1. Introduction 1. Equity and Trusts * Equity is a particular body of law‚ consisting of rights and remedies‚ which evolved historically through the Courts of Chancery to mitigate the severity of the common law. * The trust has been characterised as the greatest and most distinctive achievement in equity although an exact definition of the trust has proven difficult. * Equity would recognise and enforce rights and duties that were not known to the common law. * E.g. the common
Premium Barack Obama Health economics Racism
HISTORY The Home Development Mutual Fund (HDMF) was created on June 11‚1978 by virtue of Presidential Decree No. 1530. Primarily‚ the Fund was created to address two of the nation’s basic concerns: generation of savings and provision of shelter for the workers. Under PD 1530‚ two agencies administered the Fund. The Social Security Systems (SSS) handled the funds of private employees while Government Service Insurance System (GSIS) handled the funds of government workers. On March 1‚ 1979‚ Executive
Premium Loan Mortgage loan Debt
performance but fund managers had style timing opportunities apart from market timing‚ such as size‚ growth and momentum timing. (Car hart‚ 1997) The six portfolios meant to minimize underlying risk factor in returns related to size& book-to-market equity. (Fama‚ et al. 1993) The variable name and description for regression of CAPM‚ 3-factor‚ 4-factor and 5- factor models are: Variable Names Description MF1_RF Returns of the mutual fund 1 MF2_RF Returns of the mutual fund 2 RM Market
Premium Regression analysis
INTERNATIONAL MONETARY FUND During the Great Depression of the 1930s‚ countries attempted to shore up their failing economies by sharply raising barriers to foreign trade‚ devaluing their currencies to compete against each other for export markets‚ and curtailing their citizens’ freedom to hold foreign exchange. These attempts proved to be self-defeating. World trade declined sharply (see chart below)‚ and employment and living standards plummeted in many countries. This breakdown in international
Premium Bretton Woods system International Monetary Fund Monetary policy
Many places nationwide are now seeing the dangers of the use of cell phones while driving is on the rise. Not only is it a danger to the person using the cell phone‚ but anyone around the user. It only takes a fraction of a second to lose control of a vehicle; and who knows what can happen in that fraction of a second. Will a life be lost? Will two or more lives be lost? We know what can happen to an extent‚ but let’s not find out what the full extent is. We need everyone‚ including the Government
Free Mobile phone Text messaging
Hedge Funds Class London February 2007 February 9‚ 2007 SECTION 1 Class Agenda Agenda ♦ 9:00 - 10:30 ♦ 10:30 - 10:45 ♦ 10:45 - 12:15 ♦ 12:15 - 1:30 ♦ 1:30 - 2:15 ♦ 2:15 – 3:00 ♦ 3:00 - 3:15 ♦ 3:15 - 4:00 ♦ 4:00 - 4:45 ♦ 4:45 - 5:00 Hedge Fund Basics Coffee Break Basics Continued Lunch Continued Hedge Fund Services Coffee Break Fund of Funds Stuart Trueman Joe Troccolo Tamera Hodges Joe Troccolo Joe Troccolo Hedge Funds & Corp Finance Laurent Charbonnier Wrap-up / Optional Exam
Premium Hedge fund
The International Monetary Fund: Its Present Role in Historical Perspective* Prepared for the U.S. Congressional International Financial Institution Advisory Commission * For valuable and timely research assistance we thank Debajyoti Chakrabarty. For helpful comments on an earlier draft we thank Jim Boughton. Table of Contents 1. Introduction 2. What does the IMF do? 3. Origins and Original Aims 4. The IMF’s Role in the Post Bretton
Premium Bretton Woods system International Monetary Fund Foreign exchange market
Up a Trust in Gibraltar A trust allows individuals to safely protect and control their assets. For those who want to ensure that their assets are adequately safeguarded‚ trusts are essential. Some trusts offer more benefits than others‚ with the type and location being the primary distinguishing factor. For individuals who want maximum benefits‚ establishing a trust in Gibraltar is a popular solution. Gibraltar is a unique place that has distinct privileges for non-residents who set up trusts. A professional
Premium Fiduciary Trustee
The Evolution of the “Highway to Hell” in Classical Mythology Mythology‚ by denotation‚ is “a traditional story‚ especially one concerning the early history of a people or explaining some natural or social phenomenon‚ and typically involving supernatural beings or events.” Myths are an entity that evolve through time and through the changing of culture in order to tailor to the people telling the story; as such‚ we often see a series of different versions develop reflecting a relatively similar
Premium Religion Mythology Joseph Campbell
even cash. A mutual fund in basic terms is a large group of people who lump their money together for management companies to invest. And‚ like most things in the world‚ there are fees and commissions involved. Mutual funds are managed by money managers‚ who capitalize the fund’s capital and try to produce capital gains and revenue for the fund’s investors. A mutual fund’s portfolio is organized and maintained to mimic the investment objectives defined in its catalogue. A mutual fund has many characteristics
Premium Mutual fund