They can also be asked to provide an opinion on other important factors that should be borne in mind when considering a business case, such
as issues of liquidity and whether one spouse can draw significant sums from a business to meet a financial settlement.
Not exact matches
The
issue of bond market
liquidity has been a consistent theme over the past years or so with financial executives such
as JP Morgan CEO Jamie Dimon, Blackstone CEO Steve Schwarzman, and Oaktree Capital's Howard Marks weighing in on the
issue and generally pointing the finger at a lack
of liquidity exasperating moves in financial markets.
«Our fixed income team recognized early that the industry landscape was changing and that those who could effectively address
issues such
as lack
of liquidity, price transparency, and efficiency, would have a competitive advantage,» Switzer saidin the statement.
(a) Share
of total Australian dollar assets (per cent), subcomponents are the share
of liquid assets (b) While deposits with other banks are a store
of liquidity, they do not contribute to the stock
of liquidity held by the banking system
as a whole, since the recipient banks will, in turn, need to hold additional
liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities
issued by the states and territories (d) Includes notes and coins, Australian dollar debt
issued by non-residents and securitised assets (excluding self - securitised assets)
Given the absence
of a public trading market
of our common stock, and in accordance with the American Institute
of Certified Public Accountants Accounting and Valuation Guide, Valuation
of Privately - Held Company Equity Securities
Issued as Compensation, our board
of directors exercised reasonable judgment and considered numerous and subjective factors to determine the best estimate
of fair value
of our common stock, including independent third - party valuations
of our common stock; the prices at which we sold shares
of our convertible preferred stock to outside investors in arms - length transactions; the rights, preferences, and privileges
of our convertible preferred stock relative to those
of our common stock; our operating results, financial position, and capital resources; current business conditions and projections; the lack
of marketability
of our common stock; the hiring
of key personnel and the experience
of our management; the introduction
of new products; our stage
of development and material risks related to our business; the fact that the option grants involve illiquid securities in a private company; the likelihood
of achieving a
liquidity event, such
as an initial public offering or a sale
of our company given the prevailing market conditions and the nature and history
of our business; industry trends and competitive environment; trends in consumer spending, including consumer confidence; and overall economic indicators, including gross domestic product, employment, inflation and interest rates, and the general economic outlook.
These will either be severely restricted or prohibited: Higher priced, more complex products that have
issues of liquidity and lack
of transparency, such
as non-publicly traded REITs, variable annuities, proprietary products or limited partnerships
of certain types.
The new -
issue bond market is expanding (Shin (2013)-RRB- and assets under the management
of investment funds that promise daily
liquidity are growing rapidly -
as suggested by the increasing presence
of exchange - traded funds in corporate bond markets in recent years (see also Box 2).
In the debate between stocks versus real estate
as a better investment, a common
issue that comes up is real estate's lack
of liquidity, and therefore inferiority.
Under the EziBuy proposal, class action shareholders would receive a convertible note convertible into shares estimated to be worth between $ 6 million and $ 20 million and
issued at the time
of a
liquidity event such
as an IPO or trade sale
of EziBuy.
These premia must do,
as I said, with default, with
liquidity, but they also have to do more and more with convertibility, with the risk
of convertibility [e.g. a country now using the Euro makes the political choice to leave the Euro and
issue its own new national currency.
In light
of his refusal to carry out the duties
of a central bank and act
as lender
of last resort when Greek banks run out
of cash, Mr. Varoufakis has said that: «If necessary, we will
issue parallel
liquidity and California - style IOU's, in an electronic form.
Banks may be willing to pay higher prices for more liquid, on - the - run (most recently
issued) bonds
as part
of a
liquidity management program.
But, adding up the sheer volatility
of cryptocurrencies with
liquidity issues facing this infant and unregulated market, it does not take long to figure out why institutional players do not see cryptocurrencies
as a serious contender for an investable asset class.
At
issue is whether Lehman's crisis was merely a temporary «
liquidity problem,» that time would have cleaned up much like BP's oil spill in the Gulf; or, did the firm suffer a more deep - seated «balance sheet problem» (negative equity),
as Federal Reserve Chairman Ben Bernanke claims — a junk balance sheet, composed
of assets that not only had no buyers at the time, but had no visible likelihood
of recovering their market price even after the $ 13 trillion the Treasury and Federal Reserve have spent to bail out Wall Street.
He is also a Partner at HPM Partners where, with his 32 partners and 50 associates in six offices, he works with owners
of businesses on their growth strategies, M&A, financing,
liquidity, wealth management, cross - border / multi-national
issues, estate planning and tax strategies; and for his multi-generational and family clients, he brings several lifetimes
of dealing with family dynamics, trusts, business - ownership, family charters and youth education
as a member
of two large, historic business families.
There are pockets
of weakness (such
as energy stocks, which have been pummeled), but we aren't seeing major
liquidity issues.
Included in the PowerPoint: a) Scarcity, Choice and Opportunity Cost - The Fundamental Economic Problem - The Meaning
of Scarcity and the inevitability
of choices at all levels (individual, firms, govt)- The basic questions
of what will be produced ow and for whom - The Meaning
of the term «Ceteris Paribus» - The Margin and Decision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors
of Production - the rewards to the factors
of production: land, labour, capital and enterprise - Specialization and division
of labour d) Resource Allocation in Different Economic Systems and
Issues of Transition - decision making in market, planned and mixed economies - the role
of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts
of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money,
liquidity g) Classification
of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods
as the outcome
of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam papers.
I've stayed away because
of liquidity concerns
as well
as the management
issues.
The
issue of liquidity is especially critical for «asset heavy» businesses such
as car dealerships, sports teams, or trucking companies.
However,
as explained below, some agency bond
issues have features that make the bond
issues more «structured» and complex, which can reduce
liquidity of these investments for investors and make them unsuitable for individual investors.
Large index ETFs, which have real - time net asset values (NAVs), have not helped this pricing problem in fixed income but, in parts
of the fixed income market where there is less
liquidity (such
as high yield bonds), sourcing
issues can be more difficult — particularly in a market sell - off where buyers may not be readily available with sufficient capacity to take on bond inventory.
A review
of high - yield debt investments should cover: (1) analysis
of the industry, including growth rates, special risks and leading companies; (2) analysis
of the bond issuer, including the company's position in its industry; new products; management stability; the outlook for growth in revenues and cash flow
as captured in Earnings Before Interest, Taxes, Depreciation and Amortization, also called EBITDA; value
of corporate assets and the debt maturity schedule; and (3) analysis
of the
issue, including special provisions in the «bond indenture,» covenants protecting the bondholder, use
of the money raised in bond offerings, debt seniority, secondary market
liquidity and call provisions.
Fourth, international cooperation allows for linkages across policies at different scale, notably through harmonizing national and regional policies,
as well
as linkages across
issues, and through enhanced cooperation may reduce mitigation costs, create opportunities for sharing the benefits
of adaptation, increase credibility
of price signals, and expand market size and
liquidity.
When our clients in the industry have been faced with
liquidity issues, whether
as a result
of operational
issues or overleveraging, Weil's interdisciplinary team
of professionals has helped them to navigate successfully through these
issues and to emerge
as long - term, viable competitors in their industry, and in the marketplace.
Issues such
as liquidity of assets, the risks associated with owning a business, and ensuring that funding remains stable are complex, and family judges are not necessarily trained to analyze these concepts.
These overburdened platforms are not only prone to serious security threats, but also suffer from functional shortcomings such
as lack
of customer service, inadequate scalability, low withdrawal limits, delayed account upgrades, and
liquidity issues.
Currently, Ripple requires two parties for a transaction to occur: a regulated financial institution «holds funds and
issues balances on behalf
of customers» while «market makers» such
as hedge funds or currency trading desks provide
liquidity in the currency they want to trade in.
With cryptocurrency markets still in their infancy, exchanges are suffering from structural
issues such
as: lack
of liquidity, lack
of security and lack
of transparency.
Hedge funds are reducing their stakes in the REITs
as market turmoil has caused some
of the funds to struggle with
liquidity issues.
Then there is the thorny
liquidity issue — cashing out
of an unlisted REIT investment such
as Wells isn't that easy.