Hints and tips:
...These vehicles are called business development corporations, or BDCs....
...BDCs and private credit, part 2 We’ve been writing about business development corporations, the form of private credit investing with the longest public record....
...The company said that the “operative” NAV per share was the more “relevant financial indicator”....
...“I would guess that the correlation between DPI and NAV loans is inverse,” he said....
...Some use a tool known as “NAV lending”, a loan to the fund that is secured against the value of the equity in the companies it owns. Here, too, little information is available....
...The man died when sat-nav maps in the summoned ambulances failed. They had not been reprogrammed to keep up with the pace of development....
...Such funds have traditionally sought to maintain a fixed NAV of $1 per share. But in times of market stress, the NAV can sometimes slip below this, triggering a rush of redemptions from investors....
...Any one of these deals has the potential to boost the NAV materially. Haunted houses can be a tough sell....
...Investment trusts with an Asian focus, however, have recently traded at large discounts to NAV, reflecting Covid-19 fears....
...PG&E Corporation filed its Chapter 11 plan in early September having found itself with a $30bn liability after accidentally setting a lot of California on fire....
...Here’s the intro: There is significant off-balance sheet value not measured by the IFRS NAV....
...On ordinary dividend for 2020, management noted that (7.5% of NAV or min £250m) is still a good starting point for discussion, but noted that it would be the board’s decision....
...Through our social media, sat navs and all the rest, we have already willingly given up our locations, our interests, our likes and desires to the shady figures on the other side of the screen....
...a refresher, here’s what will happen as a result of the new regulations: (1) Net asset values will float for institutional prime money-market funds, which invest in short-term unsecured debt issued by corporations...
...Over that period, Mr Sarao also withdrew £3.7m from his company, Nav Sarao Futures, the filing said....
...As these bonds trade so infrequently, both mutual fund and ETF operators rely on third-party firms, such as Interactive Data Corporation, or IDC, to value the securities....
...Ultimate in too big to fail The resulting run on institutional prime money market funds was so severe that it shut down the commercial paper market, and it seemed some big corporations might conceivably...
...These cash pools include: a) The liquidity tranche of FX reserves managed by sovereigns b) Cash balances of corporations c) Cash managed by big institutional investors and asset managers d) Cash collateral...
...The Fidelity fund, by contrast, pays Y70 a month, providing a yield of more than 15 per cent on a NAV of Y5,380....
...But over the past year the fund has outperformed the MSCI China index in both price and NAV terms....
...The office property sector has been hampered by cost-conscious corporations, stung by the global financial crisis, downsizing and searching for cheaper office space....
...Floating NAVs would not make money funds more robust during adverse liquidity conditions....
...“The Federal Reserve and Federal Deposit Insurance Corporation have told banks that they should not do as many did in the first round last year and count on regulators to co-operate… Several bank executives...
...A 10 per cent move in bullion shifts earnings by 27.5 per cent and NAV by 28.5 per cent, according to RBC....
...She is old enough to remember it as the Industrial and Commercial Finance Corporation, a decently dull business providing long-term equity finance to small businesses – rather what’s needed today, in fact...
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