Sentences with phrase «market currency returns»

This has certainly been true historically; for instance, the volatility of emerging market currency returns soared during the East Asian financial crisis of 1997 and the devaluation of the ruble in 1998.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Marketing takeaway: Likes are the penny of social media currency — spend them freely if you like, but don't expect too much in return.

Some of Wednesdays trading was likely market participants taking advantage of Tuesdays moves to buy currencies at cheaper levels, or to exit long dollar positions, after much of Asia and Europe returned from the May Day holiday, said Osborne.

Thus, many emerging markets» growth rates in the next decade may be lower than in the last — as may the outsize returns that investors realised from these economies» financial assets (currencies, equities, bonds, and commodities).

Large flight to quality flows into the dollar and yen also risk bringing on alarm about emerging markets and a return to concern about currency wars.

Iran moved this month to formally unify its official and open market exchange rates and banned money changing outside of banks, after its currency, the rial, plunged to an all - time low on concerns about a possible return of sanctions if the United States exits a multilateral nuclear accord.

Bonds denominated in renminbi in the Hong Kong market, known as CNH bonds, outperformed dollar - denominated and other local currency bonds in Asia last year, with a more than 6 % total return in dollar terms, as investors sought stability in the resilience of the Chinese currency, according to a report by HSBC.

Specifically, they relate spot West Texas Intermediate (WTI) crude oil price to: the U.S. dollar exchange rate versus a basket of developed market currencies; Dow Jones Industrial Average (DJIA) return; U.S. short - term interest rate; the S&P 500 options - implied volatility index (VIX); and, open interest in the NYMEX crude oil futures (as an indication of financialization of the oil market).

In the September 2015 version of her paper entitled «A Low - Risk Strategy based on Higher Moments in Currency Markets», Claudia Zunft explores an adaptive currency trading strategy that exploits the predictive power of higher even moments of forward currency exchange rate Currency Markets», Claudia Zunft explores an adaptive currency trading strategy that exploits the predictive power of higher even moments of forward currency exchange rate currency trading strategy that exploits the predictive power of higher even moments of forward currency exchange rate currency exchange rate returns.

In the January 2013 version of their paper entitled «Conditional Risk Premia in Currency Markets and Other Asset Classes», Martin Lettau, Matteo Maggiori and Michael Weber explore the ability of a simple downside risk capital asset pricing model (DR - CAPM) to explain and predict asset returns.

In this workshop, Brandywine Global, who has been managing index - agnostic global fixed income portfolios since 1992, explains how an unconstrained global fixed income strategy can generate absolute returns over market cycles by identifying opportunities through country, currency, duration, and sector management strategies.

Emerging - market local currency bonds returned almost 3 per cent, while equities from developing nations also clung onto gains.

For all asset classes (but focusing on currencies), they define bad market conditions as months when the excess return on the broad value - weighted U.S. stock market is less than 1.0 standard deviation below its sample period average.

On 10/24/16, the Schroder Absolute Return EMD and Currency Fund (the «Predecessor Fund») was reorganized into the Hartford Schroders Emerging Markets Debt & Currency Fund, a new Hartford Fund that has substantially the same objective and strategies as the Predecessor Fund.

Returns expressed in local currency and include reinvested dividends.Past performance is not a guarantee of how the markets will perform in the future.

Their fund focuses on real return strategies and dabbles in the following asset classes: commodities, inflation linked bonds, liquid emerging market bonds, equities, and currencies.

In their August 2016 paper entitled «Globalization and Asset Returns», Geert Bekaert, Campbell Harvey, Andrea Kiguel and Xiaozheng Wang examine whether economic and financial integration increases global comovement of country equity, bond and currency exchange market rReturns», Geert Bekaert, Campbell Harvey, Andrea Kiguel and Xiaozheng Wang examine whether economic and financial integration increases global comovement of country equity, bond and currency exchange market returnsreturns.

You'll notice that many of the YTD returns are different when adjusted for local currency appreciation or depreciation and the relative devaluation of various emerging market currencies is another theme that has come to the fore in 2014.

U.S. investors are using currency forwards to turn negative rates into surging returns

Rising interest rates were supposed to suck money back into U.S. markets.

Macri's mission to make Argentina great again has already led him to abolish currency controls, return to world credit markets, attract foreign investors and set in motion a plan to reduce the fiscal deficit.

The UFU carries out its own regular calculation of what the milk price should be, based on market returns and currency rates.

Structured products are investment platforms that give exposure to equity markets, interest rates, bonds, currency, commodity and derivatives to give the upside in returns while protecting your downside.

Investors buy into currency - hedged funds on the premise that they can obtain returns provided by foreign stock markets while avoiding the deleterious effects of currency movements.

Another factor affecting portfolios during the current market volatility has been the impact of currency returns.

Second, hedging emerging market currencies can be impractical or prohibitively expensive, creating a drag on returns.

Specifically, the All Asset strategies» recent strong performance (see Figure 1) may be attributable in large part to four fundamental drivers of global capital market returns: the breakeven inflation rate (BEI), EM currency valuations, EM - to - U.S. cyclically adjusted price / earnings (CAPE) ratios and the global value premium.

Total Stock Market — historically fairly high returns with fairly reasonable risk and no currency risk

The Fund seeks to achieve total returns reflective of both money market rates in selected emerging market countries available to foreign investors and changes to the value of these currencies relative to the U.S. dollar.

Beyond cheap currencies, cheap stock prices — as measured by CAPE ratios (see Figure 4)-- boost our return expectations for EM equity markets relative to the U.S. market.

Total Return from currency appreciation, implied yields of Emerging Markets currencies, and income generated from U.S. money market collateral securities

Class A shares with sales charges performance reflects the maximum 5.5 % sales charge, with the following exceptions: Class A shares of Hartford Emerging Markets Local Debt, Hartford High Yield, Hartford Inflation Plus, Hartford Municipal Opportunities, Hartford Municipal Real Return, Hartford Strategic Income, Hartford Total Return Bond, Hartford World Bond, Hartford Schroders Emerging Markets Debt and Currency, Hartford Schroders Tax - Aware Bond, Hartford Schroders Emerging Markets Multi-Sector Bond and Hartford Schroders Global Strategic Bond reflect a maximum 4.5 % sales charge; Class A shares of Hartford Floating Rate and Hartford Floating Rate High Income reflect a maximum 3.0 % sales charge; Class A shares of Hartford Short Duration reflect a maximum 2.0 % sales charge.

They focus on net fund alphas, meaning after - fee returns in excess of the risk - free rate, adjusted for exposures to three kinds of risk factors well known at the start of the sample period: (1) traditional equity market, bond market and credit factors; (2) dynamic stock size, stock value, stock momentum and currency carry factors; and, (3) a volatility factor specified as monthly returns from buying one - month, at ‐ the ‐ money S&P 500 Index calls and puts and holding to expiration.

On a related note, emerging market currency appreciation can be both a great source of returns and diversification.

We focused on the US and emerging markets, measuring returns for bonds priced in dollars and in local currencies.

When you receive dividends or redeem your international funds, your returns are converted back into US dollars, so you'll find that your returns are affected by trends in the currency market as well.

Similarly, TDB911 captures the return of the MSCI EAFE Index, which tracks markets in Europe, Japan and Australia, in Canadian dollars and TDB952 hedges the exposure of our dollar to a basket of currencies such as Euros, Pounds, the Yen and the Aussie Dollar.

Maybe this will finally put an end to the days of flat equity market returns and an underperforming currency.

absolute return, alternative assets, closed - end funds, currency allocation, distressed assets, emerging markets, frontier markets, FX rates, home bias investing, NAV discount, portfolio allocation, quantitative easing, real assets, special situations, value investing

Be aware that when you invest in international markets you have the added risk that changes in currency exchange rates can increase or reduce your investment returns.

Then, in Exhibit 2, we can see the performance differences between the S&P 500 Bond Index (MXN), S&P / BMV Sovereign International UMS Bond Index, and the S&P / BMV Corporate Eurobonos Bond Index, both of which include the returns of the currency, since they track the eurobond market (bonds issued outside of Mexico in U.S. dollars), expressed in Mexican pesos.

In fact, in all markets, the SD of USD returns was much less than the SD of local currency and SD of local markets.

I haven't read it fully yet but it seems to support the view that foreign investors should not hedge their currency exposure in US stocks due to negative correlation between US currency fluctuation and stock market returns.

al found that the annual SD of CAD - USD fluctuation was 4.2 (not 15 as assumed in your post) and it is not correct to assume that currency fluctuations are independent of stock market returns.

In fact, Dimson found negative correlation between stock market returns in local currency and USD - foreign currency changes.

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Our currency portfolio consists of 8 currency pairs, which enable us to generate positive returns most of the time in spite of market conditions.

That said, he expects tougher returns in 2018, with hard - and local - currency markets providing mid-single-digit and high - single to low - double digit returns, respectively.

The programs replicate currency markets by tying in the program's returns to the selected currency.

And going forward, returns will be constrained by some of these same comfort factors, namely a less competitive currency and dearly priced real estate market.