Sentences with phrase «on illiquidity»

I think that is true for two reasons: 1) we have a significant balance sheet, and can take on illiquidity.
(Google it if there is no link)» Taking on illiquidity is not a free lunch.
But this is only an artifact rooted on illiquidity.
Based on the illiquidity illustrated during these time periods traders using market orders can experience slippage, or gaping in prices that can have a material impact on your final execution price.
If stocks provide a better return with better liquidity and bonds provide a similar yield with better liquidity (and collateral), why take on the illiquidity at all?»

Not exact matches

The region's markets were closed for May Day on Tuesday, and that illiquidity exposed them to global sentiment, dealers said.
The data in our report reveal that although investors in VC take on high fees, illiquidity, and risk, they rarely reap the reward of high returns.
The dollar was boosted by weakness in the pound ($ 1.3770 - $ 1.3656, 4 - month low, miss on UK Manufacturing PMI) and in anticipation of a hawkish FOMC meeting statement tomorrow, and was exacerbated by the illiquidity from today's May Day Holiday.
To deliver an illiquidity premium we are focused on what we believe to be best - in - class investments, giving you choice on how to access Private Equity and how involved you want to be in the investment decisions.
Our investment - led process has been refined to focus on high - conviction private equity strategies with risk - return profiles that have rewarded illiquidity in the past, and where we believe that a supply and demand imbalance between the need for investment and available capital will persist in the future.
Interval funds, on the other hand, have a higher level of risk, due to the illiquidity of the fund.
Defaulting on your loan is a result of illiquidity.
If you can take on a little illiquidity on a quality company that is not well - known, that could be a good idea.
A skeptic, because many endowments were taking on too much illiquidity.
I've written at least two significant pieces on endowment investing: Alternative Investments, Illiquidity, and Endowment Management The Forever Fund Oh, toss in one more: Managing Illiquid As...
Illiquidity should be taken on with caution, and with more than enough compensation for the loss of flexibility in future asset allocation decisions and cash flow needs.
After all, I have written: On Alternative Investments and Alternative Investments, Illiquidity,...
It made me more skeptical about arbitrage, leverage, and illiquidity, at least to the degree that one has to be paid to take on these risks.
You will note that he took units instead of cash for the accrued management fee in April, but he allowed himself a 15 % discount on the unit price due to «illiquidity» (he can't sell right away... but seemingly neither can we as the daily volume is quite low).
On December 10, 2007, the Fund notified the Company that conditions in the short - term credit markets had created a broad based perception of risk in non subprime asset - backed securities causing illiquidity across the market which led to extreme pricing pressure in those securities.
The bid - ask spread on these stocks, as a percentage of the stock price, is huge (20 - 25 %) and the illiquidity can also cause large price changes on trading — you push the price up as you buy and the price down as you sell.
On the bright side, illiquidity is usually associated with small sizes, so it doesn't affect most of the market.
The bulk of the opportunities remain in undervalued, smaller, more illiquid situations that often represent average or slightly above - average businesses — these stocks, having largely missed out on the speculative ride up, have nevertheless frequently been pushed down to absurd levels owing to their illiquidity during a general market panic.
We often overestimate the good the complexity will bring, while underestimating the illiquidity that it will impose on finances.
Pay us with a good yield, and I will eat the illiquidity risk on behalf of my client.
These risks include: smaller market capitalization of securities markets, which may suffer periods of relative illiquidity; significant price volatility; restrictions on foreign investment; possible repatriation of investment income and capital.
Whether one should apply an illiquidity discount at all when valuing SPLP depends on what you think the endgame is for the LP.
On another front, consider illiquidity.
The book has a firm hand on what leads to risk / return among managers — Concentration, Directionality, Compelexity, Illiquidity, and Leverage.
the vic writeup suggests an 18 % illiquidity discount on top of any discount related to the 15 % of ev stock purchase discount for management.
All the same, I still question the ability of two Fed vehicles to extract liquidity out of illiquidity, and on favorable terms.
The liquidity - taking strategies, however, do not fare as well on a trade - cost - adjusted basis: both the large - cap and small - cap momentum strategies and the large - cap illiquidity strategy lose their attractiveness.
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