While Timothy Severin talks about the Gobi Desert with passion John Muir talks about Yosemite with descriptive words and phrases. Yosemite and the Gobi Desert both calm places still have many differences in their landscape. For one the Gobi Desert is unwary and Barron while Yosemite is serene and is peaceful and quiet. Both of these places have one thing in common‚ they both have immense landscapes and can be full of surprises. The Gobi Desert has one very peculiar name‚ The Great Scourge while this
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Q1‚ While pension funds hold bonds as their asset‚ they also have obligations as liability. Lower interest rate‚ namely a lower discount rate‚ on one hand‚ increases bonds’ return‚ on the other hand‚ it also increase pension funds’ liabilities‚ which is the discounted value of future obligations. Moreover‚ bonds in asset side are usually in shorter term than long-term liabilities‚ and therefore are less sensitive to interest rate change. As a result‚ the increase in liability exceeds the value increase
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A pension fund shall be a pool of assets‚ established under a contract and not having legal personality‚ owned jointly by several persons in a partial ownership and the ownership shares represented by units in the pension fund. Each unit shall represent the ownership of a proportional part of the assets held in the pension fund structure. The pension fund shall be managed by a management company according to a pension fund contract with the unit-holders‚ with the objective to increase the
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development of stock markets through a corporate governance channel‚ i.e. pension funds become large shareholders of publicly traded firms and therefore have the incentives to monitor managers and improve investor protections. This paper reviews the literature on the corporate governance channel associated with pension reforms in developing countries‚ and asks what we know and need to know about it. We know that pension funds are not yet large shareholders of publicly traded firms in developing countries
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Chalaaya Downing African American Families Chapter 5- Summary Paper (pgs 102-122) Intimate Partner Violence In chapter 5 in the book “African American Families” written by Angela Hattery and Earl Smith‚ the authors examined different ways in which intimate partner violence is shaped by other social problems‚ such as employment‚ incarceration and health. Hattery and Smith went as far as‚ interviewing different couples‚ and examining the similarities and differences between race and ethnicity
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be define as the winding up of its business activities characterizaed by sale of all non-cash assets‚ settlement of all liabilities and distribution of the remaining cash to the partners. It is usually done when the business entity will not continue its activities after the dissolution of the partnership. Maybe the partners already fulfilled their business purpose or the partnership is in financial difficulties‚ that’s why they decided to liquidate it. The purpose of this paper is to inform the
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1 What are infrastructure funds? By Kelly DePonte‚ Probitas Partners Infrastructure investing is a relatively new sector within institutional investors’ portfolios and has been growing dramatically over the last five years. Though a few of the largest and most sophisticated investors have devoted the necessary resources to develop direct investment programmes‚ most investors in the sector commit through professionally managed funds‚ much as they do in private equity and opportunistic real
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68 6‚969.62 10 20 30 8901088047142 8901088047296 8901088055802 Net Amount PARACHUTE COCO OIL BT 250m PARACHUTE HAIR OIL COCO JR 250m PARACHUTE COCONUT OIL 175M . 61.00 57.00 45.00 43.00 48.00 58.00 149.00 EA EA EA Brand Wise Summary: Sr. Brand Code No. 1 OPAR7 Brand Name PARACHUTE Qty 149.000 UM EA PO Value 6‚969.62 MRP Value 7‚969.00 Terms & Conditions: Offer as per Negotiation P.O. to accompany every delivery Invoice to be raised on FUTURE VALUE RETAIL
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areas of Kenya. Acumen’s core goal is to invest in ventures that make an impact in the Base of Pyramid sector and that show potential to scale while bringing in a return on investment for Acumen. Ecotact ranks high in its commitment to the Acumen Fund mission because it focuses on providing a solution for the sanitary need in the Base of Pyramid space within Kenya. Furthermore‚ Ecotact shows significant potential to scale by adopting the franchise model. According to the assumptions given in the
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Rebecca Lamb Jessica Avalos Leah Anderson Stonemor Partners LP Stonemor Partners’ primary sources of liquidity is cash flow from operations and amounts available under their Credit Facility. In the past the company been able to increase their liquidity through long-term bank borrowings and the issuance of additional common units and other partnership securities‚ including debt‚ subject to the restrictions in their Credit Facility and under their senior secured notes. The
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