the fund driven supercycle

Most Likely to Succeed: Leadership in the Fund Industry potx

Ngày tải lên : 30/03/2014, 15:20

... in the U.S market.2 The Limits of the Financial Supermarket The failure of diversified firms to dominate the fund industry shows the limits of the financial supermarket strategy—which was the ... or the compensation inadequate or both—it is easy for them to leave They can defect to another fund firm, an institutional manager, or a hedge fund They can even consider starting their own fund, ... acquired a fund sponsor, they expected to sell the sponsor’s mutual funds together with traditional banking and insurance services to their high-networth customers They also planned on giving their...

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apress pro.dynamic..net.4.0.applications.data-driven.programming.for.the..net.framework

Ngày tải lên : 06/08/2013, 17:29

... write the appropriate syntax The BracingStyle property determines how the braces—{ }—are aligned in the code Setting the value to “C” begins the braces on the line after the declaration they’re ... receives the data type and the name of the variable as constructor parameters Then, use the CodeArgumentReferenceExpression object to wrap the default value of “DELETE FROM” This is then set as the ... nested objects, thereby increasing the complexity of the output line The only difference between the generated code for this statement and most of the other supported languages is the addition of...

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Tài liệu COMMUNICATION FROM THE COMMISSION TO THE COUNCIL AND THE EUROPEAN PARLIAMENT Innovation in a knowledge-driven economy ppt

Ngày tải lên : 16/01/2014, 16:33

... able to absorb them and profit from them Ensuring the existence of these conditions is the aim of innovation policy, the subject of this Communication 1.2 Need for the Communication The European ... and the Commission Since then, the trend towards globalisation and the knowledge -driven economy, exemplified by the rise of the Internet, has accelerated As recognised by the Lisbon European Council, ... intervention of the Structural Funds The 1999 reorganisation of the Commission saw innovation policy allocated to the new Enterprise DG, together with responsibility for implementation of the “promotion...

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Tài liệu Strictly Confidential -The Private Volker Fund Memos of Murray N. Rothbard doc

Ngày tải lên : 16/02/2014, 07:20

... latter happens, the gathering of money begins to become the end, not the means, and the organization begins to take on the dimension of a “racket.” Phase III: The Emergence of the Volker Fund Concept ... State is abolished at the same time? The socialists proclaim the glory of the State and the use of the State to abolish private property—for them the dilemma does not exist The orthodox Marxist ... or organization from the 1940s to the 1990s, from the Foundation for Economic Education to the Volker Fund, to the Institute for Humane Studies, to the Libertarian Party, to the Center for Libertarian...

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Tài liệu Report of the Committee on Comprehensive Review of National Small Savings Fund doc

Ngày tải lên : 16/02/2014, 10:20

... and the debt management objective of the minimisation of cost of borrowings of the Centre and the States on the other Further, the issue of the sharing of the cost of small savings collections ... asymmetry between the effective interest rates to the States and the Centre and the difference between the cost to the NSSF and the States In view of the continued asymmetry in the average rate ... of the decision taken in the third meeting, the Committee solicited the views of the Southern and the Western States in its fourth meeting held on October 22, 2010 at RBI Chennai and the Northern,...

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Tài liệu DEMOCRATIZING THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK: GOVERNANCE AND ACCOUNTABILITY pptx

Ngày tải lên : 16/02/2014, 11:20

... recourse They have no way of expressing their dissatisfaction with the policies that were pursued other than to throw out of ofﬁce the governments responsible for implementing them But the IMF the ... the left and right agreed that the improvement in the efﬁciency of resource allocation and the increase in the supply of capital were at the heart of development They differed only as to whether ... things go well If things go poorly, the U.S government can shift blame either to the IMF or to the crisis country The IMF has the further virtue of costing the U.S taxpayer almost nothing Once...

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Tài liệu The RSpec Book: Behaviour Driven Development with Rspec, Cucumber, and Friends pptx

Ngày tải lên : 17/02/2014, 23:20

... earn a +- The + is for the in the second position in the guess, which matches the in the secret code in both number and position: an exact match The - is for the in the ﬁrst position in the guess, ... the same as one of the numbers in the secret code and in the same position A - indicates a number match: one of the numbers in the guess is the same as one of the numbers in the secret code but ... collaborative effort between the customer and the delivery team Sometimes they are written by the delivery team and then reviewed/approved by the customer In either case, they are customer facing...

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Tài liệu STRUCTURING ISRAEL’S SOVEREIGN INVESTMENT FUND: Financing the Nation’s Future ppt

Ngày tải lên : 19/02/2014, 09:20

... mainly due to the high GDP growth rate, instead of actual debt reduction On the other hand, the focus of the fund as a long-term generational savings fund obviates the need for the fund s focus ... e s 23 The Oil Stabilisation Fund was split into two funds: The Reserve Fund manages official reserves, while the second became the official sovereign wealth fund, the National Welfare Fund 31 ... of these funds have exceeded those of private equity funds and hedge funds Economists disagree among themselves on the very definition of a sovereign wealth fund, and therefore how many exist The...

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Tài liệu Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on Alternative Investment Fund Managers and amending Directives 2004/39/EC and 2009/…/EC ppt

Ngày tải lên : 19/02/2014, 09:20

... managed by the AIFM and book them on behalf of the AIFM in a segregated account; verify whether the AIF or the AIFM on behalf of the AIF has obtained the ownership of all other assets the AIF invests ... of the amount by which the value of the portfolios of the AIFM exceeds EUR 250 million Irrespective of the amount of the requirements set out in the first and second subparagraphs, the own funds ... Community; (b) whether the AIFM provides its services directly or by delegation; (c) whether the AIF belongs to the open-ended or closed-ended type; (d) the legal structure of the AIF and of the AIFM...

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Tài liệu HIGHLIGHTS OF THE AUTHORISATION REQUIREMENTS FOR FUND DISTRIBUTION IN HONG KONG doc

Ngày tải lên : 19/02/2014, 14:20

... regime acceptable to the website It should be noted that the SFC will consider other jurisdictions on their merits and may accept an undertaking from the management company that the books and records ... correspondence served by the investors on the scheme etc The Representative must: a) be licensed or registered under the SFO; or b) be a trust company registered under Part VIII of the Trustee Ordinance ... according to the table below Upon the granting of authorisation, it will also be required to pay an one-off authorisation fee and an annual fee on an ongoing basis Single Fund Umbrella Fund Subfund Application...

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Tài liệu A faulty model? What the Green Climate Fund can learn from the Climate Investment Funds doc

Ngày tải lên : 19/02/2014, 15:20

... statements and other reports required by the Board of the Green Climate Fund .13 In this limited role the trustee holds the money for donors and disburses it as instructed by the fund s board The trustee ... implementation What the Green Climate Fund can learn from the Climate Investment Funds suggest that the CIFs would be a good ‘best practice’ model for funding windows under the GCF.”7 In Cancún the Bank ... by the Bretton Woods Project and other groups has shown, there are numerous issues and concerns around the operations of the CIFs These include, but are not limited to: the accountability of the...

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Tài liệu Financial Stability Oversight Council’s Proposed Recommendations Regarding Money Market Mutual Fund Reform (the “Proposal”), FSOC–2012–0003, 77 FR 69455, November 19, 2012. ppt

Ngày tải lên : 19/02/2014, 15:20

... by fund sponsors A recent study by Federal In the week after the Reserve Primary Fund broke the buck on September 16, 2008, investors redeemed over $320 billion from prime funds (15% of prime fund ... that fundamental change to the current MMF structure is necessary and that each of the reforms contained in the Proposal has the potential to increase the resiliency of MMFs and reduce their ... may be optimal for them to liquidate their portfolio and sacrifice their MBR in order to avoid perceived losses greater than their MBR and the NAV buffer 26 In the Proposal, the NAV buffers are...

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Tài liệu THOUGHTS FROM THE BOARDROOM PWC MUTUAL FUND DIRECTORS ROUNDTABLE 2012 HIGHLIGHTS ppt

Ngày tải lên : 19/02/2014, 15:20

... of their fiduciary responsibilities, mutual fund directors have a keen interest in facilitating effective management of the risks undertaken by the adviser in the funds they oversee Within the ... are looking to see whether advisers have a relationship with them If the advisers have such relationships, then the SEC may make further inquiries about the relationship and the information that ... problems? Does the program address current and emerging regulatory focus areas? Fund governance/ information flow Has the fund board created an effective relationship with the fund CCO? Do the fund CCO...

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Government Incentivisation of Higher Education-Industry Research Partnerships in South Africa. An Audit of THRIP and the Innovation Fund pptx

Ngày tải lên : 06/03/2014, 05:22

... partners; • The perceived benefits of the relationships funded by THRIP and the Innovation Fund; • The management of the HE-industry linkage; • The outputs of the HE-industry linkages; • The sustainability ... documents useful for the study A list of all the documents is included in the Bibliography Discussion with the Director of the Innovation Fund indicated that the Innovation Fund had limited documents ... funded, the discipline in which they were funded and the names and contact numbers of the higher education beneficiaries A questionnaire was designed to gather from these beneficiaries the same...

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The six business models for copyright infringement: A data-driven study of websites considered to be infringing copyright docx

Ngày tải lên : 06/03/2014, 21:20

... determine their characteristics Among other things, we investigate how they function, how they are funded, where they are hosted, what kinds of content they offer, and how large their user bases are The ... study These metrics gathered information on the size and growth of each site, the type of content offered, how users navigated to them, their network arrangements, their sources of revenue, their ... providers The interactions are described in the model below, Figure 4-4 Figure 4-4: The actors and their relationships who have a role in the websites Further researching the actors, the extreme...

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Báo cáo khoa học: Spectroscopic investigation of the reaction mechanism of CopB-B, the catalytic fragment from an archaeal thermophilic ATP-driven heavy metal transporter potx

Ngày tải lên : 07/03/2014, 00:20

... intermediate The phosphorylated E1 state switches to the phosphorylated E2 state with low afnity for the substrate ion, which is released to the other side of the membrane after hydrolysis of the phosphoryl ... (4) b For mant-ATP in the absence of competitor, the value for Kdiss is given GTP showed afnities in the same order of magnitude On the other hand, ADP, the product of the ATPase reaction, bound ... (bottom) The hatched zones indicate the loss of c-ATP in the precursor state and the formation of inorganic phosphate at the nal stage of the phosphatase reaction k)2 =1.0 ã 10)4 s)1 (Table 3) The...

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REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on the Cohesion Fund and repealing Council Regulation (EC) No 1084/2006 pot

Ngày tải lên : 07/03/2014, 16:20

... provisions on the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the European Agricultural Fund for Rural Development and the European Maritime and Fisheries Fund covered ... for the action of the Structural Funds and the Cohesion Fund It is necessary to specify the objectives of the Cohesion Fund in relation to the new framework for its action and in relation to the ... the Cohesion fund/ Structural Funds and the new rules of budgetary surveillance of the Stability and Growth Pact EN Communication from the Commission to the European Parliament, the Council, the...

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HOW TO START A HEDGE FUND IN THE EU 2012 ppt

Ngày tải lên : 07/03/2014, 16:20

... units/shares in the Irish Master Fund, which fluctuate in value in accordance with the performance of the assets at the Irish Master Fund level The liquidity at the level of the feeder funds and the Irish ... In other words, the manager has to comfort the investor that he knows what he is doing and that the risks they are buying are all in the strategy and not in the infrastructure them to build the ... between the promoter, the legal advisers and the other service providers and then executed and filed with the Central Bank Provided that the documentation is filed by 3pm on the day prior to the...

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Trends in the European Investment Fund Industry in the First Quarter of 2011 docx

Ngày tải lên : 07/03/2014, 16:20

... which data are available; (2) including funds o f funds, except fo r France, Germany and Italy fo r which the funds o f funds data are ) included in the o ther fund catego ries; (3) 'To tal' includes ... inflows Table Net Sales of UCITS (1) Equity Mem bers Bond Balanced Money Market Other Funds Funds Funds Funds Funds (2) Q4 2010 Austria Q1 2011 Q4 2010 Q1 2011 Q4 2010 Q1 2011 Q4 2010 Q1 2011 ... Equity Balanced Total Equity & Balanced Funds of funds (3) Other Total (excl Ireland & Netherlands) of w hich guaranteed funds Total (incl Ireland & Netherlands) Quarterly Change (2) Share %...

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Trends in the European Investment Fund Industry in the First Quarter of 2012 doc

Ngày tải lên : 07/03/2014, 16:20

... including funds o f funds, except fo r France, Germany and Italy fo r which the funds o f funds data are ) included in the o ther fund catego ries; (3) net sales o f no n-UCITS are included in "o ther" ... attributable to balanced funds in Italy and to equity funds in Germany Table Net Sales of UCITS (1) Equity Mem bers Bond Balanced Money Market Other Funds Funds Funds Funds Funds (2) Q4 2011 Austria ... in the UCITS Market Net Sales by Investment Type ECB liquidity operations during the quarter assuaged investor confidence somewhat during the quarter, nevertheless the low net sales of equity funds...

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