prime money market mutual fund holdings bycds spread of issuer sponsor of holdings
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
... 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 ... Backed Commercial Paper Money Market Mutual Fund Liquidity Facility In its announcement, the Federal Reserve noted: “The Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility ... Ken E Anadu, and Nathaniel R Cooper, “The Stability of Prime Money Market Mutual Funds: Sponsor Support from 2007 to 2011”, Federal Reserve Bank of Boston Risk and Policy Analysis Unit, Working...
- 8
- 464
- 0
Tài liệu The Stability of Prime Money Market Mutual Funds: Sponsor Support from 2007 to 2011 docx
... Money Market Funds, Inc Money Market / SunAmerica Money Market Funds, Inc Money Market Fund / Wells Fargo Funds Trust Money Market Fund / Wells Fargo Funds Trust Money Market I Fund / VALIC Co I Money ... Prime Money Market Fund / HSBC Funds ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund / ING Series Fund, Inc ING Money Market Fund / ... Select Money Market Trust Evergreen Money Market Fund / Evergreen Money Market Trust Evergreen Money Market Fund / Evergreen Money Market Trust Evergreen Prime Cash Management Money Market Fund...
- 15
- 557
- 0
FINANCIAL STABILITY OVERSIGHT COUNCIL PROPOSED RECOMMENDATIONS REGARDING MONEY MARKET MUTUAL FUND REFORM potx
... account -7- II OVERVIEW OF MONEY MARKET MUTUAL FUNDS A DESCRIPTION OF MONEY MARKET MUTUAL FUNDS MMFs are a type of mutual fund registered under the Investment Company Act of 1940 (the “Investment ... TABLE OF CONTENTS PUBLIC COMMENT INSTRUCTIONS I EXECUTIVE SUMMARY II OVERVIEW OF MONEY MARKET MUTUAL FUNDS A Description of Money Market Mutual Funds ... address the structural vulnerabilities of money market mutual funds (“MMFs” or “funds”) are essential to safeguard financial stability MMFs are mutual funds that offer individuals, businesses, and...
- 73
- 538
- 0
Tài liệu Money Market Mutual Funds and Financial Stability doc
... iMoneyNet, Money Market Mutual Fund Financial Statements, Federal Reserve Bank of Boston Staff Figure U.S Prime Money Market Mutual Fund Holdings by CDS Spread of Issuer/ Sponsor of Holdings As of September ... all holdings CDS spread is five-year mid spread Source: Crane Data, Bloomberg, Mutual Fund Company Websites Figure Holdings of Two Prime Money Market Mutual Funds by CDS Spread of Issuer/ Sponsor ... crisis, I hear money market funds often brought up My comments today are going to focus on prime money market funds, as opposed to government funds or tax-free funds Prime funds hold a mix of short-term...
- 21
- 475
- 0
Which Money Is Smart? Mutual Fund Buys and Sells of Individual and Institutional Investors docx
... average pound of new money outperforms the average pound of old money, and that money invested outperforms money disinvested In short, new money is smarter than old money But in view of the negative ... Performance of Positive vs Negative Net Flow Funds Mutual Fund Buys and Sells 101 102 The Journal of Finance spread between new and old money However, they additionally find that the alphas of new money ... related to market capitalization Although we not have the data to measure the market capitalization of stocks held by a given mutual fund, a crude measure of the “smallness” of a fund s holdings...
- 34
- 451
- 0
How the Dodd-Frank Act Should Affect Mutual Funds, Including Money Market Funds potx
... percent of all U.S fund assets 51 Of the $2.8 trillion in money market funds, more than $1.8 trillion was invested in institutional money market funds If regulators ultimately determine that money market ... Money market funds also manage a substantial portion of U.S business short-term assets (24 percent as of 2006) 49 As of December 29, 2010, money market funds had approximately $2.8 trillion of ... non-U.S Treasury money market funds in September 2008 — that are a source of the systemic risk associated with money market funds Viewed in this light, institutional money market funds and their...
- 15
- 577
- 0
Money Market Fund Regulations: The Voice of the Treasurer potx
... invest in Prime or Standard Taxable Money Market Funds? Yes No 8a What percent of your money market fund investments is in each of the following types of MMFs? Prime Funds/Standard Taxable Funds ... investments from Prime Funds into Government Funds? Prime Funds must earn at least 10 bp over Government Funds The Prime Fund spread over Government Funds is bp up to 10 bp higher The Prime Fund spread ... bp higher The Prime Fund spread over Government Funds is bp up to bp higher The Prime Fund spread over Government Funds is bp up to bp higher The Prime Fund spread over Government Funds is bp up...
- 64
- 427
- 0
President’s Working Group Report on Money Market Fund Reform Options pptx
... characteristics of money market funds; and the role and growth of money market funds as financial intermediaries in the money market A Structure of the U.S Money Market In the United States, the market ... spectrum of money market instruments, money market funds provide a vast pool of liquidity to the U.S money market As of November 2011, taxable money market funds held $2.1 trillion of repurchase ... Regulation of U.S Money Market Funds A Overview While there is no single, global definition of a money market fund, ”24 U.S money market funds, like all U.S mutual funds, are regulated under all four of...
- 48
- 360
- 0
An Examination of Mutual Fund Timing Ability Using Monthly Holdings Data ppt
... data include not only holdings of traded equity but also holdings of bonds, options, futures, preferred stock, other mutual funds, nontraded equity, and cash Studies of mutual fund behavior from ... (1966) Can mutual funds outguess the market? Harvard Business Review 44, 131–136 Zheng, L (1999) Is money smart? A study of mutual fund investorsÕ fund selection ability, Journal of Finance 54, ... performance of professional market timers: daily evidence from executed strategies Journal of Financial Economics 62, 377–411 Comer, G (2006) Hybrid mutual funds and market timing performance, Journal of...
- 27
- 352
- 0
Tài liệu Inferring market interest rate expectations from money market rates pdf
... market conditions There is no 395 Bank of England Quarterly Bulletin: November 2000 unique measure of liquidity, but turnover, market size, and bid-offer spreads may provide some indication of ... only 4% of turnover is at maturities of more than one month Bid-offer spreads are typically around basis points for most maturities At the end of August, the total outstanding stock of gilt repo ... swap can be thought of as a portfolio of fixed-rate and floating-rate cash flows For the purchaser of a par swap of maturity tN, the fixed leg of the swap involves a series of outgoing interest...
- 11
- 469
- 2
Tài liệu INSTRUMENTS OF THE MONEY MARKET pdf
... markets and channel these funds primarily to the farming and housing sectors of the economy They raise a substantial part of their funds in the money market Money Market Mutual Funds and Other Short-Term ... VRCDs are money market funds Money market funds are allowed by SEC regulations to treat their holdings of VRCDs as if they had maturities equal to the length of the roll Throughout much of the 1980s ... unable to obtain market yields on overnight money until the emergence of money market mutual funds in the late 1970s CONCLUSION It is interesting to note how far the federal funds market has come...
- 275
- 628
- 3
Tài liệu Lombard Street: A Description of the Money Market docx
... full rate of mercantile profit on the whole of the capital employed in his trade, but the poor man wants only the interest of money (perhaps not a third of the rate of profit) on very much of what ... final til midnight of the last day of the month of any such announcement The official release date of all Project Gutenberg Etexts is at Midnight, Central Time, of the last day of the stated month ... London money now is; and, therefore, the reserve in the Banking Department of the Bank of England is the banking reserve not only of the Bank of England, but of all Londonand not only of all...
- 102
- 430
- 0
Tài liệu Steps to re-energise Mutual Fund Industry pdf
... of India J Prudential limits and disclosures on portfolio concentration risk in debtoriented mutual fund schemes Mutual Funds/AMCs shall ensure that total exposure of debt schemes of mutual funds ... cash transactions in mutual funds to the extent of 20,000/- per investor, per mutual fund, per financial year shall be allowed subject to (i) compliance with Prevention of Money Laundering Act, ... issued in exercise of powers conferred under section 11(1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of regulation 77 of SEBI (Mutual Funds) Regulations,...
- 7
- 366
- 0
Tài liệu COMPARATIVE STUDY ON PERFORMANCE EVALUATION OF MUTUAL FUND SCHEMES OF INDIAN COMPANIES doc
... OBJECTIVES OF THE STUDY: To evaluate and compare the performance of equity diversified mutual fund schemes of selected companies To compare the performance of equity diversified mutual fund schemes of ... evaluation of selected Mutual Funds in India 9th Indian Institute of Capital Market Conference [4] Michael, C J (1967) The Performance of Mutual Funds in the period 1945-1964 Journal of Finance ... prudential and UTI Mutual fund has lower level of risk compare to HDFC and Reliance mutual fund Beta is less than one to all selected mutual fund companies which means the funds are less volatile...
- 13
- 544
- 0
Tài liệu Characteristics of Mutual Fund Investors, 2011 ppt
... than half of their household financial assets invested in mutual funds (Figure 6) Mutual fund owning households often hold more than one mutual fund In 2011, the median number of mutual funds owned ... Hybrid funds Bond funds Money market funds Other fund type specified Type of mutual fund owned Note: Multiple responses are included Source: Investment Company Institute Annual Mutual Fund Shareholder ... Annual Mutual Fund Shareholder Tracking Survey FIGURE Equity Funds Are the Most Commonly Owned Type of Mutual Fund Percentage of U.S households owning mutual funds, 2011 81 63 44 52 Equity funds...
- 16
- 430
- 0
Tài liệu THOUGHTS FROM THE BOARDROOM PWC MUTUAL FUND DIRECTORS ROUNDTABLE 2012 HIGHLIGHTS ppt
... regulations on money- market funds expected shortly, the management and future of these funds is also an issue of growing importance Federal officials think there is risk in the money- market arena ... paper market While only the SEC has the statutory authority to impose regulations on moneymarket mutual funds, the Federal Reserve could assume certain oversight responsibilities in the case of funds ... considers a number of areas, including investment performance, the competitiveness of mutual fund costs, institutional pricing, economies of scale and adviser profitability Within each of these areas,...
- 22
- 453
- 0
Tài liệu Boston Institute of Finance Mutual Fund Advisor Course potx
... Introduction Types of Funds Classes of Shares Mutual Fund Accounts Distributions by Funds Taxation of Mutual Funds Mutual Fund Expenses ... growth funds and invest in money market funds If the market is expected to move upward, more market appreciation is normally obtained from common stock funds than money market funds, balanced funds, ... and as a creditor or bondholder of a corporation MONEY AND CAPITAL MARKETS There are two general markets for funds—the money market and the capital market The money market refers to transactions...
- 206
- 404
- 0
Implicit intraday interest rate in the UK unsecured overnight money market pptx
... although there is no explicit intraday money market, the pricing of overnight loans of different lengths is consistent with the existence of an implicit intraday money market We believe that overnight ... overnight money market Our hypothesis is that although there is no explicit intraday money market, pricing of overnight loans of different lengths is consistent with the existence of an implicit ... UK overnight money market by estimating the average premium (defined as the interest rate less of cial Bank Rate)1 charged in the overnight money market as a function of the time of the day when...
- 35
- 435
- 0
What determines banks’ sensitivity to money market interest rates? pot
... estimates of the parameters of interest, in particular of α1i , i = p, s σ t is a (time-varying) measure of the relevant source of uncertainty, typically a random shock affecting the end -of- period ... sensitivity of the banks’ demand for funds should be infinite, have been rejected by a large body of empirical literature for the main international money markets This paper tests some of the theoretical ... interbank Market: Evidence From the G7 and the Euro Zone”, Journal of Banking and Finance, 27, 2045–2084 Spindt, P.A., and J.R Hoffmeister (1988), “The Micromechanics of the Federal Funds Market: ...
- 19
- 404
- 0
Tìm thêm: xác định các mục tiêu của chương trình khảo sát chương trình đào tạo của các đơn vị đào tạo tại nhật bản khảo sát chương trình đào tạo gắn với các giáo trình cụ thể xác định thời lượng học về mặt lí thuyết và thực tế tiến hành xây dựng chương trình đào tạo dành cho đối tượng không chuyên ngữ tại việt nam điều tra đối với đối tượng giảng viên và đối tượng quản lí khảo sát các chương trình đào tạo theo những bộ giáo trình tiêu biểu nội dung cụ thể cho từng kĩ năng ở từng cấp độ xác định mức độ đáp ứng về văn hoá và chuyên môn trong ct phát huy những thành tựu công nghệ mới nhất được áp dụng vào công tác dạy và học ngoại ngữ mở máy động cơ lồng sóc mở máy động cơ rôto dây quấn hệ số công suất cosp fi p2 đặc tuyến hiệu suất h fi p2 đặc tuyến mômen quay m fi p2 đặc tuyến tốc độ rôto n fi p2 động cơ điện không đồng bộ một pha thông tin liên lạc và các dịch vụ chỉ tiêu chất lượng theo chất lượng phẩm chất sản phẩm khô từ gạo của bộ y tế năm 2008 chỉ tiêu chất lượng 9 tr 25