Sentences with phrase «of liquidity issues»

Certainly large investors forced to remain in the partnership because of liquidity issues (not a lot of units are traded daily with respect to the number outstanding) might object that the liquidity discount afforded management is out - of - place.
This raises all kinds of liquidity issues.

Not exact matches

It's an issue experts on both sides of the border — including at the Bank of Canada — have been warning investors about for a few months now: There's an alarming lack of liquidity in the credit market.
In September 2008, AIG experienced serious liquidity issues (despite its $ 1 trillion balance sheet) when it couldn't post $ 20 - 25 billion of liquid collateral related to credit default swap contracts written by one of its subsidiaries.
Marks wrote than when he told Wintrob that he didn't think the issue of liquidity was particularly important or profound, Wintrob said:
And when you think about why that liquidity isn't provided earlier, it just ends up being a bunch of procedural issues that are easily fixable.
At some point, all businesses need a good accountant — one who is experienced in financial analysis and who can help you navigate through this issue of liquidity.
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.
In response to such a call from the G - 20 in Washington, D.C. last week, Germany's finance minister side stepped the issue and talked about the need for the ECB to start withdrawing its money market liquidity — i.e., whatever remains of a meager life support to economies crushed with 19 million people out of work and 3.6 million of young people unable to find jobs and make a living.
However, investors of junk bonds should note the implications and risks that are involved with investing in bonds that are issued by companies with liquidity issues.
so now the issue is whether the bond market (or macro hedge funds) eased too much thinking the Fed would choke off liquidity and now is staring at still a weaker dollar and high commodity prices indicating an elevated level of excess liquidity.
SALT Lending has issued $ 40 million in asset - backed loans that are aimed at investors in cryptocurrencies to give them a bit of liquidity without the need to sell off assets.
In this context, one issue that is worthy of further analysis is that of liquidity.
«With the Chinese system, it's easier to deal with a liquidity issue — the money can't go out,» said Chang Chun, the executive dean of the Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University.
The stock of government debt on issue, both Commonwealth and state, is well short of the liquidity needs of the banking system.
«It is driven by the appetite of founders on one side to bypass the traditional fundraising process with VCs and also avoid dilution, and on the other hand, by a lot of new investors looking to invest in new startups via a mechanism (issuing tokens) that has liquidity and using crypto.
But at the heart of it, these liquidity management issues are very similar to those facing a bank.
The governor said he issued an executive order Friday to halt the erosion of the bank's dwindling liquidity by allowing withdrawals only to fund necessary costs for health, public safety and education services.
(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)
Part of the issue could be due to the lack of liquidity in Asian Pacific FX at certain times.
With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one - third of the world's equities trading, the most liquidity of any global exchange group.
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.
Each month, Palhares and Richardson sorted corporate bonds into quintiles based on each liquidity measure and computed the return of a long / short portfolio that buys the least liquid bonds (i.e., smaller issue sizes, higher bid / ask spreads, lower trading volume, higher price impact or higher frequency of zero - trading days) and sells the most liquid bonds (i.e., larger issue sizes, smaller bid / ask spreads, higher trading volume, lower price impact or lower frequency of zero - trading days).
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).
This could make market liquidity more fragile in the short term, especially in the current low interest rate environment, in which new - issue volume and the participation of interest rate - sensitive investors have increased.
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.
With a lack of liquidity already an issue, a downturn in trading volume over the summer months could contribute to further volatility.
Many governments and regulators have issued sufficient risk warnings — including on liquidity risk — on virtual currency usage, or like the Government of China, banned them from trading.
In addition to near zero interest rates, central banks created excessive amounts of money by issuing trillions of dollars of bonds, e.g. QE1, QE2, QE3, QE4, etc. pushing unprecedented amounts of newly created money into global markets to contain the growing deflationary threat; and, while it failed to contain deflation, the excessive liquidity is now circulating in markets with no place to go, akin to moribund monetary edema.
Greek Finance Minister Yanis Varufakis confirmed on Friday that negotiations are being conducted with Greece's European partners to discuss ways of addressing these liquidity problems, while expressing confidence that the parties will eventually reach a solution, arguing that the whole issue was about a «small amount» of money.
We have now expanded to new markets and trading vehicles, which means that we can increase our client base by a limited amount without fear of liquidity being an issue for sometime.
This market may also have liquidity issues, meaning that it may be hard to find a buyer during a negative market event — which could lead to price volatility or make it hard to determine a fair price for one of these securities.
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 measured tones, tell the public that liquidity is no issue, and that you are more than capable of meeting all obligations.
Disadvantages: depends on local liquidity i.e. cash - in locations where the buyer is located; transaction size can be limited due to security, liquidity, or regulatory issues; fees charged can be higher to offset the operational costs of dealing in cash.
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.
Variable Rate Demand Note Inventory and Remarketing PNC has a portfolio which approaches $ 8 billion and includes issues enhanced by letters of credit from investment grade commercial banks and insurance companies with bank liquidity facilities.
The proliferation of these products and strategies has brought different risks to investors, including liquidity issues, expensive valuations and regulatory changes.
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.
A recent program sponsored by the Regulatory Compliance Association provided an overview of the basic due diligence steps that such investors take with regard to investments with hedge fund managers, and focused on alignment of interests, indemnification provisions, liquidity, investor consent and the issues raised when investing through or alongside separate accounts.
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.
Although market trend remains positive, the shorter term issue of market liquidity is now becoming a question mark in terms of Fed policy.
For coverage of HFA's May 2016 Global Regulatory Briefing panel, see our two - part series: «Best Ways for Hedge Fund Managers to Approach Regulation» (May 12, 2016); and «Cybersecurity, AML, AIFMD, Advertising and Liquidity Issues Affecting Hedge Fund Managers» (May 19, 2016).
Industrial firms bypass the banking system by financing new capital investment out of their own retained earnings, and meet their liquidity needs by issuing their own commercial paper directly.
Of course I have saved the issue of liquidity for last, for very obvious short term reasonOf course I have saved the issue of liquidity for last, for very obvious short term reasonof liquidity for last, for very obvious short term reasons.
Fortunately, a string of bellwether exits (AirBnB, Uber, Lyft, Palantir, etc.) could quickly cure venture liquidity issues by bringing dollars back to LP's, opening the gates for companies sitting on the sidelines, and providing the market with more public acquirers.
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