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Conditional Performance Measurement using Portfolio Weights: Evidence for Pension Funds

Conditional Performance Measurement using Portfolio Weights: Evidence for Pension Funds

Anh ngữ phổ thông

... means for the performance measures and t-statistics for the entire sample of actual funds, as well as for growth and value funds, and the performance measures for equally-weighted portfolios of funds ... All Funds Growth Funds Value Funds -0.03 0.59 -0.31 Proportion>0 All Funds Growth Funds Value Funds 0.48 0.86 0.24 -0.26 3.41 -2.79 0.80 0.00 0.01 Panel D Bonferroni p-value All Funds Growth Funds ... 0.16 0.43 2.55 0.59 2.33 Median All Funds Growth Funds Value Funds 0.17 0.34 0.04 Proportion of funds with positive performance All Funds Growth Funds Value Funds Panel B Interim-Trading Mean...
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Subdifferential calculus for convex functions

Subdifferential calculus for convex functions

Toán học

... Science) Convex Optimization 71 / 108 Chapter Subdifferential calculus for convex functions Proposition For any proper convex function f and any vector x, the following four conditions on a vector ... convex function Then ∂f (x) is a maximal monotone mapping tvnguyen (University of Science) Convex Optimization 73 / 108 Chapter Subdifferential calculus for convex functions Derivability of convex functions ... } 76 / 108 Chapter Subdifferential calculus for convex functions Calculus rules Proposition Let f1 , f2 be two proper closed convex functions on IRn For x ∈ dom f1 ∩ dom f2 , there holds ∂(f1...
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Tài liệu Báo cáo khoa học: AcmA of Lactococcus lactis is an N-acetylglucosaminidase with an optimal number of LysM domains for proper functioning ppt

Tài liệu Báo cáo khoa học: AcmA of Lactococcus lactis is an N-acetylglucosaminidase with an optimal number of LysM domains for proper functioning ppt

Báo cáo khoa học

... responsible for A B Fig Overexpression and purification of the active-site domain of AcmA (A) SDS ⁄ 12.5% PAGE of cell extracts of 10 lL of E coli BL21(DE3) (pETAcmA) (lane 3) induced for h with ... the three repeats in AcmA are sufficient for cell separation and autolysis of cells Several mutant AcmA derivatives were constructed to investigate the function of the three LysM domains in the ... followed by severe lysis [3], cloning and expression were performed in L lactis MG1363 A stop codon was introduced behind the codon for Thr287 (pGKAL4) or Ser363 (pGKAL3) (Fig 1B) Plasmid pGKAL4-specified...
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Tài liệu Báo cáo Y học: Receptor crosstalk Implications for cardiovascular function, disease and therapy ppt

Tài liệu Báo cáo Y học: Receptor crosstalk Implications for cardiovascular function, disease and therapy ppt

Báo cáo khoa học

... Therefore, these manifestations point to PLCs as a nucleus for sorting and channelling signals that determine auxiliary cardiac circulatory function, providing a regulatory feedback route for ... which the heart cannot meet its fundamental functional demands without some form of assistance This complex process involves alterations in the myocyte structure and function, abnormalities in Ca2+ ... for a defunct b1-AR, the mobilization of Ca2+ required for the PIE is attainable most probably by a mechanism that bypasses the Gs-AC pathway, and signalling via PLC is one important option for...
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TECHNICAL BRIEF FOR INVESTMENT FUNDS: ACCOUNTING, FINANCIAL REPORTING & REGULATORY ( VOLUME 4) ppt

TECHNICAL BRIEF FOR INVESTMENT FUNDS: ACCOUNTING, FINANCIAL REPORTING & REGULATORY ( VOLUME 4) ppt

Quỹ đầu tư

... filing requirements for Form PF are as follows: Group Large Private Fund Advisers Subgroup Hedge Funds Liquidity Funds / Money Market Funds Private Equity Funds Smaller Private Fund Advisers Ongoing ... of this, there may be some fund structures that fall outside the scope this of this exemption For example, an investment fund formed for exempt - type funds, which are formed to pool investors ... proposal For example, the requirement for a fund-offunds to consolidate a controlling interest in another investment company does not exist in the proposed IFRS amendments Therefore, a fund-of-funds...
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TECHNICAL BRIEF FOR INVESTMENT FUNDS: ACCOUNTING, FINANCIAL REPORTING & REGULATORY ( VOLUME 5) potx

TECHNICAL BRIEF FOR INVESTMENT FUNDS: ACCOUNTING, FINANCIAL REPORTING & REGULATORY ( VOLUME 5) potx

Quỹ đầu tư

... activities of the investee funds and may have limited transparency into investee funds A fund of funds generally is deemed a commodity pool (and the investment manager of the fund of funds a commodity ... master funds will close this gap, and As a regulated fund, the operator of the master fund will be required to annually complete a Fund Annual operating and financial information on such funds, ... Brief for Investment Funds Tech Brief Volume Archive: Volume February 2010 Technical Brief for Investment Funds Tech Brief Volume Archive: Volume December 2010 Technical Brief for Investment Funds...
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Báo cáo khoa học:

Báo cáo khoa học: "Accurate Learning for Chinese Function Tags from Minimal Features" pdf

Báo cáo khoa học

... true for all cases, see (Merlo and Palmer, 2006)) that carry semantic role information As for the task of function parsing, it is reasonable to ignore the IMP and Q in Table since they not form ... parser-independent features for function labeling Specifically, our proposal is to classify function types directly from lexical features like words and their POS tags and the surface sentence information like ... hypothesis that underlies our proposal is that lexical features are informative for different function types, and capture fundamental properties of the semantics that sometimes can not be concluded...
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Báo cáo khoa học: Proteoglycans in health and disease: new concepts for heparanase function in tumor progression and metastasis pptx

Báo cáo khoa học: Proteoglycans in health and disease: new concepts for heparanase function in tumor progression and metastasis pptx

Báo cáo khoa học

... Barash et al New concepts for heparanase function B A Fig (A) Immunohistochemical staining of heparanase in squamous cell carcinoma of the head and neck (SCCHN) tumor specimens Formalin-fixed, paraffin-embedded ... activity-independent function of heparanase is further supported by the FEBS Journal 277 (2010) 3890–3903 ª 2010 The Authors Journal compilation ª 2010 FEBS U Barash et al New concepts for heparanase function ... peptide; glutamic acids residues 225 and 343 critical for heparanase enzymatic activity, are detonated (see text for details) (B) Colony formation in soft agar Control (Vo) heparanase (Hepa)-,...
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Báo cáo khoa học: The structural basis for catalytic function of GMD and RMD, two closely related enzymes from the GDP-D-rhamnose biosynthesis pathway pdf

Báo cáo khoa học: The structural basis for catalytic function of GMD and RMD, two closely related enzymes from the GDP-D-rhamnose biosynthesis pathway pdf

Báo cáo khoa học

... before each run by washing with 0.2 m sodium hydroxide, water, and running buffer, each for Samples were introduced by pressure injection for s (for reaction composition analysis) or 24 s (for ... GDP-6-deoxy-d-lyxo-hexos-4-ulose, a GMD reaction was performed for h, the enzyme was removed by filtration, and then enzyme and cofactor for the second reaction were added To determine the optimal pH for enzyme-catalyzed reactions, ... analysis), and separation was performed at 22 kV Peak integration was performed using 32 karat software (Beckman) Determination of kinetic parameters for GMD Reactions were performed in triplicate, and...
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INTERACTIVE DATA FOR MUTUAL FUND RISK/RETURN SUMMARY . pdf

INTERACTIVE DATA FOR MUTUAL FUND RISK/RETURN SUMMARY . pdf

Quỹ đầu tư

... summary information using the list of tags for risk/return summary information? Is it sufficient for funds that are part of smaller fund families, e.g., funds that are small entities for purposes ... information is accurate and consistent with the information the mutual fund presents in its traditional format filing Because mutual fund risk/return summary information in interactive data format, ... note 15 35 require interactive data format information for the risk/return summary? Should we require interactive data format information for any additional information contained in the proposed...
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INTERACTIVE DATA FOR MUTUAL FUND RISK/RETURN SUMMARY . pot

INTERACTIVE DATA FOR MUTUAL FUND RISK/RETURN SUMMARY . pot

Quỹ đầu tư

... interactive format In view of this requirement, interactive risk/return summary information for multiple funds should be as easy for investors to locate and understand as similar information for a ... 33 Items 2, 3, and of Form N-1A 10 funds, five bond funds, and four money market funds The funds participating in the voluntary program also include larger and smaller funds.34 Since the establishment ... summary information, set forth in Items 2, 3, and of Form N-1A,61 in interactive data format.62 In addition, mutual funds are required to provide document and entity identifier tags, such as the form...
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Current Developments for Mutual Fund Audit Committees Quarterly summary doc

Current Developments for Mutual Fund Audit Committees Quarterly summary doc

Quỹ đầu tư

... responsible for the model valuation have the requisite knowledge to perform this function Directors clearly look to management to perform the day-to-day valuation Directors therefore should understand ... performed by management over the information provided by third-party pricing vendors The use of third-party pricing vendor information is common practice, especially in the SEC registered fund ... other market information such as foreign exchange rates, primary or principal exchange, trading volume, fair value factors for international equity securities, coupon and maturity dates for bonds,...
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Báo cáo khoa học:

Báo cáo khoa học: "Hard Constraints for Grammatical Function Labelling" pdf

Báo cáo khoa học

... information structure 1088 Case information for a given noun phrase can give a classifier some clue about the correct argument function, since functions are strongly related to case values Unfortunately, ... and case syncretism for the function labeller Section de2 Table shows that for our data a model with merged category and function labels (but without hard constraints!) performs slightly worse ... about 10,000 verb frames for 4,508 verbs, which were automatically extracted from our training section Following Klenner (2007), for each verb and for each subcat frame for this verb attested at...
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Right place right time Ireland - the domicile of choice for regulated funds ppt

Right place right time Ireland - the domicile of choice for regulated funds ppt

Quỹ đầu tư

... a fund VAT treatmentWhat is the VAT treatment for funds? • Fund activities VAT exempt No of international administrators 46 No of custodians 18 No of law firms 11 • Funds must self account for ... insurance, pension funds, fund platforms, online brokers, independent financial advisors (IFAs) Retail Banks Switzerland Private banks, retail banks, fund of funds, insurance, fund supermarkets, ... banks, retail banks, fund of funds, wrappers, fund supermarkets, online brokers, independent financial advisors (IFAs) Retail banks Spain Private banks, retail banks, fund of funds, fund supermarkets,...
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Risk Measurement Services for Investment Funds potx

Risk Measurement Services for Investment Funds potx

Quỹ đầu tư

... fit better to your funds) Kupiec POF Test Pearson’s Q Test Markov Test Statistical Tests Interval Forecast Test Mixed Kupiec Test | Risk Measurement Services for Investment Funds (Reverse) Stress ... Measurement Services for Investment Funds | Synthetic Risk and Reward Indicator (SRRI) Your Benefits ✓ Reliable and competent partner for outsourcing the SRRI ✓ All type of funds are handled in ... Daily Returns 15% 10% 5% 0% -5% -10% Volatility Forecast 6% 4% 2% 0% Historical GARCH EGARCH (with leverage) | Risk Measurement Services for Investment Funds Your Benefits ✓ Wide range of financial...
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FIRST IMPRESSIONS: CONSOLIDATION RELIEF FOR INVESTMENT FUNDS pptx

FIRST IMPRESSIONS: CONSOLIDATION RELIEF FOR INVESTMENT FUNDS pptx

Quỹ đầu tư

... managers, fund administrators and service providers who focus on retail/mutual funds, hedge funds, private equity funds, real estate funds, infrastructure funds and other alternative investment funds ... to investors information about the underlying investments of the master fund – therefore, they may prefer to consolidate Understandably, it is essential for users of the feeder fund’s inancial ... 31 First Impressions: Consolidation relief for investment funds | Green light for fair value accounting This consolidation exception for investment funds is a big step by the IASB in aligning...
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techniques for immune function analysis

techniques for immune function analysis

Sinh học

... For additional information please access the Immune Function Homepage at www.bdbiosciences.com/immune_function For Research Use Only Not for use in diagnostic or therapeutic ... Refer to the manual for each BD CBA Kit for more information on data analysis 44 www.bdbiosciences.com Unless otherwise specified, all products are for Research Use Only Not for use in diagnostic ... access the new Immune Function Homepage at www.bdbiosciences.com/immune_function www.bdbiosciences.com Unless otherwise specified, all products are for Research Use Only Not for use in diagnostic...
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Báo cáo hóa học:

Báo cáo hóa học: " New inequalities of hermite-hadamard type for convex functions with applications" pptx

Hóa học - Dầu khí

... (3:4) Proof The assertion follows from Corollary and for f (x) = □ x The Trapezoidal Formula Let d be a division a = x0
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Báo cáo hóa học:

Báo cáo hóa học: " Research Article Subordination and Superordination for Multivalent Functions Associated with the Dziok-Srivastava Operator" doc

Hóa học - Dầu khí

... More generally, for ≤ α < 1, the classes of convex functions of order α and starlike functions of order α are, respectively, defined by Re zf z /f z > α or Re zf z /f z > α A function f is close-to-convex ... Integral Transforms and Special Functions, vol 15, no 5, pp 445–454, 2004 27 J Dziok and H M Srivastava, “Classes of analytic functions associated with the generalized hypergeometric function,” ... M Srivastava, “Certain subclasses of analytic functions associated with the generalized hypergeometric function,” Integral Transforms and Special Functions, vol 14, no 1, pp 7–18, 2003 30 J.-L...
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