YOUR GUIDE TO HOW WE RISK RATE OUR FUNDS
|
|
- Dylan Caldwell
- 5 years ago
- Views:
Transcription
1 For Athora Ireland customers YOUR GUIDE TO HOW WE RISK RATE OUR FUNDS We re introducing a new approach to how we risk rate funds. The use of our new risk rating methodology in all our funds will begin with the release of our Quarter 4 fund factsheets. This approach to risk rating is broadly based on guidelines issued by the European Securities and Markets Authority (ESMA) but with some differences, which we explain later. SUMMARY OF OUR NEW RISK RATING APPROACH Funds are rated on a seven point scale, going from Very low risk to Very high risk. A fund s volatility over the previous five years (or a shorter period if a five-year performance track record isn t available) is calculated and a fund is then categorised into an appropriate risk rating scale. The table below shows the rating scale and the corresponding volatility band. We review the risk ratings of each of our funds yearly. Please note that we re only changing the way in which we assess and display our fund risk ratings. The objective of each fund remains unchanged. Scale Volatility bands 0-0.5% 0.5-2% 2-5% 5-10% 10-15% 15-25% 25% + Risk rating Very low risk Low risk Low to medium risk Medium to high risk High risk Very high risk Return aim In line with deposits In line with or slightly better than deposits Excess of deposits and possibly beats inflation Average returns and higher than deposit rates or inflation Above average returns and higher than deposits or inflation Significantly higher than deposits and inflation with high return potential over the long term The highest return potential over the long term A table at the end of this document shows the risk ratings of our funds published in our Quarter 3 fund factsheets, which was the last time the old methodology was used. This table also shows the risk rating of each fund based on our new risk rating methodology. WHAT S VOLATILITY? Volatility is a measure of how a fund s value fluctuates over time. A fund whose value has changed a lot would have a higher calculated volatility. The measure is often used to refer to how uncertain the return on a fund has been.
2 IMPORTANT FEATURES OF OUR RISK RATING APPROACH Our risk rating is based only on historic data and future volatility could differ for a number of reasons. A fund s risk rating shouldn t be relied on to indicate whether a fund is suitable for you or not. Your risk appetite will also be affected by factors such as your savings needs, your financial circumstances and how long you have to save. For advice as to whether a fund is suitable for you, please speak to your financial adviser. As with any type of investment, the value can fall as well as rise and isn t guaranteed. You could get back less than you invest and there s no guarantee that fund objectives will be met. In particular, there are specific risks such as liquidity which our new risk rating approach doesn t capture. For example, certain funds can be suspended and it may not be possible to sell units at this time. Other risks not specifically captured are counterparty risk or the risk of default. This could be the risk that a company such as a bank or building society, can t meet is liabilities and the amount you get back could be less than that invested. Further details are provided under the Risks which aren t taken into account in our risk ratings section below. It s also important to note that a fund s risk rating can change over time. For example it can move between volatility bands as the calculated historic volatility will vary over time, and factsheets will be updated if required, when a yearly review of risk ratings has been completed. DIFFERENCES TO THE ESMA APPROACH The approach to risk rating is broadly based on the ESMA approach. The key differences between this and our new approach include: The ESMA guidelines apply to Undertakings for Collective Investment in Transferable Securities (UCITs) funds which don t invest directly in property. We use our approach for all of our funds including those which invest directly in property. The ESMA guidelines don t rely solely on historic volatility for all funds, for example absolute return funds and funds which have objectives such as targeting a specific level of risk. We use our approach on all our funds including these types of funds. Further detail on the ESMA guidelines is available by referring to the following document published by ESMA: RISKS WHICH AREN T TAKEN INTO ACCOUNT IN OUR RISK RATINGS Credit risk A fund may invest in bonds or other types of debt. Bonds are essentially loans to companies, governments or local authorities so there s a risk that these companies or government bodies may default on the loan. Bonds are rated in terms of quality, usually from AAA downwards in letter grades. AAA is the highest quality and therefore the least likely to default and lower grades have increased vulnerability to default. Where we have it, we ll show the credit quality of the loans held by this fund in the Where the fund invests section of the appropriate fund factsheet. Currency risk If a fund invests overseas its value will go up and down in line with changes in currency exchange rates. This could be good for the fund or bad, particularly if exchange rates are volatile. Property risk If a fund invests in property, there s a risk you may not be able to cash in your investment when you want to. We may have to delay your payment for up to 12 months if market conditions make it hard for the manager of the fund to sell properties at a fair price. You should also be aware that property funds can experience larger Page 2 of 10
3 short-term price movements (up or down) than other types of fund, either due to changes in valuations (which are a matter of an independent valuer s opinion rather than fact) or as a result of a change in the valuation basis. As a result, property may be better suited for long-term investment of at least five years. Third-party risk In the event that the underlying investments which the fund invests in suspend trading, we may defer trading and/or payment to investors. The value payable will depend on the amount we receive or expect to receive from the underlying investments. Interest-rate risk Interest rate changes could affect the value of bond investments. Where long-term interest rates rise, the value of bonds are likely to fall, and vice versa. Derivative risk Some of our funds may use derivatives in a number of ways to achieve its objectives. Derivatives are an arrangement or product - such as a future, option, or warrant whose value derives from and is dependent on the value of an underlying asset, such as a commodity, currency, or security. It allows a manager to buy or sell an investment at a specified future date for a specified price. However, this means the fund could be exposed to additional risks if the market moves up when the manager expected it to go down or vice versa. If you have any questions about the changes or the funds you re invested in, please speak to your financial adviser. Page 3 of 10
4 REVISED AND PREVIOUS RISK RATINGS FOR OUR FUNDS The table below shows each fund s rating along with its rating under the previous rating approach. Fund name Aegon International 40/60 Core Portfolio v1 Series A Aegon International 50/50 Core Portfolio v1 Aegon International 50/50 Core Portfolio (Series B) Below average Below average Below average at Quarter 4 Aegon International 60/40 Core Portfolio v1 Below average Aegon International 60/40 Core Portfolio (Series B) Below average Aegon International 60/40 Core Portfolio (Series C) Below average Aegon International 70/30 Core Portfolio v1 Low Aegon International 70/30 Core Portfolio (Series B) Low Aegon International 70/30 Core Portfolio (Series C) Low Aegon International 80/20 Core Portfolio v1 Low Low to medium risk Aegon International 80/20 Core Portfolio (Series B) Low Low to medium risk Aegon International 80/20 Core Portfolio (Series C) Low Low to medium risk Aegon International Adventurous Select Portfolio Above average Aegon International Adventurous Select Portfolio (Series B) Above average Aegon International Euro Cash B Minimal Very low risk Aegon International Aberdeen Asia Pacific Equity Aegon International Aberdeen Asia Pacific Equity (Series B) Aegon International Aberdeen Emerging Markets Aegon International Aberdeen Emerging Markets (Series B) (Closed to new investors) Aegon International Absolute Insight Equity Market Neutral Low Low risk Aegon International Absolute Insight Equity Market Neutral Low Low risk (Series B) Aegon International Artemis Income Above average Aegon International Artemis Income (Series B) Above average Aegon International Artemis UK Special Situations Above average High risk Aegon International Artemis UK Special Situations (Series B) Above average High risk Aegon International Axa Framlington American Growth Above average High risk Aegon International Axa Framlington American Growth (Series B) Above average High risk Aegon International Axa Framlington UK Selected Opportunities Above average High risk Aegon International Baillie Gifford Balanced Managed Average Aegon International Baillie Gifford Balanced Managed (Series B) Average Aegon International Baillie Gifford International Above average Page 4 of 10
5 at Quarter 4 Aegon International Baillie Gifford International (Series B) Above average Aegon International Baillie Gifford Stockmarket Managed Above average Aegon International Baillie Gifford Stockmarket Managed (Series B) Above average Aegon International BGI Tracker 1 Below average Aegon International BGI Tracker 2 Below average Aegon International BGI Tracker 3 Below average Aegon International BlackRock Balanced Managed Average Aegon International BlackRock Balanced Managed (Series B) Average Aegon International Emerging Markets Equity Tracker High risk Aegon International Emerging Markets Equity Tracker (Series B) High risk Aegon International BlackRock European Dynamic Above average High risk Aegon International BlackRock European Dynamic (Series B) Above average High risk ) Aegon International BlackRock Gold and General Very high risk Aegon International BlackRock Gold and General (Series B) Very high risk Aegon International BlackRock UK Special Situations Above average High risk Aegon International BlackRock UK Special Situations (Series B) Above average High risk Aegon International BlackRock UK Above average Aegon International BlackRock UK Absolute Alpha Below average Aegon International BlackRock UK Absolute Alpha (Series B) Below average Aegon International BlackRock UK (Series B) Above average Aegon International Fidelity European Above average Aegon International Fidelity European (Series B) Above average Aegon International Fidelity MoneyBuilder Income Below average Low to Aegon International Fidelity MoneyBuilder Income (Series B) Below average Low to Aegon International Fidelity Asia Aegon International Fidelity Asia (Series B) Aegon International Stewart Investors Asia Pacific Leaders Aegon International Stewart Investors Asia Pacific Leaders (Series B) Aegon International Man GLG Balanced Managed Average Aegon International Man GLG Balanced Managed (Series B) Average Aegon International Man GLG Japan CoreAlpha Above average High risk Aegon International Man GLG Japan CoreAlpha (Series B) Above average High risk Aegon International Man GLG Stockmarket Managed Above average Aegon International Man GLG Stockmarket Managed (Series B) Above average Aegon International Henderson Cautious Managed Below average Aegon International Henderson Cautious Managed (Series B) Below average Aegon International Henderson Emerging Markets Opportunities (Series B) Aegon International Henderson Emerging Markets Opportunities Page 5 of 10
6 Aegon International Henderson European Selected Opportunities Above average at Quarter 4 Aegon International Henderson Strategic Bond Below average Low to medium risk Aegon International Henderson Strategic Bond (Series B) Below average Low to medium risk Aegon International Henderson UK Absolute Return Below average Low to medium risk Aegon International Henderson UK Absolute Return (Series B) Below average Low to medium risk Aegon International Invesco Perpetual Balanced Managed Average Aegon International Invesco Perpetual Balanced Managed (Series B) Average Aegon International Invesco Perpetual Asian Aegon International Invesco Perpetual Asian (Series B) Aegon International Invesco Perpetual Corporate Bond Below average Low to Aegon International Invesco Perpetual Corporate Bond (Series B) Below average Low to Aegon International Invesco Perpetual Income Above average Aegon International Invesco Perpetual Income (Series B) Above average Aegon International Invesco Perpetual Stockmarket Managed Above average Aegon International Invesco Perpetual Stockmarket Managed Above average (Series B) Aegon International Investec Asia ex Japan Aegon International Investec Asia ex Japan (Series B) Aegon International Investec Cautious Managed Below average Aegon International Investec Cautious Managed (Series B) Below average Aegon International JPMorgan Emerging Markets High risk Aegon International JPMorgan Emerging Markets (Series B) High risk Aegon International JPMorgan Global (ex-uk) Bond Below average Low to medium risk Aegon International JPMorgan Global (ex-uk) Bond (Series B) Below average Low to medium risk Aegon International JPMorgan Natural Resources High risk Aegon International JPMorgan Natural Resources (Series B) High risk Aegon International JPMorgan US Above average High risk Aegon International JPMorgan US (Series B) Above average High risk Aegon International Jupiter European Special Situations Above average Aegon International Jupiter European Special Situations (Series B) Above average Aegon International Jupiter Japan Income Above average High risk Aegon International Jupiter Japan Income (Series B) Above average High risk Aegon International Kames Enhanced Corporate Bond Below average Low to medium risk Aegon International Kames Enhanced Corporate Bond (Series B) Below average Low to medium risk Aegon International Kames Ethical Corporate Bond Below average Low to medium risk Aegon International Kames Ethical Corporate Bond (Series B) Below average Low to medium risk Aegon International Kames High Yield Bond Above average Low to medium risk Aegon International Kames High Yield Bond (Series B) Above average Low to medium risk Aegon International Kames Investment Grade Bond Below average Low to medium risk Aegon International Kames Investment Grade Bond (Series B) Below average Low to medium risk Aegon International Kames Sterling Corporate Bond (Series B) Below average Low to medium risk Page 6 of 10
7 at Quarter 4 Aegon International Kames Sterling Corporate Bond Below average Low to medium risk Aegon International Kames UK Smaller Companies Above average Aegon International Kames UK Smaller Companies (Series B) Above average Aegon International Lazard Emerging Markets Aegon International Lazard Emerging Markets (Series B) Aegon International Lazard European Alpha Above average Aegon International Lazard European Alpha (Series B) Above average Aegon International Lazard Managed Equity Above average Aegon International Lazard Managed Equity (Series B) Above average Aegon International Lazard UK Alpha Above average Aegon International Lazard UK Alpha (Series B) Above average Aegon International Legal & General UK Property Below average Aegon International Legal & General UK Property (Series B) Below average Very high risk Aegon International London & Capital Multi Strategy Low Aegon International London & Capital Multi Strategy II Average Aegon International M&G Corporate Bond Below average Aegon International M&G Corporate Bond (Series B) Below average Aegon International M&G Global Emerging Markets High risk Aegon International M&G Global Emerging Markets (Series B) High risk Aegon International M&G Optimal Income Below average Low to medium risk Aegon International M&G Optimal Income (Series B) Below average Low to medium risk Aegon International M&G Strategic Corporate Bond Below average Low to medium risk Aegon International M&G Strategic Corporate Bond (Series B) Below average Low to medium risk Aegon International M&G Property Portfolio Below average Aegon International M&G Property Portfolio (Series B) Below average Aegon International Newton Balanced Managed Average Aegon International Newton Balanced Managed (Series B) Average Aegon International Newton Global Income Above average Aegon International Newton Global Income (Series B) Above average Aegon International Newton UK Income Above average Aegon International Newton UK Income (Series B) Above average Aegon International Newton International Bond A Average Low to medium risk Aegon International Newton International Bond B Average Low to medium risk Aegon International Newton Managed Above average Aegon International Newton Managed (Series B) Above average Aegon International Newton Real Return Above average Low to medium risk Aegon International Newton Real Return (Series B) Above average Low to medium risk Aegon International Newton UK Equity Above average Aegon International Newton UK Equity (Series B) Above average Aegon International Old Mutual Global Strategic Bond Above average Low to medium risk Aegon International Old Mutual Global Strategic Bond (Series B) Above average Low to medium risk Aegon International Old Mutual UK Smaller Companies Above average High risk Aegon International Overseas Government Bond Tracker Above average Low to medium risk Aegon International Overseas Corporate Bond Tracker Above average Low to medium risk Page 7 of 10
8 at Quarter 4 Aegon International Schroder Absolute Return Bond Below average Aegon International Schroder Absolute Return Bond (Series B) Below average Aegon International Schroder Asian Alpha Plus Aegon International Schroder Asian Alpha Plus (Series B) Aegon International Schroder European Alpha Plus Above average High risk Aegon International Schroder European Alpha Plus (Series B) Above average High risk Aegon International Schroder European Opportunities Above average High risk Aegon International Schroder European Opportunities (Series B) Above average High risk Aegon International Schroder Global Property Securities Above average Aegon International Schroder Global Property Securities (Series B) Above average Aegon International Schroder Income Above average Aegon International Schroder Income (Series B) Above average Aegon International Schroder Tokyo Above average High risk Aegon International Schroder Tokyo (Series B) Above average High risk Aegon International Schroder UK Alpha Plus Above average High risk Aegon International Schroder UK Alpha Plus (Series B) Above average High risk Aegon International Schroder UK Corporate Bond Below average Aegon International Schroder UK Corporate Bond (Series B) Below average Aegon International Schroder UK Mid 250 Above average High risk Aegon International Schroder UK Mid 250 (Series B) Above average High risk Aegon International Schroder US Mid Cap Above average Aegon International Schroder US Mid Cap (Series B) Above average Aegon International Somerset Global Emerging Markets Aegon International Templeton Global Total Return Bond Above average Aegon International Templeton Global Total Return Bond (Series B) Above average Aegon International Threadneedle American Above average High risk Aegon International Threadneedle American (Series B) Above average High risk Aegon International Threadneedle UK Equity Income Above average Aegon International Threadneedle UK Equity Income (Series B) Above average Aegon International Threadneedle UK Property Trust Below average Aegon International Threadneedle UK Property Trust (Series B) Below average Aegon International UBS Balanced Managed Average Aegon International UBS Balanced Managed (Series B) Average Aegon International UBS Global Emerging Markets High risk Aegon International UBS Global Emerging Markets (Series B) High risk Aegon International UBS US Equity Above average High risk Aegon International UBS US Equity (Series B) Above average High risk Aegon International Asian Equity Select Portfolio Aegon International Asian Equity Select Portfolio (Series B) Aegon International Balanced Manager of Managers - Series A Average Aegon International Balanced Manager of Managers - Series B Average Aegon International Balanced Passive Average Page 8 of 10
9 at Quarter 4 Aegon International Balanced Passive (Series B) Average Aegon International Balanced Plus Select Portfolio Average Aegon International Balanced Plus Select Portfolio (Series B) Below average Aegon International Balanced Select Portfolio Below average Aegon International Balanced Select Portfolio (Series B) Average Aegon International 50/50 Cautious Managed Collection Below average Aegon International 50/50 Cautious Managed Collection (Series B) Below average Aegon International 60/40 Cautious Managed Collection Below average Low to medium risk Aegon International 60/40 Cautious Managed Collection (Series B) Below average Low to medium risk Aegon International Continental European Equity Tracker Above average High risk Aegon International Continental European Equity Tracker (Series B) Above average High risk Aegon International 70/30 Defensive Managed Collection Low Low to medium risk Aegon International 70/30 Defensive Managed Collection (Series B) Low Low to medium risk Aegon International 80/20 Defensive Managed Collection Low Low to medium risk Aegon International 80/20 Defensive Managed Collection (Series B) Low Low to medium risk Aegon International European Equity Select Portfolio Above average Medium to High risk Aegon International European Equity Select Portfolio (Series B) Above average Medium to High risk Aegon International External Balanced Collection Average Aegon International External Balanced Collection (Series B) Average Aegon International External Stockmarket Collection Above average Aegon International External Stockmarket Collection (Series B) Above average Aegon International Global Emerging Markets Equity Select Portfolio Aegon International Global Emerging Markets Equity Select Portfolio (Series B) Aegon International Growth Plus Select Portfolio Above average Aegon International Growth Plus Select Portfolio (Series B) Above average Aegon International Growth Select Portfolio Above average Aegon International Growth Select Portfolio (Series B) Above average Aegon International Horizon - Series A Average Aegon International Bond Select Portfolio Below average Low to medium risk Aegon International Bond Select Portfolio (Series B) Below average Low to medium risk Aegon International Japan Equity Tracker Above average High risk Aegon International Japan Equity Tracker (Series B) Above average High risk Aegon International Japanese Equity Select Portfolio Above average High risk Aegon International Japanese Equity Select Portfolio (Series B) Above average High risk Aegon International Managed Risk Portfolio Balanced Average Aegon International Managed Risk Portfolio Cautious Below average Aegon International Managed Risk Portfolio Defensive Low Low to medium risk Aegon International North American Equity Select Portfolio Above average Aegon International North American Equity Select Portfolio Above average (Series B) Aegon International North American Equity Tracker Above average Page 9 of 10
10 at Quarter 4 Aegon International North American Equity Tracker (Series B) Above average Aegon International Pacific Ex-Japan Equity Tracker High risk Aegon International Pacific Ex-Japan Equity Tracker (Series B) High risk Aegon International Property Below average Very high risk Aegon International Property (Series B) Below average Very high risk Aegon International Property Select Portfolio Below average Aegon International Property Select Portfolio (Series B) Below average Aegon International Prospect - Series A Below average Aegon International Select Distribution Below average Aegon International Select Distribution (Series B) Below average Aegon International Select Reserve Low Low to medium risk Aegon International Select Reserve (Series B) Low Low to medium risk Aegon International Short-Term Bond Low Low risk Aegon International Short-Term Bond (Series B) Low Low risk Aegon International UK Cash Minimal Very Low risk Aegon International UK Cash (Series B) Minimal Very Low risk Aegon International UK Cash (Series C) Minimal Very Low risk Aegon International UK Corporate Bond Below average Low to medium risk Aegon International UK Corporate Bond (Series B) Below average Low to medium risk Aegon International UK Corporate Bond Select Portfolio Below average Low to medium risk Aegon International UK Corporate Bond Select Portfolio (Series B) Below average Low to medium risk Aegon International UK Deferred Distribution Below average Aegon International UK Deferred Distribution (Series B) Below average Aegon International UK Equity Select Portfolio Above average Aegon International UK Equity Select Portfolio (Series B) Above average Aegon International UK Fixed Interest Below average Aegon International UK Fixed Interest (Series B) Below average Aegon International UK Fixed Interest (Series C) Below average Low to medium risk Aegon International UK Government Bond Below average Aegon International UK Government Bond (Series B) Below average Aegon International UK Index Tracker Above average Aegon International UK Index Tracker (Series B) Above average Aegon International Universal Balanced Collection Average Aegon International Universal Balanced Collection (Series B) Average Aegon International Vantage - Series A Below average Aegon International Vista - Series A Below average Athora Ireland plc, registered office: 2nd Floor IFSC House, Custom House Quay, Dublin, D01 R2P9, Ireland. Registered in Ireland (No ). Authorised by the Central Bank of Ireland and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request. ATH_AI /18
Unit Fund Link Performance Bulletin
Performance Bulletin 04 March 2017 04 March 2017 page 1 of 14 Australian Dollar (AUD) R01 HIL Australian Dollar Deposit 01//1996 0.14 0.14 0/0/2017-0.07-0. -0.69-1.2-2.26.47 4 1.77 Swiss Franc (CHF) D02
More informationUnit Fund Link Performance Bulletin
Performance Bulletin 29 April 201 29 April 201 page 1 of 1 Australian Dollar (AUD) R01 HIL Australian Dollar Deposit 01//1996 0.14 0.16 27/04/201-0.07-0.21-0.4-1.09-1.77 11.2 44.6 2.01 Swiss Franc (CHF)
More informationUnit Fund Link Performance Bulletin
Performance Bulletin May 207 May 207 page of 2 Australian Dollar (AUD) R0S2 HIL (S2) Australian Deposit 0/02/204 0.96.0 09/0/207-0. -0.6 -.9 -.06 n/a n/a -.7 n/a Euro (EUR) MX0S2 HIL (S2) JP Morgan Emerging
More informationPENSION FUND PERFORMANCE. April royallondon.com. Investments
PENSION FUND PERFORMANCE Investments April 2018 royallondon.com PENSION FUND PERFORMANCE VS. BENCHMARK The following tables show the performance of the Royal London Unit Linked Pension fund range. Each
More informationUnit Fund Link Performance Bulletin
Performance Bulletin 07 May 2014 07 May 2014 page 1 of 12 Australian Dollar (AUD) R01 HIL Australian Dollar Deposit 01//1996 0.14 0.16 0/0/2014 0-0.14-0.4-1.09-1.8 14.98 4.1 2.14 Swiss Franc (CHF) D02
More informationFund Performance Bulletin
Fund Performance Bulletin July 20, 200 July 20, 200 Page of 0 PATHFINDER B20 Hansard Pathfinder UK 29/0/99.27.72 -.78-2.7. -20...94 27.00 2.2 C20 Hansard Pathfinder America /2/98 0.9.04 -.40 -. 9.0 -.20
More informationFund Performance Bulletin
Fund Performance Bulletin August 24, 200 August 24, 200 Page of s s s 0 s PATHFINDER B20 Hansard Pathfinder UK 29/0/99.27.78-0. -0.. -.2 4.9 7.0 27.0 2.27 C20 Hansard Pathfinder America /2/98 0.98.09 0.2-2..
More informationUnit Fund Link Performance Bulletin
International Limited Performance Bulletin 06 February 201 06 February 201 page 1 of 9 International Limited Australian Dollar (AUD) R01 HIL Australian Dollar Deposit 01//1996 0.146 0.17 04/02/201 0-0.14-0.4-1.02
More informationUnit Fund Link Performance Bulletin
Performance Bulletin 12 February 2014 12 February 2014 page 1 of Australian Dollar (AUD) R01 HIL Australian Dollar Deposit 01//1996 0.14 0.16 /02/2014 0-0.21-0.41-1.16-1.89 16.44 4.2 2.17 Swiss Franc (CHF)
More informationFund Performance Bulletin
Fund Performance Bulletin April 0, 2007 April 0, 2007 Page of 0 PATHFINDER B20 Hansard Pathfinder UK 29/0/99.42..2 0.0 8.82 44. 4.8 N/A 4.20.99 C20 Hansard Pathfinder America /2/98.28.44 2.9 7.79 8.0 2.0
More informationFund Performance Bulletin
Fund Performance Bulletin March 7, 2009 March 7, 2009 Page of 2 s s s 0 s PATHFINDER B20 Hansard Pathfinder UK 29/0/99 0.98.02 -.0-7.9-24.0-29.77 -.72 N/A -.8-0.8 C20 Hansard Pathfinder America /2/98 0.744
More informationMERCER SUPER INVESTMENT TRUST QUARTERLY REPORT THREE MONTHS TO 30 JUNE 2017
MERCER SUPER INVESTMENT TRUST QUARTERLY REPORT THREE MONTHS TO 30 JUNE 2017 Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533, Australian Financial Services Licence #235906 is the trustee
More informationSuncorp WealthSmart Investment Options Performance Report
Suncorp WealthSmart Personal Super as at 31 December 2015 Suncorp WealthSmart Investment Options Performance Report Initial Cash Flow FYTD 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
More informationThe Anatomy of Bull and Bear Markets. Tom Vernon/James Hutton
The Anatomy of Bull and Bear Markets Tom Vernon/James Hutton Recent market correction in context of long-term returns S&P 500 2900 DURATION: 9 DAYS 2850 2800 2750 2700 2650 MAGNITUDE: -10.2% 2600 2550
More informationRelevance of Questions from past Level III Essay Exams
This document attempts to identify questions from past Level III essay exams which are still relevant in 2018. There is no guarantee that the information presented here is 100% accurate. If you have any
More informationPresentation half-year results 2012
Presentation half-year results 2012 Okura Hotel, Amsterdam 26 July 2012 René J. Takens, CEO Hielke H. Sybesma, CFO Jeroen M. Snijders Blok, COO Agenda 1. Accell Group in H1 2012 2. Accell Group share 3.
More informationSPECIAL DIVIDEND OF MUELLER INDUSTRIES, INC.
MUELLER INDUSTRIES, INC. SPECIAL DIVIDEND OF MUELLER INDUSTRIES, INC. This document is being provided to stockholders of Mueller Industries, Inc. (a corporation that we refer to as Mueller, we, our or
More informationXcel Energy (Baa3/BBB-)
January 28, 2004 Fixed Income Research Recommendation: Market Perform Credit Trend: Improving Jacob P. Mercer, CFA Senior Research Analyst 612-303-1609 jacob.p.mercer@pjc.com Mark D. Churchill Associate
More informationA Giant Producer, & An Emerging Giant Consumer/Investor. Hong Liang
A Giant Producer, & An Emerging Giant Consumer/Investor China s Role in Global Trade and Investment Hong Liang Chief Economist, Head of Research October, 2016 I China: A global manufacturing power house,
More informationSPECIAL DIVIDEND OF MUELLER INDUSTRIES, INC.
MUELLER INDUSTRIES, INC. SPECIAL DIVIDEND OF MUELLER INDUSTRIES, INC. This document is being provided to stockholders of Mueller Industries, Inc. (a corporation that we refer to as Mueller, we, our or
More informationBrookfield Asset Management O AK T R E E ACQUISITION M A R C H 1 3,
Brookfield Asset Management O AK T R E E ACQUISITION M A R C H 1 3, 2 0 19 Transaction Summary On March 13, 2019, Brookfield Asset Management ( BAM ) and Oaktree Capital Group ( OAK ) announced an agreement
More informationCHAIRMAN S LETTER 1 INTRODUCTION 3 2 PROFILE AEGON PROFILE REPORT SCOPE 5
CONTENTS CHAIRMAN S LETTER 1 1 INTRODUCTION 3 2 PROFILE 4 2.1 AEGON PROFILE 4 2.2 REPORT SCOPE 5 3 ECONOMIC PERFORMANCE 6 3.1. POLICYHOLDERS 6 3.2. EMPLOYEES 6 3.3. CAPITAL PROVIDERS 7 3.4. SUPPLIERS AND
More informationWeb.com Completes Acquisition of Yodle Deal strengthens Web.com s portfolio of products that help small businesses compete and succeed online
Web.com Group, Inc. 12808 Gran Bay Parkway West Jacksonville, FL 32258 T: (904) 680-6600 F: (904) 880-0350 NASDAQ: WEB Web.com Completes Acquisition of Yodle Deal strengthens Web.com s portfolio of products
More informationThe Merits of Diversification in Portfolio Management
The Merits of Diversification in Portfolio Management December 7, 2015 Hunter Meisenheimer, CFA Senior Vice President (901) 579-4578 Hunter.meisenheimer@raymondjames.com Intended for Institutional Clients
More informationImpacts of the Global Economy on Asia Pacific Travel. 29 June 2007 John Walker
Impacts of the Global Economy on Asia Pacific Travel 29 June 2007 John Walker jwalker@oxfordeconomics.com Oxford Economics Founded in 1981 Over 300 clients including blue chip companies and government
More informationThe Merits of Diversification in Portfolio Management
The Merits of Diversification in Portfolio Management April 14, 2016 Ellis Phifer, CFA, CMT Managing Director (901) 579-4831 Ellis.Phifer@raymondjames.com Intended for Institutional Clients Only See Page
More informationA Distant Mirror: Credit contraction, monetary policy and commodity prices during the Great Depression. John Kemp Reuters 30 January 2009
A Distant Mirror: Credit contraction, monetary policy and commodity prices during the Great Depression John Kemp Reuters 3 January 29 BORROWING BOOM IN 192s. FOLLOWED BY DE-LEVERAGING IN 193s U.S.$ bn
More informationCorporate and Investment Banking. Tariff Guide Domestic Business Effective 12 January 2017
Corporate and Investment Banking Tariff Guide Effective 12 January 2017 1 This Tariff Guide details hereunder the charges applicable to transactions offered by Standard Bank (Mauritius) Limited as from
More informationThe Corporate Life Cycle. Jeremy Thomas
The Corporate Life Cycle Jeremy Thomas Life Cycles 1 Life Cycles 2 Companies have a lifecycle 3 Companies have a lifecycle 40% 4 Investment process Idea generation Thematic Stock selection Stewardship
More informationA Primer on Factors Affecting Farmland Values
A Primer on Factors Affecting Farmland Values Federal Reserve Bank of Chicago David Oppedahl Business Economist 312-322-6122 david.oppedahl@chi.frb.org The economy hit bottom in June 2009, with hesitant
More informationWithdrawal from an Aegon General Investment Account (GIA) into an Aegon Junior ISA (JISA)
For customers Aegon Platform Withdrawal from an Aegon General Investment Account (GIA) into an Aegon Junior ISA (JISA) Before completing this form You must have been provided with an illustration, Aegon
More informationPresentation first-half results 2010
Presentation first-half results 2010 Okura Hotel, Amsterdam 23 July 2010 René J. Takens, CEO Hielke H. Sybesma, CFO Jeroen M. Snijders Blok, COO Agenda 1. Accell Group in H1 2010 2. Segments and countries
More informationU.S. Overview. Gathering Steam? Tuesday, October 1, 2013
U.S. Overview Gathering Steam? Tuesday, October 1, 2013 Uneven global economic recovery Annual real GDP growth projections (%) Projections 2013 2014 World 3.1 3.1 3.8 United States 2.2 1.7 2.7 Euro Area
More informationAegon ISA transfer application form
For customers Aegon Platform Aegon ISA transfer application form In this form, Aegon means Cofunds Limited and I, me, my, you and your refer to the applicant named in section 1. Use this form to transfer
More informationTrade Growth - Fundamental Driver of Port Operations and Development Strategies
Trade Growth - Fundamental Driver of Port Operations and Development Strategies Marine Terminal Management Training Program October 15, 2007 Long Beach, CA Paul Bingham Global Insight, Inc. 1 Agenda Economic
More informationDeutsche Bank. Consensus Report. 14 August 2018
Deutsche Bank Consensus Report 14 August 2018 Deutsche Bank Group P&L (in m) Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est.
More informationGlobal growth forecasts Key countries/regions,
Global growth forecasts Key countries/regions, 2014-2018 Percent 7 6 5 4 3 2 1 0 Developing Asia Sub-Saharan Africa Middle East and North Africa Latin America and the Caribbean United States Euro area
More informationPrice to Public (1) % $99,765,625
OFFERING CIRCULAR SUPPLEMENT (to Offering Circular Dated September 13, 1995) $100,000,000 Federal Home Loan Mortgage Corporation 6.65% Fixed Rate Debentures Due 2003 Redeemable in accordance with amortization
More informationMacro-economic risk and the outlook for aviation
Macro-economic risk and the outlook for aviation 25 th January 2018, Dublin Brian Pearce, Chief Economist, IATA www.iata.org/economics Macro matters 24% 20% Global GDP and RPK growth 12% 10% 16% 12% 8%
More informationECONOMIC CALENDAR 2010
J.P. Morgan ECONOMIC CALENDAR 2010 Release dates for US economic indicators and Treasury auctions J.P. Morgan ECONOMIC CALENDAR 2010 Release dates for US economic indicators and Treasury auctions This
More informationEurope June Craig Menear. Chairman, CEO & President. Diane Dayhoff. Vice President, Investor Relations
Europe June 2016 Craig Menear Chairman, CEO & President Diane Dayhoff Vice President, Investor Relations Forward Looking Statements and Non-GAAP Financial Measurements Certain statements contained in today
More informationAnnual results 2017 and strategy update. 09 March 2018
Annual results 2017 and strategy update 09 March 2018 Agenda 1. Highlights & Group performance 2017 2. Strategy update 3. Outlook 2018 March 9, 2018 Accell Group N.V. presentation annual results 2017 1
More informationAnnual results Accell Group 2016
Annual results Accell Group 2016 Amsterdam, 10 March 2017 René J. Takens, CEO Hielke H. Sybesma, CFO Agenda 1. Key results 2016 2. Strategy 3. Outlook 10 March 2017 Accell Group N.V. presentation annual
More informationLatin American Capital Markets:
Latin American Capital Markets: Stylized Facts, Recent Developments, and Issues FEDERAL RESERVE BANK OF NEW YORK October 18, 2007 Augusto de la Torre The World Bank Structure of presentation Medium-term
More informationDeutsche Bank. Consensus Report. 13 March 2018
Deutsche Bank Consensus Report 13 March 2018 Deutsche Bank Group P&L (in m) Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est. Average Minimum Maximum # est. Revenues
More informationEconomic Outlook March Economic Policy Division
Economic Outlook March 212 Economic Policy Division Real GDP Outlook Percent Change, Annual Rate 2 1 1 - -1 197 197 198 198 199 199 2 2 21 U.S. GDP Actual and Potential Quarterly, Q1 197 to Q4 211 Real
More informationRBC Economics Financial Update Dawn Desjardins
RBC Economics Financial Update Dawn Desjardins CICA/RBC Q4 2011 Business Monitor Economic Results Overview Business and Economic Optimism Begin to Stablize 100 % 80 % 60 % 40 % 20 % 0 % National Optimism
More informationThe U.S. Economy How Serious A Downturn? Nigel Gault Group Managing Director North American Macroeconomic Services
The U.S. Economy How Serious A Downturn? Nigel Gault Group Managing Director North American Macroeconomic Services Growth Is Cooling; But a Soft Landing Is Likely (Real GDP, annualized rate of growth)
More informationPublic Quantitative Disclosures for the quarter ending September 2018
CCIL Disclosures on Compliance with Principles for Financial Market Infrastructure Committee on Payments and Market Infrastructures Board of the International Organisation of Securities Commission Public
More informationInterim Results 30 June 2014
Interim Results 30 June 2014 Clarkson PLC 18 August 2014 Interim Results www.clarksons.com Agenda Headline results Divisional performance The market Outlook 18 August 2014 Interim Results www.clarksons.com
More informationEvidence That You Can Get Rich Through Stock Investing
Evidence That You Can Get Rich Through Stock Investing By Shawn Allen, CFA, CMA, MBA, P.Eng. President, InvestorsFriend Inc. Growth of $1000 Return 10 years 20 years 30 years 40 years 50 years -2.0% 817
More informationEXPERT GLOBAL TRUSTED
EXPERT GLOBAL TRUSTED Triland Metals is a London-based broker and market maker, specialising in the futures trading of non-ferrous metals. As 3 a long established Ring Dealing Member of the London Metal
More informationInternational Investment Position of Malta: 2016
21 March 2017 1100 hrs 050/2017 As at the end of 2016, the Maltese economy recorded a net International Investment Position of 4.7 billion. International Investment Position of Malta: 2016 Cut-off date:
More information5. Golf Industry Trends and Developments in the US 6. The US Macro Economy Factors and Impact over Golf Industry
TABLE OF CONTENTS 1. Golf Industry Performance Worldwide 1.1. Overview 1.2. Global Golf Equipment Demand and Economy 2. The US Golf Industry Overview 2.1. Industry Segmentation 3. Industry Performance
More informationThe Great Eastern Shipping Co. Ltd. Debt Investors Meet September 2016
The Great Eastern Shipping Co. Ltd. Debt Investors Meet September 2016 Corporate Profile The Great Eastern Shipping Company Shipping (Bulk) Offshore (Through wholly-owned subsidiary Greatship (India) Limited)
More informationRaymond James Institutional Investors Conference March 8, 2016
Raymond James Institutional Investors Conference March 8, 2016 Notices Forward-Looking Statements & Non-IFRS Financial Information All financial references are expressed in US$ unless otherwise noted.
More informationThe State of the Market for Growth Rounds in European Tech Companies
technology investment banking The State of the Market for Growth Rounds in European Tech Companies October 2018 silverpeakib.com Silverpeak LLP 2018 Silverpeak LLP is an authorised representative of Silverpeak
More informationUBS Annual Nordic Financial Services Conference Lars Aa. Løddesøl Group CFO - Storebrand
UBS Annual Nordic Financial Services Conference 2013 Lars Aa. Løddesøl Group CFO - Storebrand 1 The Storebrand Group 100% of investments assessed by sustainability criteria 2.200 employees 40.000 corporate
More informationQ PRESENTATION 18 OCTOBER 2018
Q3 2018 PRESENTATION 18 OCTOBER 2018 Group Highlights Q3 2018 Very strong growth in revenue and operating profit outside of Denmark. In Denmark, acceptance of self-cleaning in September allows Atea to
More informationReading the Tea Leaves: Investing for 2010 and Beyond
Reading the Tea Leaves: Investing for 2010 and Beyond Wednesday, April 28, 2010; 8:00 AM - 9:15 AM Moderator: Maria Bartiromo, Anchor, CNBC's Closing Bell With Maria Bartiromo Speakers: Nick Calamos, President
More informationSelected Interest & Exchange Rates
(5/517) Selected Interest & Exchange Rates Weekly Series of Charts i January 29, 1990 Prepared by the FINANCIAL MARKETS SECTION DIVISION OF INTERNATIONAL FINANCE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM
More informationASSETS Swiss Francs Swiss Francs
INTERNATIONAL SKATING UNION, LAUSANNE BALANCE SHEET AS OF DECEMBER 31, 2015 31.12.2015 31.12.2014 ASSETS Swiss Francs Swiss Francs Current Assets Cash 14'562.31 16'103.63 Post / Bank - current accounts
More informationWEALTH MANAGEMENT: ON YOUR TERMS
WEALTH MANAGEMENT: ON YOUR TERMS YOUR VISION FOR THE FUTURE While you actively build your personal wealth, it is also important to consider how you will protect those assets, generate income from them
More informationNSI Preliminary results
NSI Preliminary results Full Year 2017 30 January 2018 NSI will be the leading specialist in the Dutch office market, with a strong and efficient platform that will drive returns through pro-active asset
More informationFinancial results for Q4 and the full year 2016
Financial results for Q4 and the full year 2016 16 March 2017 Cyfrowy Polsat S.A. Capital Group Disclaimer This presentation may include forward-looking statements, understood as all statements (other
More informationEconomic Outlook: fear over fundamentals
ECONOMICS I RESEARCH Economic Outlook: fear over fundamentals April 2016 Craig Wright (SVP & Chief Economist) (416) 974-7457 craig.wright@rbc.com Volatility index Market volatility index, (VIX) 90 80 70
More informationOffshore Funds. UBS (Lux) Bond SICAV. Reports to Participators
Offshore Funds UBS (Lux) Bond SICAV Reports to Participators UBS (Lux) Bond SICAV Report of income for UK tax purposes Date: 22.11.2016 Dear Investor, This website comprises a report of income to investors
More informationMuhlenkamp & Company. Webinar December 1, Ron Muhlenkamp, Portfolio Manager Jeff Muhlenkamp, Portfolio Manager Tony Muhlenkamp, President
Muhlenkamp & Company Webinar December 1, 2016 Ron Muhlenkamp, Portfolio Manager Jeff Muhlenkamp, Portfolio Manager Tony Muhlenkamp, President Muhlenkamp & Company, Inc. Intelligent Investment Management
More informationA record Quarter and Year for the Group
14 January 2019 2018 and FY18 Trading Update Steve Ingham Kelvin Stagg Chief Executive Officer Chief Financial Officer A record Quarter and Year for the Group LSE: PAGE.L Website: http://www.page.com/investors
More informationThe U.S. Economic Recovery: Why so weak and what should be done? William J. Crowder Ph.D.
The U.S. Economic Recovery: Why so weak and what should be done? William J. Crowder Ph.D. Weak Recovery? It s no secret that the U.S. economy has still not fully recovered from the financial crisis and
More informationSmart Parking Limited ASX:SPZ Full Year Results Presentation. Paul Gillespie, CEO Richard Ludbrook, CFO August 2016
Smart Parking Limited ASX:SPZ Full Year Results Presentation Paul Gillespie, CEO Richard Ludbrook, CFO August 2016 0 Smart Parking Limited (ASX:SPZ) Smart Parking is a global car parking business listed
More informationToray s Global Operations. Share it...
Toray s Global Operations Share it... 23 With strategic presence and advanced technology, growing with communities Toray Group s global production began to expand in 1963 with the commencement of fiber
More informationNIIT Technologies FZ-LLC, Dubai
Balance Sheet as at I Notes As at As at As at As at PARTICULARS AED AED EQUITY AND LIABILITIES 1 Shareholders funds Share capital 3 5,000,000 90,084,500 5,000,000 84,865,500 Reserves and surplus 4 (209,271)
More informationGlobal Economic Outlook: From Fiscal Cliff to Rushcliffe in 15 minutes. Tom Rogers. Lead Economist, Oxford Economics.
Global Economic Outlook: From Fiscal Cliff to Rushcliffe in 15 minutes Tom Rogers Lead Economist, Oxford Economics trogers@oxfordeconomics.com 16 th January 2013 Overview External environment showing signs
More informationColombia: Economic Adjustment and Outlook. Andres-Mauricio Velasco Technical Deputy Minister of Finance, Republic of Colombia February 2018
Colombia: Economic Adjustment and Outlook Andres-Mauricio Velasco Technical Deputy Minister of Finance, Republic of Colombia February 2018 What is Colombian Ministry of Finance s outlook and funding strategies
More informationParametric Asset Allocation
Parametric Asset Allocation Thomas Dangl, Arne Westerkamp, Josef Zechner April 19, 2013 VERY PRELIMINARY AND INCOMPLETE! We study how a simple asset allocation policy in which the investment weights are
More informationSILK ROAD ENTERTAINMENT, INC. (A Development Stage Company) UNAUDITED BALANCE SHEET AT DECEMBER 31, 2018 ASSETS. CURRENT ASSETS: Cash $ 93,218
(A Development Stage Company) UNAUDITED BALANCE SHEET AT DECEMBER 31, 2018 ASSETS CURRENT ASSETS: Cash $ 93,218 OTHER ASSETS: Intellectual Property 1,680,018 Total assets $ 1,773,236 LIABILITIES CURRENT
More informationGuide to Application for JRA Owner Registration (for Non-Residents of Japan)
Guide to Application for JRA Owner Registration (for Non-Residents of Japan) Thank you for your interest in the JRA owner registration. Beginning 2009, the JRA accepts applications for owner registration
More informationMarket Correlations: Copper
Market Correlations: Copper July 6, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@ Debbie Johnson 480-664-1333 djohnson@ Mali Quintana 480-664-1333 aquintana@ Please visit our sites at www. blog. thinking
More informationThe U.S. Economic Outlook
The U.S. Economic Outlook Nigel Gault Chief U.S. Economist, IHS Global Insight FTA Revenue Estimation & Tax Research Conference Charleston, West Virginia October 17, 2011 What Has Happened to the Recovery?
More informationA Financial Systems Resilience Index for South Africa: Joining the Twin Peaks
A Financial Systems Resilience Index for South Africa: Joining the Twin Peaks Professor Christine Oughton SOAS University of London co12@soas.ac.uk KEY ISSUES FOR EFFECTIVE MACROPRUDENTIAL POLICYMAKING
More informationU.S. Property Market Outlook, 2013Q1. Jim Costello, Managing Director CBRE Americas Research Investment Research
U.S. Property Market Outlook, 2013Q1 Jim Costello, Managing Director CBRE Americas Research Investment Research CBRE Page 2 Outlook for the Real Side of the Economy Operationally, what do Research Teams
More informationTerex Materials Processing & Mining
Terex Materials Processing & Mining MineExpo International 2008 September 22, 2008 Eric Nielsen President, Terex MP&M Forward Looking Statements & Non-GAAP Measures The following presentation contains
More information1. Executive summary Purpose Objectives Strategy: Specific priorities 4
HORSERACE BETTING LEVY BOARD BUSINESS PLAN 2018/2019 CONTENTS 1. Executive summary 1 2. Purpose 2 3. Objectives 3 4. Strategy: Specific priorities 4 5. Income 5.1 New Levy mechanism 5 5.2 Bank interest
More informationChild Trust Fund to Aegon Junior ISA transfer application form
For customers Aegon Platform Child Trust Fund to Aegon Junior ISA transfer application form In this form, I, me, you, your or my refers to you, the registered contact named in section 1, and Aegon, we
More informationThe Great Economic Reset
The Great Economic Reset CMTA Annual Conference Squaw Creek Lake Tahoe April 13, 2016 Presented by Douglas C. Robinson, RCM Robinson Capital Management LLC SEC Registered Investment Advisory Firm Advisory
More informationEquity Opportunity Trust, Blue Chip Series 2003B
Dear Valued Client: This annual statement contains important information about your investment. The UBS Unit Trust thanks you for making this Blue Chip Trust a part of your financial plan. If you have
More informationGrand Scheme TOPIC 11 TRANSLATION OF FOREIGN FINANCIAL STATEMENTS
1- Translation of Foreign Financial Statements - Heading 2 TOPIC 11 TRANSLATION OF FOREIGN FINANCIAL STATEMENTS Grand Scheme 3 4 P owns a foreign S S keeps its books using a FC (not US$) How do we convert
More informationComposition of Federal Spending
*For Institutional Use Only* Demographic and Economic Trends: Growth, Debt and Promises Douglas C. Robinson RCM Robinson Capital Management LLC SEC Registered Investment Advisory Firm Advisory services
More informationEast Bay Financial Planners Association Conference
East Bay Financial Planners Association Conference Is The New Normal Here to Stay? January 10, 2018 Rich Taylor Vice President Client Portfolio Manager Percent Change (%) Subpar Economic Growth Real GDP
More informationTHE DISCIPLINE DIVIDEND: TIME VS TIMIMG IN MARKET INVESTING
THE DISCIPLINE DIVIDEND: TIME VS TIMIMG IN MARKET INVESTING Woody Allen once said, "Eighty percent of success is just showing up." 1 That seems like a pretty low standard. But in Allen's experience, most
More informationHotel Performance and Outlook
Hotel Performance and Outlook HICAP 2016 Jesper Palmqvist 20 October apinfo@strglobal.com 2016 STR, Inc. All Rights Reserved. Any reprint, use or republication of all or a part of this presentation without
More informationDiscussion of: The Rise, the Fall, and the Resurrection of Iceland by Benediksdottir, Eggertsson, Þorarinsson. Jón Steinsson Columbia University
Discussion of: The Rise, the Fall, and the Resurrection of Iceland by Benediksdottir, Eggertsson, Þorarinsson Jón Steinsson Columbia University Policy Failure 1: Banking Supervision Paper covers this very
More informationCanadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States?
Canadian Teleconference: Can the Canadian Economy Survive the Turmoil in the United States? Nigel Gault Chief U.S. Economist Dale Orr Canadian Macroeconomic Services Copyright 2008 Global Insight, Inc.
More informationAgriculture and the Economy: A View from the Chicago Fed
Agriculture and the Economy: A View from the Chicago Fed March 3, 2016 Riverside, Iowa David Oppedahl Senior Business Economist 312-322-6122 david.oppedahl@chi.frb.org Federal Reserve System Twelve District
More informationThe NAPM-Chicago Business Survey. Jack L Bishop Jr, PhD President, Kingsbury International Ltd
The NAPM-Chicago Business Survey Jack L Bishop Jr, PhD President, Kingsbury International Ltd 1 WHY ECONOMICS? THE REASON FOR STUDYING ECONOMICS IS TO AVOID BEING DECEIVED BY ECONOMISTS Joan Robinson,
More informationPROFESSIONAL PROGRAMME UPDATES FOR CAPITAL COMMODITY AND MONEY MARKET MODULE 3- ELECTIVE PAPER 9.2
PROFESSIONAL PROGRAMME UPDATES FOR CAPITAL COMMODITY AND MONEY MARKET (Relevant for Students Appearing in June, 2018 Examination) MODULE 3- ELECTIVE PAPER 9.2 Disclaimer: This document has been prepared
More informationExorbitant Privilege and Exorbitant Duty
Exorbitant Privilege and Exorbitant Duty Pierre-Olivier Gourinchas UC Berkeley, NBER & CEPR Hélène Rey London Business School, NBER & CEPR Nicolas Govillot Mines ParisTech Financial Globalization: Shifting
More informationThe Shifts and the Shocks Martin Wolf, Associate Editor & Chief Economics Commentator, Financial Times
The Shifts and the Shocks Martin Wolf, Associate Editor & Chief Economics Commentator, Financial Times Peterson Institute for International Economics 9 th October 2014 Washington DC The Shifts and the
More informationPart B Term Sheet Security Name Product Code Issuer Type of Instrument Nature of Instrument ISIN Seniority Principal Protection Underlying/ Reference Index Mode of Issue Issue Size (Rs.) Aspire- Market
More information