Letter
... In this new theme, we have been short long-duration, ultra-low yielding fixed income assets, predominantly developed-market sovereign bonds in our global macro fund. In our view, sovereign bonds from several developed economies have reached secular-peak valuation levels corresponding to record low i ...
... In this new theme, we have been short long-duration, ultra-low yielding fixed income assets, predominantly developed-market sovereign bonds in our global macro fund. In our view, sovereign bonds from several developed economies have reached secular-peak valuation levels corresponding to record low i ...
Ulrich Höller`s boundless energy and wide range of interests have
... combine different usages in an urban cultural city life’. retail fund that will invest in mid-size cities in Germany. The scheme in Frankfurt’s city centre, upon which conThe initial target size is likely to be around €200 mln. struction started last year, comprises five sub-projects, ‘I think it cou ...
... combine different usages in an urban cultural city life’. retail fund that will invest in mid-size cities in Germany. The scheme in Frankfurt’s city centre, upon which conThe initial target size is likely to be around €200 mln. struction started last year, comprises five sub-projects, ‘I think it cou ...
The Six Absolute “Must Ask” Questions Before You Invest
... losing money, how long you have to invest and how you emotionally deal with market ups and downs. You need to consider investments that balance your appetite for risk with their ability to reach your financial goals. This is a decision that is very specific to you but it is an important one as you w ...
... losing money, how long you have to invest and how you emotionally deal with market ups and downs. You need to consider investments that balance your appetite for risk with their ability to reach your financial goals. This is a decision that is very specific to you but it is an important one as you w ...
From G-SIB to D-SIB
... • Consequently, the main argument against identifying SIFIs and imposing SCSs is still that labelling an institution as a SIFI leads to growth in the moral hazard associated with it, since both it and the public are being told de facto that it is “too important to fail”. • The counter-argument is th ...
... • Consequently, the main argument against identifying SIFIs and imposing SCSs is still that labelling an institution as a SIFI leads to growth in the moral hazard associated with it, since both it and the public are being told de facto that it is “too important to fail”. • The counter-argument is th ...
From G-SIB to D-SIB
... • Consequently, the main argument against identifying SIFIs and imposing SCSs is still that labelling an institution as a SIFI leads to growth in the moral hazard associated with it, since both it and the public are being told de facto that it is “too important to fail”. • The counter-argument is th ...
... • Consequently, the main argument against identifying SIFIs and imposing SCSs is still that labelling an institution as a SIFI leads to growth in the moral hazard associated with it, since both it and the public are being told de facto that it is “too important to fail”. • The counter-argument is th ...
Statement of investment policies and procedures
... The risk inherent in the investment strategy over a market cycle (a five to ten year period) is three-fold. There is a risk that long-term market returns will not be in line with expectations. To the degree that an active management style is employed, there is a risk that the added return expected o ...
... The risk inherent in the investment strategy over a market cycle (a five to ten year period) is three-fold. There is a risk that long-term market returns will not be in line with expectations. To the degree that an active management style is employed, there is a risk that the added return expected o ...
Which Nations like BITs Best?
... economic policies that decrease the value of investments. When host governments promise to protect foreign investments, investors have a problem with perceiving these commitments as credible. Preferences of a host country’s government can be volatile and change at any time to align with new interest ...
... economic policies that decrease the value of investments. When host governments promise to protect foreign investments, investors have a problem with perceiving these commitments as credible. Preferences of a host country’s government can be volatile and change at any time to align with new interest ...
Project and Investment Appraisal for Sustainable Value
... conjunction with professionals from other disciplines, are likely to engage. By setting out principles for each topic, the documents create a contextual background for the more detailed methods and techniques used by professional accountants in business. A significant feature of the IGPG series is i ...
... conjunction with professionals from other disciplines, are likely to engage. By setting out principles for each topic, the documents create a contextual background for the more detailed methods and techniques used by professional accountants in business. A significant feature of the IGPG series is i ...
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... uncertainties should be faced with adequate planning, such that all efforts to confront it are pursued without inflicting harm and injury to the society. The study of risk in modern economics and finance was made famous by Knight (1921) in his work on risk, uncertainty and profit. Another celebrated ...
... uncertainties should be faced with adequate planning, such that all efforts to confront it are pursued without inflicting harm and injury to the society. The study of risk in modern economics and finance was made famous by Knight (1921) in his work on risk, uncertainty and profit. Another celebrated ...
The benefits of private equity investment
... private equity industry For a private equity industry to develop there needs to be a supply of suitable companies in which to invest; a range of options with which to create a return on the equity invested in these companies within the three to seven year holding period dictated by the typical ten-y ...
... private equity industry For a private equity industry to develop there needs to be a supply of suitable companies in which to invest; a range of options with which to create a return on the equity invested in these companies within the three to seven year holding period dictated by the typical ten-y ...
Are investment certificates too complex?
... German certificate investors make long-term investments. Of the total volume invested by private individuals, 98.7 percent is invested for a medium to long-term holding period. The remaining 1.3 percent is invested in the leverage products, which are more speculative. ...
... German certificate investors make long-term investments. Of the total volume invested by private individuals, 98.7 percent is invested for a medium to long-term holding period. The remaining 1.3 percent is invested in the leverage products, which are more speculative. ...
Current Conjuncture - Amazon Web Services
... …. “Prioritise the issuing of title deeds for the pre-1994” ….”For the post 1994 stock, again we have dead assets” Confidential “The Estate Agency Affairs Board has been tasked to prioritise this”5 ...
... …. “Prioritise the issuing of title deeds for the pre-1994” ….”For the post 1994 stock, again we have dead assets” Confidential “The Estate Agency Affairs Board has been tasked to prioritise this”5 ...
Final-Paper
... money in banks; considering them a safe investment option. Another factor that can be influenced on risk perception, The investment period developing countries investors focus more on short term investments rather than long term. After 9/11, New York stock Exchange (NYSE) and others faced a serious ...
... money in banks; considering them a safe investment option. Another factor that can be influenced on risk perception, The investment period developing countries investors focus more on short term investments rather than long term. After 9/11, New York stock Exchange (NYSE) and others faced a serious ...
Foreign Liquidity to Real Estate Market: Ripple Effect and Housing
... housing prices is still significantly affected by foreign buyers through the “ripple effect”. Influx of foreign liquidity to the central region’s housing submarket can trigger an upsurge of property prices in that region, and the effect of the upsurge can ripple out to the non-central region. The li ...
... housing prices is still significantly affected by foreign buyers through the “ripple effect”. Influx of foreign liquidity to the central region’s housing submarket can trigger an upsurge of property prices in that region, and the effect of the upsurge can ripple out to the non-central region. The li ...
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... So it strikes me that one of the fundamental challenges is in complying with Shariah goals, while at the same time operating within what has thus far inevitably been a conventional wrapper that has potentially constrained market growth. AK, Standard Chartered I don’t completely agree. If you look at ...
... So it strikes me that one of the fundamental challenges is in complying with Shariah goals, while at the same time operating within what has thus far inevitably been a conventional wrapper that has potentially constrained market growth. AK, Standard Chartered I don’t completely agree. If you look at ...
PRIVATE EQUITY PRIMER
... equals more than the sum of its parts. Buyout firms pursuing consolidations have any number of ways of increasing their returns-through leverage, through cost-cutting measures, and through internal growth. They also can benefit from the fact that small companies, because they attract fewer potential ...
... equals more than the sum of its parts. Buyout firms pursuing consolidations have any number of ways of increasing their returns-through leverage, through cost-cutting measures, and through internal growth. They also can benefit from the fact that small companies, because they attract fewer potential ...
Modes of Foreign Bank Entry and the Effects on
... banks makes zero expected profit. This result is used to show that a new entrant would make an expected loss, because it faces a higher share of unprofitable firms switching from the incumbent bank to the new entrant which has less information. Dell’Ariccia and Marquez (2004) extend the model which ...
... banks makes zero expected profit. This result is used to show that a new entrant would make an expected loss, because it faces a higher share of unprofitable firms switching from the incumbent bank to the new entrant which has less information. Dell’Ariccia and Marquez (2004) extend the model which ...
The Investment Association Guidelines for New Issue Transactions
... 1. The purpose of this note is to provide some practical information on investor meeting, presounding, bookbuilding and allocation processes (and related disclosure), as often used in the prevalent ‘pot’ context of the European cross-border syndicated institutional primary debt markets today. Market ...
... 1. The purpose of this note is to provide some practical information on investor meeting, presounding, bookbuilding and allocation processes (and related disclosure), as often used in the prevalent ‘pot’ context of the European cross-border syndicated institutional primary debt markets today. Market ...
Does Financial Openness Lead to Deeper Domestic Financial
... country (logs), and dummies of legal origin (British common law, French civil code, German civil code, and Scandinavian civil code). Numbers in parenthesis are robust standard errors. Finally, note that * (**) implies significance at the 10 (5) percent level. ...
... country (logs), and dummies of legal origin (British common law, French civil code, German civil code, and Scandinavian civil code). Numbers in parenthesis are robust standard errors. Finally, note that * (**) implies significance at the 10 (5) percent level. ...
Global Real Assets Launches Direct Real Asset Investment Platform
... to help further meet client demand for direct and co-investment real asset opportunities across the risk/return spectrum and around the world. ...
... to help further meet client demand for direct and co-investment real asset opportunities across the risk/return spectrum and around the world. ...
PIPEs Transaction and Regulation D
... – Because securities sold in registered offering, and therefore not restricted, may avoid pricing discount that PIPE can attract – Avoids going through purchase agreement / reg rights negotiation with investors & SEC registration process – Bolstered by relaxation of Form S-3 rules in 2008—SEC allowe ...
... – Because securities sold in registered offering, and therefore not restricted, may avoid pricing discount that PIPE can attract – Avoids going through purchase agreement / reg rights negotiation with investors & SEC registration process – Bolstered by relaxation of Form S-3 rules in 2008—SEC allowe ...
SP167: Searching for a Metric for Financial Stability
... This table reports the consequences of the regulator increasing the penalties on banks who default on their debt (to depositors and other banks). We assume a 2 percent increase in both states of the world. (from 0.9 to approximately 0.92 in the state 1 and from 1.1 to approximately 1.12 in state 2). ...
... This table reports the consequences of the regulator increasing the penalties on banks who default on their debt (to depositors and other banks). We assume a 2 percent increase in both states of the world. (from 0.9 to approximately 0.92 in the state 1 and from 1.1 to approximately 1.12 in state 2). ...
Chapter 8
... • A bond is a certificate of indebtedness that specifies obligations of the borrower to the holder of the bond. • Characteristics of a Bond • Term: The length of time until the bond matures. • Credit Risk: The probability that the borrower will fail to pay some of the interest or principal. • Tax Tr ...
... • A bond is a certificate of indebtedness that specifies obligations of the borrower to the holder of the bond. • Characteristics of a Bond • Term: The length of time until the bond matures. • Credit Risk: The probability that the borrower will fail to pay some of the interest or principal. • Tax Tr ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.