The evolution and implications of Hedge Fund institutionalization - published: 29/09/2010
Essay - 12 pages - Finance
Hedge funds and their managers, once obscure enigmas of the investment community, have become in the last decade household names due to their overwhelming publicity as money-hungry madmen. Part of the reason why these loosely regulated funds have drawn so much attention is because their explosive...
Critical analysis of the arguments surrounding the morality of engaging in "insider trading" in securities markets: although it is illegal in most stock markets, could the practice ever be eradicated totally and would this be desirable? - published: 29/09/2010
Essay - 5 pages - Finance
As the securities markets were expanding rapidly in the second part of the 20th century, a widespread assumption maintaining that insider trading must be prohibited on moral grounds took root in the collective consciousness. These economic transactions are illegal in most stock markets and the...
Investment management and modern portfolio theory - publié le 29/09/2010
Essay - 9 pages - Finance
Various assets or types of investment (stocks, bonds and cash equivalents) held and/or managed directly by investors, constitute a portfolio. In order to build up a coherence between risk tolerance and the investing objectives, investors favor large cap value stocks based on index funds if their...
Compare the 1997 Asian financial crisis with the subprime crisis - publié le 29/09/2010
Essay - 4 pages - Finance
The subprime crisis was triggered by an expectation of defaults of payments on subprime mortgages in the US. It is an on-going crisis that has already led to the free fall of the US housing prices, billions of losses by banks, and generally speaking a slow-down (maybe a recession) of the American...
Evaluation of Capital Gains Tax Proposals for 2008/09 in UK
Essay - 3 pages - Finance
Capital Gains tax (CGT) has been much reformed in history because it is a very complex tax. CGT is "a tax on the increase in the value of an asset between its acquisition and its disposal" (IFS). Chancellor Alistair Darling introduced his Pre-Budget Reporting on 9 October 2007 which showed many...
There is no such thing as a perfect capital structure - publié le 29/09/2010
Essay - 6 pages - Finance
The relevance of a company capital structure has been the subject of several theories and debate. The capital structure of a company is a mix of different securities. Capital structure refers to the way a corporation finances itself through a combination of equity sales, equity option, bonds and...
The Relationship between Risk and Return
Essay - 3 pages - Finance
Incertitude about expected returns is one of the criteria which influence the largest number of strategic investment decisions. Thus the relationship between risk and return is a fundamentally financial relationship, because it affects expected rates of return on investment. This relationship...
American Grain Corporation
Essay - 14 pages - Finance
American Grain Corporation: When shareholders are about to invest in project, they need to know what the financial consequences of it are. They need to plan the expenses and the possibilities of return on investment, regarding how long it will take to start earning a profit. To choose the project...
Is "Al-Dar Islamic Fund", created by Pictet, a Geneva based Private Bank, Islamic compliant? - publié le 29/09/2010
Essay - 10 pages - Finance
Who has created the ?Al-Dar Islamic Fund'? Is it Pictet which is a Geneva based Private Bank which is in compliance with the Islamic culture? The answer to this buzzing mind boggling question is ?No'. As confirmed, the contained shares are not Islamic compliant and secondly the targeted...
When Outsourcing Goes Wrong: A Look into the Outsourcing Relationship between Alcatel and HFS - publié le 29/09/2010
Essay - 8 pages - Finance
The issue of outsourcing has been the topic of debate among business corporations. As companies continue to outsource the business operations and processes to other countries, there has been a division among those who embrace outsourcing and those who are oppose to it. On one side, there are...
The Sarbanes-Oxley Act - publié le 29/09/2010
Essay - 2 pages - Finance
The Sarbanes-Oxley Act is one of the most important pieces of legislation affecting corporate governance and the practice of public accounting since the US securities laws of the early 1930s. The Act is relatively recent in the history of American accountancy. It was signed into law on 30 July...
The Sarbanes-Oxley Act : A real improvement or just another new law? - publié le 29/09/2010
Essay - 9 pages - Finance
At the end of the year 2001, and during the year 2002, many financial scandals broke out and shook the confidence that had been placed in our global economy and the reliability of companies listed on the Stock Exchange such as Enron, WorldCom, Tyco, Qwest, and Xerox. These scandals are not just...
Car insurance-Why do we need one
Essay - 2 pages - Finance
Car Insurance is a very critical aspect as it is a mandatory document for most states in the US. One may argue that one does not require a car policy. However, it is definitely a wise idea to purchase a comprehensive car insurance policy that covers you from theft and damage although you are a...
Equity valuation measure - what can they tell us?
Essay - 4 pages - Finance
A yield curve is a curve which represents graphically the interest rate of same quality of credit bond related to a precise moment. The point is that those bonds have not the same date of maturity (long-term and short-term rates). The yield curve represents the price of what we can call...
Islamic banking
Essay - 3 pages - Finance
Islamic banking is both a new worldwide phenomenon and a very old school of thought. Its origin may be traced back to the Middle East, but due to the fast development of Asian countries with a majority of Muslims (like Malaysia), this trend is becoming global. It is a growing force with whom it...
Bankers' bonuses : limit or laissez-faire?
Essay - 2 pages - Finance
Nowadays, we are facing the hugest crisis in history. To summarize the facts, the greediness of a few 'bankers' and the globalization of the economy are leading to many bankruptcies and redundancies. But are bankers' bonuses really a underlying cause of the current crisis ?
Le marché de l'immobilier français en 2010
Essay - 3 pages - Finance
The French Real Estate market didn't collapse in 2009 despite a very violent financial and economical crisis. Compared to the British and to the American markets, the French real estate market showed a good performance. Sales of new real estate properties had boom of 25% compared to 2008 whereas...
The Argentinean currency board ended up in a collapse in 2001 - A study
Essay - 3 pages - Finance
Despite the fact that more than a century has passed after the adoption of the gold standard in the main developed powers and the implementation of a strict monetary regime in Argentina, those two systems seem to rely on the same process. It aims at pegging a national currency by making its...
Firm characteristics and stock return
Essay - 5 pages - Finance
“What determines stock returns?” Although the answer to this question has been much sought by researchers and investors, most studies to date are empirical in nature and provide a very limited view of the problem. The general findings are that certain firm characteristics do have an...
Fundamentals of Islamic Finance
Essay - 3 pages - Finance
The practice of the Islamic Finance is based on the respect of the Islam and more precisely of the Sharias. Rules: Islam is a complete way of life and provides guidance in the conduct of one's private, social, political, moral and economic affairs. Thus Islamic Finance has to be in harmony...
Did the subprime crisis affect the hedging market?
Essay - 5 pages - Finance
The aim of this paper is to analyze if the financial crisis has changed the use of hedging techniques. Forecasting is the process of estimation of unknown situations. Forecasting is use to estimate a risk. It can be exchange rates risks, economic exposure, translation exposure, etc. In this...
What is the role of the American Dollar as an international currency?
Essay - 6 pages - Finance
Nowadays, with globalization, the exchanges all over the world are increasing more than ever. One can say that it is necessary to have an international currency in order to structure the exchanges between countries all over the world. Internationalisation of a currency starts with its use as a...
Factors influencing the payout policy
Essay - 4 pages - Finance
During their life firms face the constant decision of whether or not to distribute cash among their shareholders and to what extent to do so. There are two main methods for redistributing cash to the shareholders: dividends and share repurchases. Through dividends, a fraction of earnings is paid...
Term paper: the subprime crisis:Reasons & Effects
Essay - 8 pages - Finance
Since the last few years, a frightening phenomenon concerning subprime is being observed in the United States of America. Some people think that the financial crisis that the whole world is living through is related to the subprime crisis, and some think that it was the beginning of a very slow...
From Ponzi to Madoff : same causes, same effects ?
Essay - 11 pages - Finance
Ponzi mechanism is a very simple pyramidal model that ensures unrealistically high and constant returns to its customers. How come? Early customers are paid off with the cash from new customers, attracted by the satisfaction of the old customers, and so forth until the chain collapses. Ponzi...
The fashion's effects on the stock markets?
Essay - 12 pages - Finance
In this final assignment of Technical Analysis and Market Psychology II, I would like to give another point of view on what determines the rise or the fall in stock markets. The basic view of stocks is that the stock markets will provide events that will make people happy or optimistic. In the...
Case studies of international finance
Essay - 9 pages - Finance
This document presents practical cases about international finance (exchange rates and international trade, profits and arbitrage etc.). Extract: "The Purchasing Power Parity is an economic technique that we can use when we want to determine the relative values of two currencies. It is useful...
Advanced Corporate Finance (2009)
Essay - 10 pages - Finance
In this document we will show how you can create a portfolio with two stocks which would have an ER of 8%, and what the SD of such a portfolio is. We also explain the concept of Efficient Markets Hypothesis and the difference between the Weak, Semi-Strong, and Strong forms of it. Finally we try...
Financial Policies in China since 1978: protection, liberalization and regulation (2009)
Essay - 12 pages - Finance
The real start of China's economic expansion was in 1978 under the leadership of Deng Xiaoping. In fact after many years of total socialism with few contacts with the others countries, Deng Xiaoping thought that China could take part in the new growing globalization. Many people know that...
Principles of Finance: Comparison and Contrast between 'Noise Trader' and 'Efficient Markets' Approaches to Pricing in Financial Markets
Essay - 4 pages - Finance
How important is Pricing? In financial markets, prices reflect a volume of aggregate information. In order to understand and make inferences in the financial market, pricing is a significant mechanism to understand the financial market. Surprisingly, pricing models have only been a major research...
