For example, when making large payments for
illiquid assets such as real estate the use of traditional escrow services are preferred.
However, if more than 15 % of Fund assets (defined as net assets plus the amount of any borrowing for investment purposes) are illiquid, the Fund's investment adviser will reduce
illiquid assets such that they do not represent more than 15 % of Fund assets, subject to timing and other considerations which are in the best interests of the Fund and its shareholders; or
The firm aims to broaden Man Group's offering into
illiquid assets such as real estate, credit and infrastructure, in order to make our offering to clients as comprehensive as possible.
The Total assets, on the other hand, represent
all illiquid assets such as the real estate or other assets that can take longer to convert into cash.
Also, in some cases where your estate is made up of
illiquid assets such as a business or real estate, you would not want to have to put your heirs in a position to having to sell the assets.
SecondMarket, an online marketplace for buying and selling
illiquid assets such as venture - backed private - company stock, is opening a Bitcoin trading platform for institutional investors.
Not exact matches
SecondMarket is the largest centralized marketplace and auction platform for
illiquid assets,
such as
asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.
But some rich people make the mistake of tying the bulk of their
assets up in one place,
such as their own business or in real estate — two very
illiquid investments.
Often, a bad investment strategy is usually a portfolio that holds too many risky or
illiquid assets,
such as commodities, leveraged exchange - traded funds (ETFs) and limited partnerships.
Over time, this suggests rising bid - ask spreads relative to past levels for more
illiquid assets,
such as corporate bonds, to help market - makers cover their operating costs.
For an
illiquid asset class
such as art, many individual
assets do not trade within commonly used return measurement intervals (
such as a year).
Crises happen when there is a call for cash, and it can not be paid because there are not enough liquid
assets to make payment, and
illiquid assets are under stress,
such that one would not want to sell them.
Ratings agencies appear to favour the expansion of funding sources beyond short - term loans,
such as commercial paper, for pension funds that are increasingly investing in
illiquid asset classes.
Such a run on
assets would put money market funds in the difficult situation of having
illiquid Treasuries in its portfolio while needing to raise cash to pay off exiting shareholders.
Assets are both your liquid assets, such as cash in your savings account, stocks and bonds, and illiquid assets, such as your house, a partnership in a business, and your pension
Assets are both your liquid
assets, such as cash in your savings account, stocks and bonds, and illiquid assets, such as your house, a partnership in a business, and your pension
assets,
such as cash in your savings account, stocks and bonds, and
illiquid assets, such as your house, a partnership in a business, and your pension
assets,
such as your house, a partnership in a business, and your pension plan.
On the other hand,
illiquid markets,
such as those for thinly traded fixed income securities and small cap stocks, can see bid - offers spreads of over 1 % of the
asset's price.
«It's a good way to provide a source of ready cash that can be used to pay estate taxes on
illiquid assets,
such as property or businesses, or to allow wealth to pass to your heirs outside your estate.»
The
illiquid designation is generally reserved for
assets such as real estate, timber, art, private equity, and hedge funds that trade less frequently and not on an organized exchange.
An investor shouldn't include any
illiquid assets,
such as homes, home furnishings, or cars.
Because in crises, the long
assets are
illiquid, and as
such the value shrinks when liquidity is prized.
Factors which may cause the adviser to make
such a judgment include, but are not limited to, the following: only a bid price or an asked price is available; the spread between bid and asked prices is substantial; the frequency of sales; the thinness of the market; the size of reported trades; and actions of the securities markets,
such as the suspension or limitation of trading; (iii) securities determined to be
illiquid; (iv) securities with respect to which an event that will affect the value thereof has occurred (a «significant event») since the closing prices were established on the principal exchange on which they are traded, but prior to the Fund's calculation of its net
asset value.
Investing in Rule 144A securities or Section 4 (a)(2) commercial paper could have the effect of increasing the amount of a Fund's
assets invested in
illiquid securities if institutional buyers are unwilling to purchase
such securities.
These are specialist funds, kept separate from their parent company's balance sheet, that invest in
illiquid assets,
such as securities backed by subprime mortgages.