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.
significant changes in discount rates, rates
of return on
pension assets, mortality tables and other factors could adversely affect our earnings and equity and increase our
pension funding requirements;
The amount may be a miniscule component
of the
pension fund's $ 248 - billion
assets under management, but the investor is taking an active role in Fix Auto.
OMERS Ventures is the venture capital investment arm
of OMERS, one
of Canada's largest
pension funds with nearly $ 61 billion in net
assets.
The deal, agreed to on Monday after 17 hours
of talks with eurozone leaders, contains tough conditions including
pension cuts, tax increases and the movement
of public
assets into a trust
fund to pay for the recapitalisation
of Greek banks.
He is the editor
of the global economics paper series and serves as a consultant to the Economic Research Group and is co-chair
of the Retirement Committee, which oversees the firm's 401 (K) and
pension fund assets.
«Shareholders» here,
of course, means mostly «investment professionals»:
asset managers and hedge
funds and
pensions and whatever.
Rising prices for
assets seem to make most people better off, unless they are renters, or ethnic minorities, or immigrants, or come from large families and don't inherit a home
of their own, or get sick and need to pay for medical care, or get fired, or get their
pension fund ripped off or otherwise fall outside what most people think
of as the bell - shaped curve
of good fortune.
The Comptroller serves as investment advisor, custodian and a trustee to the New York City
Pension Funds, which have more than $ 160 billion in
assets and a long history
of active ownership on issues
of corporate governance and sustainability.
The investment powerhouse - with reported plans to raise a new $ US10 billion buyout
fund this year and owner
of all sorts
of Australian
assets - is believed to have been talking to potential backers including
pension funds from its home market about putting together a consortium.
Bitcoin might seem like an odd retirement
asset: Most investors lack real knowledge
of it, and it holds only a minuscule share
of the $ 24 trillion U.S. retirement and
pension fund asset market.
That opportunity is to attract or retain the business
of public
pension funds and union related
funds (which control approximately $ 3 trillion in
assets), the institutional leaders in the shareholder empowerment movement, which are shifting their portfolios away from high cost, actively managed mutual
funds and hedge
funds to low cost indexed
funds, the kind
of funds that the top 10 largest mutual
fund advisors dominate in terms
of market share.
Some
pension funds have as much as 20 %
of their
assets in private equity.
Debt A Four Letter Word Why Eat Cat Food In Retirement Being Bearish Is Not Profitable How does one
of the top 10
pension funds diversify their
assets?
Every
pension fund he studied is a monthly net seller
of assets in order to
fund beneficiary payouts — i.e. the cash contributions from current payees into the
fund plus investment returns on capital is not enough to
fund current beneficiary payouts.
Every public
pension fund in the country is catastrophically underfunded, especially if strict mark - to - market
of the illiquid
assets were applied.
The most important measure
of our success is our fully
funded status, meaning that we have enough
assets to deliver on all our
pension obligations, now and in the future.
The conference attracts representatives
of investment management and advisory firms, research firms, financial planners and advisors, broker - dealers, community development institutions and
asset owners such as
pension funds and foundations, along with policymakers and corporate leaders.
Prior to that, he served as head
of quantitative equity for ING Investment Management, (doing business as Voya Investment Management May 1, 2014), building and developing the group and managing more than $ 20 billion in
assets with 15 global active, index and enhanced index strategies for
pension funds, variable annuities and mutual
funds.
2017.10.02 RBC Global
Asset Management Inc. lowers administration fees for certain RBC
Funds and PH&N
Funds RBC Global
Asset Management Inc. (RBC GAM Inc.) today announced the reduction
of administration fees for certain RBC
Funds, PH&N
Funds and PH&N
Pension Trusts...
He started his career in the division
of SEB
Asset Management, one
of the largest Scandinavian banks, as an Investment Strategist, managing a sizable portfolio for a sophisticated investor base, including
pension funds and high net worth individuals.
Pension fund managers invest in
assets like stocks, bonds and real estate in hopes
of generating a safe return.
That argument simply does not hold water as the under -
funded amount, $ 2.6 billion, represents the present value
of all future obligations less the value
of the
assets EK's dedicates to the
pension obligations.
Any attempt to cancel some category
of debt, say government debt or personal mortgages, would immediately drive those financial intermediaries holding such
assets, e.g. banks,
pension funds, investment trusts, into insolvency.
Over the course
of his professional career Ricardo has worked at Banco Popular, where he was
fund manager and head
of the Quantitative Research Department
of the bank's
asset management arm, and Mutuaactivos, where he was head
of the equity team and co-responsible for
pension funds and managed mandates.
«The question is, how much
of these leveraged loans and other risky
assets the
pension funds take.»
Currently, Mr. Lieberman is representing several UK and EU
pension funds and
asset managers in individual actions against BP plc in the United States District Court for the Southern District
of Texas.
•
Asset and liability management
of all insurance and financial accounts and
of all money flows related to those in the
pension insurance
fund.
Absent an exemption, if a
pension plan subject to ERISA is a limited partner in a venture
fund, then all
of the venture
fund's
assets are subject to regulations that require the venture
fund assets to be held in trust, prohibit certain transactions and place fiduciary duties on
fund managers.
Respondents to our RiskMonitor 2017 survey were drawn from a variety
of «
asset owning» institutions:
pension funds, foundations, endowments, sovereign wealth
funds, family offices, banks and insurance companies.
and Jeremy Grantham's «Career Risk and Stalin's
Pension Fund: Investing in a World
of Overpriced
Assets»
A 2015 survey
of state and local
pension funds found that the lowest combined exposure to these
asset classes was 61 % for the Missouri State Employees Retirement System.
The index was designed to prod the government
pension fund to allocate more
of their
assets to Japanese stocks as they invest more in equities generally.
Brought together as part
of the Farm Animal Investment Risk & Return (FAIRR) initiative, they include the
fund arms
of insurer Aviva and Norwegian lender Nordea,
asset management groups Boston Common and Impax, several Swedish state
pension funds and several other charities and ethical investors.
That deal was the largest since Swiss
fund Adveq Real Assets, joined by US - based Municipal Employees» Retirement System of Michigan and the Danish Danica Pension Fund, purchased 18,000 hectares of almond orchards on the Murray River near Robinvale for $ 211 million in 2
fund Adveq Real
Assets, joined by US - based Municipal Employees» Retirement System
of Michigan and the Danish Danica
Pension Fund, purchased 18,000 hectares of almond orchards on the Murray River near Robinvale for $ 211 million in 2
Fund, purchased 18,000 hectares
of almond orchards on the Murray River near Robinvale for $ 211 million in 2013.
King never registered as a lobbyist for these minority firms but he did register, through one
of his lobbying firms, for a company that was picked to manage $ 30 million
of pension funds, Plainfield
Asset Management.
Case in point: New York state, where Comptroller Thomas DiNapoli announced last week that the $ 178 billion state and local
pension fund ended its fiscal year March 31 with a minuscule return on
assets of 0.19 percent, well short
of its 7 percent long - term target.
A bill expanding the share
of New York public
pension funds that can be invested in complex, high - risk alternative
assets such as private equity and hedge
funds has been vetoed by Governor Andrew Cuomo.
The divestment represents the latest move by the city's
pension funds to dissociate the city's $ 160 billion worth
of assets, one
of the largest public
pension systems in the country, from gun retailers, and firearm and ammunitions manufacturers in response to a wave
of mass shootings.
New York's existing «basket clause» limits to 25 percent the share
of pension fund money that can be invested in alternative
assets.
Less than one - third
of pension -
fund assets typically are parked in safer, lower - yielding government bonds and other fixed - income investments.
Among those myths is the notion — oft - repeated by DiNapoli — that public -
pension funds are «long - term investors» that can stick with their assumptions through thick and thin, riding out the kind
of market volatility that saw the state
funds» return on
assets veer from a 26 percent loss in 2009 to a 26 percent gain in 2010.
A recent survey
of 97 sovereign investors — which include sovereign wealth
funds, state
pension funds, central banks and government ministries collectively holding # 9 trillion
of assets - by Invesco found they see the UK as a less attractive destination for investment.
«This is to prevent people benefiting from tax relief in relation to contributions made into self - directed
pension schemes for the purpose
of funding purchases
of holiday or second homes and other prohibited
assets for their or their family's personal use.»
With nearly 12 percent
of the city's
pension funds invested in riskier «alternative
assets,» management fees ballooned to $ 472.5 million, Liu revealed last month.
Royal Mail's
pension fund has
assets of # 21.9 billion and liabilities
of # 25.3 billion, giving a net deficit
of # 3.4 billion.
Gov. Andrew Cuomo is proposing that the massive state Common Retirement
Fund stop new investments
of pension assets in companies connected to fossil fuels.
The review said the value
of pension scheme
assets could be maximised by the bulk purchase
of annuities and pooling
assets in a single
fund.
With fully two - thirds
of its money invested in domestic and foreign stocks, private equity and «absolute return strategies» (i.e., hedge
funds), the New York State
pension fund has a risky
asset allocation profile typical
of its counterparts across the country — because chasing risk is its only hope
of earning 7 percent a year in a market where the most secure long - term bonds yield barely 2 percent.
Is it wise as part
of addressing the
pension funding crisis to take the existing inadequate
assets and use them to rescue the Government's current deficit, making the problem worse in the longer term?