Financial notes (PDF, 15 pp., 85 KB)
... North American Natural Gas business segment, resulting in a loss on sale of $153 million ($112 million after-tax). The gains and losses on the sales of these assets are included in investment and other income (expense) in the Consolidated Statement of Earnings. ...
... North American Natural Gas business segment, resulting in a loss on sale of $153 million ($112 million after-tax). The gains and losses on the sales of these assets are included in investment and other income (expense) in the Consolidated Statement of Earnings. ...
Liquid assets, liquidity constraints and global imbalances
... reserve assets in emerging Asia. Dooley, Folkerts-Landau and Garber (2003) have outlined a coherent explanation with their so-called “Bretton Woods 2” (BW2) conjecture. The idea is that Asian emerging economies are pursuing export-led growth strategies by deliberately maintaining undervalued exchang ...
... reserve assets in emerging Asia. Dooley, Folkerts-Landau and Garber (2003) have outlined a coherent explanation with their so-called “Bretton Woods 2” (BW2) conjecture. The idea is that Asian emerging economies are pursuing export-led growth strategies by deliberately maintaining undervalued exchang ...
GN2: Financial Condition Reports
... that a reasonably foreseeable adverse scenario might have on one or more related parameters. Using the terminology adopted by the FSA, the former constitutes a stress test while the latter is a scenario test. Stochastic modelling will normally incorporate the scenario concept by assuming specific st ...
... that a reasonably foreseeable adverse scenario might have on one or more related parameters. Using the terminology adopted by the FSA, the former constitutes a stress test while the latter is a scenario test. Stochastic modelling will normally incorporate the scenario concept by assuming specific st ...
Franklin Euro High Yield Fund - A (Ydis) EUR
... Asset allocation figures shown reflect certain derivatives held in the portfolio (or their underlying reference assets) and may not total 100% or may be negative due to rounding, use of derivatives, unsettled trades or other factors. Fund Measures figures shown for Average Duration, Average Weighted ...
... Asset allocation figures shown reflect certain derivatives held in the portfolio (or their underlying reference assets) and may not total 100% or may be negative due to rounding, use of derivatives, unsettled trades or other factors. Fund Measures figures shown for Average Duration, Average Weighted ...
Currency Risk: To hedge or Not To Hedge—Is That The Question?
... to both of the above arguments, but it deserves special attention. Mean reversion is the idea that while currencies will fluctuate, they will return to a mean level over a long-term horizon. This argument tends to show up in the real world with phrases like: “the currency is hitting long-term highs, ...
... to both of the above arguments, but it deserves special attention. Mean reversion is the idea that while currencies will fluctuate, they will return to a mean level over a long-term horizon. This argument tends to show up in the real world with phrases like: “the currency is hitting long-term highs, ...
Financial stress and economic activity in Germany and the Euro Area
... activity since the great depression. The exacerbation of the European sovereign debt crisis - associated with a systemic crisis of the European banking system -, when government spreads of the peripheral countries rose sharply, strengthens the necessity for consideration of financial developments fo ...
... activity since the great depression. The exacerbation of the European sovereign debt crisis - associated with a systemic crisis of the European banking system -, when government spreads of the peripheral countries rose sharply, strengthens the necessity for consideration of financial developments fo ...
Financial Stress and Economic Activity in Germany and the Euro Area
... activity since the great depression. The exacerbation of the European sovereign debt crisis - associated with a systemic crisis of the European banking system -, when government spreads of the peripheral countries rose sharply, strengthens the necessity for consideration of financial developments fo ...
... activity since the great depression. The exacerbation of the European sovereign debt crisis - associated with a systemic crisis of the European banking system -, when government spreads of the peripheral countries rose sharply, strengthens the necessity for consideration of financial developments fo ...
ENDOWMENT TRUSTEES
... following - “2010 closed out much more positively than many expected. Many analysts now expect the market for 2011 to end with a positive gain although with some bumps along the way. As stated earlier the current economic recovery is weaker than most post recession recoveries. The economy is expecte ...
... following - “2010 closed out much more positively than many expected. Many analysts now expect the market for 2011 to end with a positive gain although with some bumps along the way. As stated earlier the current economic recovery is weaker than most post recession recoveries. The economy is expecte ...
PRUDENTIAL MEDICAL AID INFLATION PLUS 5% Q4 2016
... registered as a discretionary financial services provider by the Financial Services Board of South Africa, in terms of the Financial Advisory and Intermediary Services Act. The company’s registered office is: 7th Floor Protea Place, 40 Dreyer Street, Claremont, 7708. Information in this document has ...
... registered as a discretionary financial services provider by the Financial Services Board of South Africa, in terms of the Financial Advisory and Intermediary Services Act. The company’s registered office is: 7th Floor Protea Place, 40 Dreyer Street, Claremont, 7708. Information in this document has ...
Appendix A University of Virginia Investment Management Company
... a single manager. For long-term closed-end fund investments, including private equity and real estate funds, the 7.5% limitation applies to the net amount committed to active funds (calculated as the total cost basis of current investments plus total unfunded commitments, if any). For purposes of th ...
... a single manager. For long-term closed-end fund investments, including private equity and real estate funds, the 7.5% limitation applies to the net amount committed to active funds (calculated as the total cost basis of current investments plus total unfunded commitments, if any). For purposes of th ...
Financial Stability Reports - Federal Reserve Bank of Kansas City
... debt or leverage in the household or corporate sectors, which could lead to stresses and defaults that would impair financial stability. Financial sector risks can stem from problems at individual firms, common practices or exposures at financial institutions, financial market conditions, and weakne ...
... debt or leverage in the household or corporate sectors, which could lead to stresses and defaults that would impair financial stability. Financial sector risks can stem from problems at individual firms, common practices or exposures at financial institutions, financial market conditions, and weakne ...
Marxist Crisis Theory and the Severity of the Current Economic Crisis
... The rapidly growing profits stimulate rapidly rising business investment, which constitutes a part of the demand for output. This can perpetuate an expansion for a time, but if it were the only mechanism operating to resolve the realization problem, an imbalance would quickly arise as the means of p ...
... The rapidly growing profits stimulate rapidly rising business investment, which constitutes a part of the demand for output. This can perpetuate an expansion for a time, but if it were the only mechanism operating to resolve the realization problem, an imbalance would quickly arise as the means of p ...
state residents urged to be on guard against affinity fraud
... some CDs aren't what they seem. That's the message behind a handy checklist now available from the Agency. With many elderly investors complaining they've been misled into buying "callable" CDs with 10- to 30 -year maturities, State securities regulators hope investors will use the checklist to avoi ...
... some CDs aren't what they seem. That's the message behind a handy checklist now available from the Agency. With many elderly investors complaining they've been misled into buying "callable" CDs with 10- to 30 -year maturities, State securities regulators hope investors will use the checklist to avoi ...
1 / 4 Bold Analysts or Bold Banks: Do Institutional Factors Drive
... and sidelined until they resigned or even got dismissed (see, e.g. The Economist 2009, Robinson 2009).1 The financial industry benefits most if the market prices of securities rise or are presumed to ...
... and sidelined until they resigned or even got dismissed (see, e.g. The Economist 2009, Robinson 2009).1 The financial industry benefits most if the market prices of securities rise or are presumed to ...
Statement of Risk - ACT Department of Treasury
... purposes will also change over time due to changes in interest rates. An increase in interest rates will generally lead to a decrease in the valuation of debt securities and vice versa. The degree of change in the valuation will depend on, amongst other things, the term to maturity and the coupon ra ...
... purposes will also change over time due to changes in interest rates. An increase in interest rates will generally lead to a decrease in the valuation of debt securities and vice versa. The degree of change in the valuation will depend on, amongst other things, the term to maturity and the coupon ra ...
The growth of emerging economies and global macroeconomic
... The probability and macroeconomic consequences of a liquidity crisis depend on the leverage chosen by banks, which in turn depends on the interest rate paid on their liabilities (funding cost). When the interest rate is low, banks have more incentives to leverage, which in turn increases the likelih ...
... The probability and macroeconomic consequences of a liquidity crisis depend on the leverage chosen by banks, which in turn depends on the interest rate paid on their liabilities (funding cost). When the interest rate is low, banks have more incentives to leverage, which in turn increases the likelih ...
The IP Strategies Value Proposition
... commissions. This approach lowers the chance of a conflict of interest where the advisor or bank may be more concerned about their compensation, than what makes the most sense for you the client. Ensuring that the interests of your advisor are aligned with yours is the first step. Independent advice ...
... commissions. This approach lowers the chance of a conflict of interest where the advisor or bank may be more concerned about their compensation, than what makes the most sense for you the client. Ensuring that the interests of your advisor are aligned with yours is the first step. Independent advice ...
FREE Sample Here
... accumulated $21,725 from the initial $1,000 investment. If, on the other hand, he had earned a 10 %return on the same investment, he would have accumulated $45,259 in 40 years—more than double his return at 8%! Clearly, two percentage points over time can make a significant difference! Calculate var ...
... accumulated $21,725 from the initial $1,000 investment. If, on the other hand, he had earned a 10 %return on the same investment, he would have accumulated $45,259 in 40 years—more than double his return at 8%! Clearly, two percentage points over time can make a significant difference! Calculate var ...
A REVIEW OF THE CAPITAL STRUCTURE THEORIES Popescu
... funds or to pay them out. If raising new funds, it might be optimal to raise them in the form of debt or in the form of equity. In each case, what is expected to be optimal in the next period will help to pin down the relevant comparison for the firm in the current period. Much of the work on dynam ...
... funds or to pay them out. If raising new funds, it might be optimal to raise them in the form of debt or in the form of equity. In each case, what is expected to be optimal in the next period will help to pin down the relevant comparison for the firm in the current period. Much of the work on dynam ...