economic environment that is less buoyant and much more demanding on the regulatory front, we have simplified our banking model, optimised capital allocation and continued to invest in the businesses of the future, as we underto ...
Essays on international capital flows and macroeconomic stability
... differently. Risk consistently affects bond flows more than share flows. The relationship between risk and portfolio flows is also found to be continuosly evolving and highly dependent on the macroeconomic environment. We further study the transmission channel linking portfolio flows to credit exten ...
... differently. Risk consistently affects bond flows more than share flows. The relationship between risk and portfolio flows is also found to be continuosly evolving and highly dependent on the macroeconomic environment. We further study the transmission channel linking portfolio flows to credit exten ...
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... relating to whether Islamic banks are unique from an economic standpoint. Islamic banks have been compared to their conventional counterparts on various measures such as efficiency and profitability. Capital market products such as Islamic mutual funds have also been the subject of recent research. ...
... relating to whether Islamic banks are unique from an economic standpoint. Islamic banks have been compared to their conventional counterparts on various measures such as efficiency and profitability. Capital market products such as Islamic mutual funds have also been the subject of recent research. ...
Investor Preferences and Demand for Active Management
... higher conditional means for the upper quantiles, especially during market expansions. On the other hand, the comparison of active value funds with their passive benchmarks reveals that the returns of active value funds exhibit stronger downside hedging properties: they are less volatile and have hi ...
... higher conditional means for the upper quantiles, especially during market expansions. On the other hand, the comparison of active value funds with their passive benchmarks reveals that the returns of active value funds exhibit stronger downside hedging properties: they are less volatile and have hi ...
The performance of hedge funds and mutual funds in
... the globe that are in the process of rapid growth and industrialization, such as China, India, and Latin America, as well as many eastern European and southeastern Asian countries. These markets exhibit significant growth opportunities, but also high political and economic ...
... the globe that are in the process of rapid growth and industrialization, such as China, India, and Latin America, as well as many eastern European and southeastern Asian countries. These markets exhibit significant growth opportunities, but also high political and economic ...
British and German Banking Strategies
... The British and German financial systems constitute a significant part of the European financial system(s). Banks are important institutional pillars of any financial system. The largest British and German banks are therefore agents that determine the structure of these financial systems. By studyin ...
... The British and German financial systems constitute a significant part of the European financial system(s). Banks are important institutional pillars of any financial system. The largest British and German banks are therefore agents that determine the structure of these financial systems. By studyin ...
#32842_30_Mutual Fund Regulation_P1 1..72
... generation of income and preservation of capital through investment in short-term, high-quality debt securities.5 Unlike other registered investment companies, money market funds seek to maintain a stable price per share of $16 through the use of either the amortized cost valuation method or the pen ...
... generation of income and preservation of capital through investment in short-term, high-quality debt securities.5 Unlike other registered investment companies, money market funds seek to maintain a stable price per share of $16 through the use of either the amortized cost valuation method or the pen ...
Unlocking SME finance through market-based debt
... high quality securitisation market could be a way to generate additional capital market funding for SMEs, while providing banks with capital relief that allows for the unlocking of resources and further on-lending to the real economy. Securitisation can act as a credit risk transfer mechanism potent ...
... high quality securitisation market could be a way to generate additional capital market funding for SMEs, while providing banks with capital relief that allows for the unlocking of resources and further on-lending to the real economy. Securitisation can act as a credit risk transfer mechanism potent ...
2016 Consolidated and separate financial statements
... IFRS, and all applicable legislation. Based on forecasts and available cash resources, the directors have no reason to believe that the Group and the Company will not be going concerns in the next reporting period. These financial statements have been prepared on this basis. It is the responsibility ...
... IFRS, and all applicable legislation. Based on forecasts and available cash resources, the directors have no reason to believe that the Group and the Company will not be going concerns in the next reporting period. These financial statements have been prepared on this basis. It is the responsibility ...
Statement of Additional Information
... Rights of Each Share Class Each share of common stock of a Fund is entitled to one vote in electing Directors and other matters that may be submitted to shareholders for a vote. All shares of all Classes of each Fund generally have equal voting rights. However, matters affecting only one particular ...
... Rights of Each Share Class Each share of common stock of a Fund is entitled to one vote in electing Directors and other matters that may be submitted to shareholders for a vote. All shares of all Classes of each Fund generally have equal voting rights. However, matters affecting only one particular ...
Drivers for Growth Through 2020
... Although ETFs appear in a large number of portfolios, institutions that use bond ETFs invest an average of only 17% of total fixed-income assets in the funds. European users of bond ETFs are well below that global average, with allocations of just 9.3% of total fixed-income assets. In stark contrast ...
... Although ETFs appear in a large number of portfolios, institutions that use bond ETFs invest an average of only 17% of total fixed-income assets in the funds. European users of bond ETFs are well below that global average, with allocations of just 9.3% of total fixed-income assets. In stark contrast ...
UCITS Application Form Section 10 Sub
... a) The types of assets in which the UCITS proposes to invest b) The basis upon which the UCITS will select its investments c) The place or places in which the UCITS will invest, indicating countries or regions in which such investments will be made; and d) Whether it is intended to seek exposure to ...
... a) The types of assets in which the UCITS proposes to invest b) The basis upon which the UCITS will select its investments c) The place or places in which the UCITS will invest, indicating countries or regions in which such investments will be made; and d) Whether it is intended to seek exposure to ...
Danske Bank annual report 2008
... U In 2008, the capital markets were subject to tremendous turbulence, with sharply falling equity prices, substantially wider credit spreads, frozen money markets and decelerating economic growth. The negative market trends were particularly extreme in the fourth quarter. Developments in January 200 ...
... U In 2008, the capital markets were subject to tremendous turbulence, with sharply falling equity prices, substantially wider credit spreads, frozen money markets and decelerating economic growth. The negative market trends were particularly extreme in the fourth quarter. Developments in January 200 ...
The incentive structure of the originate-to
... Traditionally, the fundamental business of banks is holding deposits and making loans. Until a few decades ago, banks used to hold loans until borrowers repaid them, because selling loan portfolios was too costly. This is called ‘originate-to-hold’. Loan sale and securitization have changed the trad ...
... Traditionally, the fundamental business of banks is holding deposits and making loans. Until a few decades ago, banks used to hold loans until borrowers repaid them, because selling loan portfolios was too costly. This is called ‘originate-to-hold’. Loan sale and securitization have changed the trad ...
CNMV - Ibercaja
... Managers") that this Prospectus contains all information regarding the Issuer and the Notes which is (in the context of the issue of the Notes) material; such information is true and accurate in all material respects and is not misleading in any material respect; any opinions, predictions or intenti ...
... Managers") that this Prospectus contains all information regarding the Issuer and the Notes which is (in the context of the issue of the Notes) material; such information is true and accurate in all material respects and is not misleading in any material respect; any opinions, predictions or intenti ...
Interbank intermediation
... transactions. As a result, we observe an interbank book at the bank level that reflects the underlying client book, in the sense of a mirror image. The observation of a significant extent of interbank intermediation supports the recent suggestion by Moore (2011) describing interbank markets as a wa ...
... transactions. As a result, we observe an interbank book at the bank level that reflects the underlying client book, in the sense of a mirror image. The observation of a significant extent of interbank intermediation supports the recent suggestion by Moore (2011) describing interbank markets as a wa ...
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... ancient ones in its basic source – excessive debt – but its costs have been more actively documented. The cost of this crisis for USA only has been estimated to be 14 trillion USD by the Federal Reserve Bank and it is still growing.1 The global costs when the contagion effects on the other countries ...
... ancient ones in its basic source – excessive debt – but its costs have been more actively documented. The cost of this crisis for USA only has been estimated to be 14 trillion USD by the Federal Reserve Bank and it is still growing.1 The global costs when the contagion effects on the other countries ...
Hedge Fund Innovation - American Economic Association
... this paper is whether the institutional design, i.e., a particular set of fund characteristics, provides information on the type of strategy followed by a hedge fund. If the initial characteristics convey little information on important return-generating aspects of the investment strategy, we should ...
... this paper is whether the institutional design, i.e., a particular set of fund characteristics, provides information on the type of strategy followed by a hedge fund. If the initial characteristics convey little information on important return-generating aspects of the investment strategy, we should ...
Rating Symbols and Definitions
... Ratings assigned on Moody’s global long-term and short-term rating scales are forward-looking opinions of the relative credit risks of financial obligations issued by non-financial corporates, financial institutions, structured finance vehicles, project finance vehicles, and public sector entities. ...
... Ratings assigned on Moody’s global long-term and short-term rating scales are forward-looking opinions of the relative credit risks of financial obligations issued by non-financial corporates, financial institutions, structured finance vehicles, project finance vehicles, and public sector entities. ...
prospectus
... You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. The Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund’s liquidity fa ...
... You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. The Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund’s liquidity fa ...
Your guide to our funds
... Your fund choice will also depend on whether you want growth on your investment or income from your money. For example you may want a regular investment income to top up your income if you no longer receive a wage. The length of time you plan to invest for should influence your attitude to risk, and ...
... Your fund choice will also depend on whether you want growth on your investment or income from your money. For example you may want a regular investment income to top up your income if you no longer receive a wage. The length of time you plan to invest for should influence your attitude to risk, and ...
How Do Private Equity Investments Perform Compared to Public
... (2014)) we focused on North American private equity funds using returns through March 2011. In this paper we update and extend this earlier analysis, adding more North American funds, several hundred European funds, and with updated cash flows and asset values that reflect the significant movements ...
... (2014)) we focused on North American private equity funds using returns through March 2011. In this paper we update and extend this earlier analysis, adding more North American funds, several hundred European funds, and with updated cash flows and asset values that reflect the significant movements ...
BASE PROSPECTUS Standard Chartered Bank
... any representation to any offeree or investor in the Notes regarding the legality of its investment under any applicable laws. Each investor should consult with its own advisers as to the legal, tax, business, financial and related aspects of an investment in the Notes. GENERAL INFORMATION The Notes ...
... any representation to any offeree or investor in the Notes regarding the legality of its investment under any applicable laws. Each investor should consult with its own advisers as to the legal, tax, business, financial and related aspects of an investment in the Notes. GENERAL INFORMATION The Notes ...