Search results

Jump to navigation Jump to search

Page title matches

Page text matches

  • Unit trust
    ...fund has a specified [[investment objective]] and is controlled by a an [[investment manager]] *[[Open-ended investment company]]
    479 bytes (67 words) - 11:36, 18 January 2020
  • Investment Company Act of 1940
    ...the {{tag|40 Act}} regulates the vehicles which can be used for investment management purposes. ...ch investment companies should be regulated. The act defined and regulated investment companies, including [[mutual funds]] (which were virtually undefined prior
    824 bytes (122 words) - 15:24, 13 September 2018
  • Investment trust
    ...fferences between an [[investment trust]] and a [[unit trust]], is that an investment trust may borrow to invest, thereby creating [[leverage]]. This creates inc {{c|Investment management}}
    462 bytes (68 words) - 11:36, 18 January 2020
  • Open-ended
    Of a [[collective investment scheme]], not limited in size. [[Unit trust]]s and [[OEIC]]s are both known *[[Investment trust]]
    233 bytes (30 words) - 11:36, 18 January 2020
  • Closed-ended
    Not [[open-ended]]. An [[Investment trust]] as opposed to a [[unit trust]] or an [[OIEC]]. {{c|Investment management}}
    164 bytes (22 words) - 11:36, 18 January 2020
  • Addendum for Pooled Principal Agency Loans - GMSLA Provision
    ...yield, assets. [[Margin]] is typically handled in a [[triparty collateral management system]].
    573 bytes (82 words) - 12:43, 12 September 2017
  • ICAV
    ...xpect the [[ICAV]] structure to become the default structure for new asset management funds in {{tag|Ireland}}. *will be available to investment companies from other jurisdictions who wish to re-domicile n Ireland.
    1 KB (176 words) - 17:07, 21 September 2021
  • Ancillary services - MiFID Directive Provision
    ...ents, including custodianship and related services such as cash/collateral management ...[foreign exchange]] services where these are connected to the provision of investment services;
    1 KB (172 words) - 11:32, 2 March 2020
  • Investment Advisers Act of 1940
    ...[40 Act]]''', which is different, albeit also a key piece of US investment management legislation, also enacted in 1940. {{investment research and the Investment Advisers Act 1940}}
    2 KB (330 words) - 11:36, 18 January 2020
  • Bureaucrat
    A person concerned with the middle management of an investment bank. A thinker, not a doer. From the “service line”, not the “delive
    220 bytes (32 words) - 12:26, 23 October 2017
  • Real money
    ...y low-risk: these are the good guys of the [[investment manager|investment management]] world: if they blow up, it is their own problem, and not someone else’s *[[Investment manager]]
    895 bytes (137 words) - 10:20, 23 February 2020
  • Cockpit
    ...t of person who, without irony, uses the expression “[[wheelhouse]]”; an [[investment bank]].
    254 bytes (32 words) - 16:06, 3 October 2020
  • AIFMD v UCITS
    ...AIFMD]] showdown. These are of course the flagship regulations for EU for investment fund regulation. ...hedge funds, private equity funds, venture capital funds and [[collective investment scheme]]s that are not in scope for UCITS, because wistful granddads cannot
    3 KB (454 words) - 11:13, 3 May 2024
  • Open-ended investment company
    ...tment companies]] — [[investment vehicle]]s designed to handle collective investment in transferable securities. {{c2|Investment management|Channel Islands}}
    1 KB (221 words) - 17:09, 21 September 2021
  • Assets under management
    ...er management]], or voguily, “[[AUM]]” is the value of investments in an [[investment manager]]’s portfolio. Thus, a “mine’s bigger than yours” opportuni
    347 bytes (56 words) - 20:36, 30 November 2020
  • Financial counterparty
    ...hin the meaning of Article 6(a) of Directive 2003/41/EC and an alternative investment fund managed by AIFMs authorised or registered in accordance with Directive *a [[MiFID]] investment firm
    2 KB (291 words) - 13:25, 28 June 2023
  • Accession
    ...up. Notwithstanding that everyone knows it is all “between us girls”, the investment manager will, on the record, hotly deny this and insist, for the sake of [[
    3 KB (416 words) - 15:03, 4 October 2022
  • MiFID
    {{box|1. Member States shall require investment firms, on receiving any client funds, promptly to place those funds into on ====Under MiFID 2 Custody could become an {{eudirprov|investment service|MiFID}}====
    3 KB (512 words) - 13:20, 23 January 2018
  • Rule on Inducements - COBS Provision
    ...uld not catch a [[broker]] or [[dealer]] where it accepts orders from an [[investment manager]] who was not an FCA regulated {{cobsprov|firm}} (i.e., a foreigner ===Research and benefits [[broker]]s provide to [[investment manager]] clients===
    4 KB (679 words) - 11:26, 22 February 2023
  • Service line
    ...s a concept beloved of [[management consultants]], and those in the higher management strata who are bewitched by their honeyed words. ...women of the health sector, too, is blighted by similarly indecipherable [[management consultancy]]):
    2 KB (271 words) - 10:09, 18 July 2019
  • Malta
    ...as an overcrowded tourist destination with a thriving European investment management industry, and a good place to assassinate meddlesome journalists.
    628 bytes (105 words) - 12:46, 27 June 2018
  • Designated investment business - FCA Rulebook Term
    {{anat|cass|}}{{hbglossary|Designated investment business |G283}} ...0]], which predates, but somehow survives, [[MiFID]], {{fcaprov|designated investment business}} is a wider confection than {{fcaprov|MiFID business}}, but large
    4 KB (519 words) - 15:40, 2 March 2020
  • FUND 3 - FCA Rulebook Term
    {{fcaprov|FUND 3.5}} Investment in securitisation positions <br> {{fcaprov|FUND 3.7}} Risk management <br>
    758 bytes (95 words) - 12:39, 29 January 2015
  • Luxembourg
    *[[manager|Investment management]]
    939 bytes (128 words) - 08:57, 31 March 2020
  • Dotted line
    ...person can be reporting fully to two people at once, or even more if your management structure cannot be articulated in normal Euclidian geometry. And of course there is the old ''investment-bank-as-the-cruel-jungle'' staple, the “[[co-heads]]” of a business,<re
    1 KB (211 words) - 21:37, 22 November 2022
  • Accredited investor
    ...stered investment company, business development company, or small business investment company; ..., if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
    3 KB (470 words) - 08:42, 15 September 2017
  • Investment services and activities
    '''SECTION A''': [[Investment services and activities]] (4) Portfolio management;
    4 KB (572 words) - 09:03, 16 June 2022
  • Head of the documentation unit
    The [[head of the documentation unit]] is an accursed person in an [[investment bank]], although {{sex|he}} is usually the last one to recognise this. This In an [[investment bank]], being a place of universal grasping fixation on advancement, it isn
    3 KB (514 words) - 18:25, 4 February 2024
  • SCPA
    ...iable]] for any obligations of the partnership and are responsible for its management. ...sociés commanditaire]]s) whose liability is limited to the amount of their investment. There may be an unlimited number of limited [[shareholder]]s.
    1 KB (185 words) - 16:53, 21 September 2021
  • Sponsor
    ...defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013, or an investment firm as defined in point (1) of Article 4(1) of Directive 2014/65/EU other ...es from third-party entities and delegates the day-to-day active portfolio management involved in that securitisation to an entity authorised to perform such act
    870 bytes (116 words) - 16:52, 22 January 2024
  • Human resources
    ...ey were “[[human capital management]]” — we are not so persuaded about the management, but “[[human capital]]” is a useful way of thinking about valuable emp ...s Deming]]s of the world have helpfully explained the peril, and folly, of management by policy over decades. But most policies — even those articulating matte
    2 KB (358 words) - 08:47, 1 August 2023
  • Leverage
    ...you’ve created “ten times leverage” (note: still a noun) on your original investment. The more the market goes up, once it has passed your borrowing costs, the ...to understand than that — that caused the implosion of [[Long-Term Capital Management|LTCM]], the [[global financial crisis]], and the [[Archegos]] affair.
    4 KB (696 words) - 16:27, 23 September 2022
  • Constitutive documents
    ...nerally include its [[prospectus|information memorandum]] and [[investment management agreement]] even though neither, strictly speaking, play any kind of metaph
    2 KB (238 words) - 10:14, 21 March 2023
  • Algorithm
    ...xpert]]ise, is needed to manage a [[complex]] process such as running an [[investment bank]].
    2 KB (307 words) - 19:59, 20 November 2023
  • Definisn’t
    ...ent fund]]s subject to the AIFM law other than UCI or reserved alternative investment funds (fonds d’investissement alternatives reserves (“'''RAIF'''”) wh ...orking day, whether it is primarily concerned with semolina or credit risk management.<ref>I am indebted to [http://barnsleyfc.org.uk/threads/sago-semalina-tapio
    7 KB (1,151 words) - 13:50, 27 February 2023
  • General counsel
    ...tical management of the “90 minutes” to his ball-breaker of a [[COO]], a [[management consultant]] without the first clue about the law, let alone what a modern ===How to become general counsel of an investment bank===
    5 KB (886 words) - 17:14, 7 February 2023
  • Voidable preference
    ...out of date.</ref> through which ordinary, unsecured [[Asset manager|asset management]] vehicles make their stately passage. [[Hedge fund]]s. [[UCITS]]. [[SICAV] === [[Investment fund]] vehicles should ''not'' be limited recourse ===
    9 KB (1,486 words) - 11:30, 22 December 2022
  • Family office
    Normal [[investment fund]]<nowiki/>s — even [[hedge fund]]s — are somewhat arm’s length: ...manage account movements and calculate [[NAV]]s; all are distinct from the investment manager and each is likely to have its own compliance and operations teams.
    7 KB (1,210 words) - 08:50, 11 April 2023
  • Alpha
    ...of a portfolio’s performance over the market average, or “[[beta]]”. An [[investment manager]]’s [[alpha]], therefore, is the value that manager adds that you ...so stupid as to admit they're really just gearing the whoopsie out of your investment (if it goes wrong, guess who loses?), or they think ''you're'' so stupid yo
    3 KB (511 words) - 10:14, 16 August 2021
  • Survivor
    ...r]]. Every department, in every large organisation, has at least one. Even investment banks. Even [[Goldman]]. ...anagement will not: the survivor may escape detection through fluency in [[management speak]] and the good works of right-minded colleagues who, believing it is
    4 KB (658 words) - 12:17, 21 November 2022
  • Great dogma of contract negotiation
    ...s stuck out like a butcher at a chickpea fudge stall, so there is not an [[investment bank]] in the world which hasn’t taken a chainsaw to its [[negotiation]] And all because the management consultants don’t observe basic principles of their own discipline. That
    5 KB (814 words) - 18:10, 13 February 2021
  • It is not done to call “bullshit”
    Is this the first principle, or the last word, in practical risk management? ...g predictably anodyne and meaningless like “Reimagining the possibility of investment by connecting the digital world.” The marketing goons ''loved it''. The C
    4 KB (568 words) - 17:43, 18 April 2023
  • Ratings notches
    ...[[rating agency|rating agencies]] to save the honest toilers in the asset management industry the bother of conducting fundamental financial analysis on said is ...?) might wonder ''just what such an honest toiler would be bringing to the investment decision if all he was doing was relying on a published rating'' — isn’
    2 KB (386 words) - 13:29, 12 October 2020
  • Long-Term Capital Management
    ...appened once — and only needed to happen once, to blow [[Long Term Capital Management]] and much of the market to smithereens — just four years after they star
    2 KB (349 words) - 08:50, 11 April 2023
  • Bottom of the range
    ...share price|png|A [[short squeeze]] waiting to happen, yesterday|}}}}{{not investment advice}}{{d|Bottom of the range|/ˈbɒtəm ɒv ðə reɪnʤ/|n}} We have looked elsewhere at the travails of [[Melvin Capital Management LP]] when it tried to short [[GameStop]], but this points to a general pro
    7 KB (1,203 words) - 09:49, 30 December 2022
  • Co-head
    ...speaks to the weakness and hubris which holds down the comfy chairs upper management. ...t should do: the only way a co-head arrangement could work is one that few investment bankers would entertain for a moment: that of [[partnership]]: [[joint and
    5 KB (780 words) - 21:32, 22 November 2022
  • Delegation of depositary functions - UCITS V Provision
    ...custody chain are assessed and monitored and the management company or the investment company is informed of any material risk identified; :(g) the UCITS’s ownership right or the ownership right of the management company acting on behalf of the UCITS over the assets is verified.
    4 KB (635 words) - 11:19, 18 January 2020
  • Individual - Risk Article
    ...is infrastructure: operations, risk management, IT and increasingly middle management : infrastructure to manage the infrastructure. <br> ...ounds for incentive based compensation. Some could be incentivised by cost management, but for many – risk, legal, compliance – performance related pay is l
    5 KB (839 words) - 14:50, 5 May 2021
  • Arsehole-jobsworth continuum
    ...a, rescued a failing investment bank in 2008, when it didn’t, and an asset management division in 2009. Here there are plenty of arseholes, to be sure — but th
    2 KB (351 words) - 20:02, 11 September 2023
  • Candle problem
    ...t might be wrong with [[Compensation|discretionary compensation]], and why investment banks are likely to stick with it anyway. ...logicked out of existence. As a result, there aren’t any [[Investment bank|investment banks]] any more, the canals of Venice run clear, the sky over Zhengzhou is
    6 KB (1,017 words) - 13:49, 27 November 2023
  • Car Guys vs. Bean Counters: The Battle for the Soul of American Business
    ...was, from its heyday in the 1950s, laid low by the cult of “total quality management”. Chief among his targets, as the book’s title suggests, is the cult of the [[management consultancy]] which swept the world after the summer of love. The relentles
    6 KB (951 words) - 10:24, 3 December 2021
  • Known known
    ...e from which your horse has bolted”, which your [[risk]] and [[legal]] and management teams will accordingly obsess about, until the last guy who was there when ...a [[financial institution]] to use its customer deposits to capitalise its investment banking — in the vernacular, “casino banking” — operations. The ban
    3 KB (440 words) - 08:17, 24 February 2022
  • Prime broker
    ...isse.com/about-us/en/reports-research/archegos-info-kit.html|Credit Suisse management report into it}}, is a pretty neat backgrounder all by itself.''<br> *'''[[Custody]]''': looking after the {{tag|hedge fund}}’s “long” investment portfolio much of which they will have financed (this sounds kind, but the
    7 KB (1,178 words) - 09:01, 16 May 2022
  • Hazell v Hammersmith and Fulham LBC
    ...mercial silk had advised that a rate swap undertaken as part of the proper management of the council’s fund would be [[intra vires]]. Ouch ouch ouch, investment banking dudes.
    3 KB (426 words) - 18:00, 2 November 2023
  • Compensation
    ...f [[personnel]] or, as they like to think of themselves, ''[[human capital management]]''. You see? They can’t help it. ...d precision with which pay is allocated and promotions are managed at an [[investment bank]]. Fastidious does not begin to describe it. Every detail is benchmark
    5 KB (889 words) - 22:04, 22 November 2022
  • Awards
    ...uditors can count envelopes, but just what is going through the mind of an investment banker, [[head-hunter|recruitment consultant]], [[Mediocre lawyer|lawyer]]
    3 KB (500 words) - 16:33, 25 January 2023
  • Statistical arbitrage
    ...obel laureates and masters of the universe who founded [[Long Term Capital Management]], and then promptly blew it up, after the unseemly short term of four-and- {{C|Investment Strategies}}
    3 KB (571 words) - 09:59, 11 April 2023
  • Mediocre you
    ...complexity of modern management is precisely to conceal how uncomplicated management is. Jargon, technical language, continuing professional development, post g **The investment manager who beat the Dow nineteen years in a row
    5 KB (879 words) - 16:40, 17 January 2024
  • Depositary lite - AIFMD Provision
    ...has done, we remain an innie afterwards, with harmonised alternative fund management regulation. (a) Where, for the purposes of the Alternative Investment Fund Managers Regulations 2013 (“'''UK AIFMR'''”), you are a “third c
    7 KB (1,160 words) - 17:14, 23 September 2021
  • Limited recourse
    ...al structural aspects of contracts with [[special purpose vehicle]]s and [[investment fund]]s. [[Investment fund]]s and [[Repackaging|structured note issuance vehicles]] tend to be pu
    15 KB (2,470 words) - 08:50, 22 September 2023
  • Client communication
    ...our sales people [[Talk, don’t email|call]]. This is called [[relationship management]]. ...e corporation tax status (“''Körperschaftsteuerstatus''”) of the certified investment fund. Current valid certificates that are already submitted, however, will
    12 KB (2,001 words) - 15:44, 1 November 2022
  • Cryptöagle
    ...less credulous potential investors, to ensure the primacy of the on-chain investment, once the [[jollycoin]]s have been minted, the [[C-SPAC]] promoters have re <Youtube>https://youtu.be/6WmiBz1fpwc</youtube></ref> We are all about change management at {{cryptoeagle}}.
    5 KB (715 words) - 14:53, 13 October 2023
  • Capital allocation
    ...c business of taking [[deposit]]s i.e. being an actual bank, or running an investment fund; being a “shadow bank”. In either case, ''punter'' gives money to *Spread management
    5 KB (772 words) - 11:19, 1 June 2023
  • Legal opinion
    ...matters that regulation, or some senior, uninformed person in credit risk management once wanted to be told in black and white, and around which a markedly form ...awing petulant distinctions between whether a “derivative” is a qualifying investment for a given issuer, and whether the contract you have identified, which ''c
    5 KB (796 words) - 12:42, 11 January 2024
  • The dog in the night time
    ...tivised in conflict to your interests (by retrocession commission from end investment and upfront commission from client) *'''oversized management committee''': a top heavy management structure with multiple board members whose function is effectively to to d
    10 KB (1,532 words) - 21:45, 20 April 2023
  • Extreme prejudice
    ...aster and servant both feel they are getting a reasonable return for their investment, but keeping near it requires constant attention, the way driving along a s ...whereupon it begins its sure descent into sclerotic middle age. “[[Middle management]]” is a contradiction in terms, after all.</ref> [[Parkinson’s law]] ob
    8 KB (1,289 words) - 17:17, 4 November 2023
  • SEC Rule 15a-6
    U.S. Institutional Investors are defined in material part as (i) registered investment companies, (ii) banks, (iii) savings and loan associations, (iv) insurance ...whether they fall in the foregoing categories, with assets or assets under management in excess of $100 million.
    9 KB (1,219 words) - 18:44, 6 January 2021
  • Law firm panel
    {{drop|T|he image of investment}} banks as docile, harnessed sauropods, munching stupidly away in the unwit It springs from that observation — investment banks spend an awful lot of money of lawyers — and overlays it with that
    8 KB (1,255 words) - 18:16, 29 March 2024
  • Agency problem
    ...skin in the game]]” problem: an agent gets paid, ''no matter what''. The [[investment manager]] puts no capital up, takes a small slice of ''yours'', by way of a ...ets]] is generally handled on behalf of target and acquiror by appointed [[investment banks]].
    12 KB (1,922 words) - 11:00, 6 May 2024
  • Models.Behaving.Badly
    ...which {{author|Myron Scholes}}’ pioneering hedge fund [[Long Term Capital Management]] catastrophically failed. There are plenty of better grounds to take umbrage at [[investment bank]]ers at the moment, in other words.
    6 KB (1,019 words) - 15:12, 23 July 2022
  • Normal distribution
    ...appened once — and only needed to happen once, to blow [[Long Term Capital Management]] and much of the market to smithereens — in ''four'' years.
    7 KB (1,037 words) - 15:40, 28 September 2023
  • The history of inhouse legal
    ...y could steer deal-flow back to their ''almae matres'', the associates got investment banking bonuses and got to go home at 6pm.<ref>Now this may seem uncharitab ===Here come the management consultants===
    23 KB (3,707 words) - 21:19, 15 March 2023
  • GameStop
    ...ing short position ride. This is the ugly side of the [[limited recourse]] investment vehicle: you only have so many chips in the casino. While you can continue ...: ''don’t write off the Redditors''. Reddit has a sophisticated reputation management system, and the best stuff gets filtered to the top. There were 2 million s
    9 KB (1,409 words) - 10:22, 17 May 2024
  • Charge-out rate
    ...of market condition, geopolitical angst, or the softness of the labour or investment market, until the very [[end of days]]. ...l of gnomic pronouncements from some senior luminary in the client’s upper management who doesn’t have the first clue about the deal or for the business, waiti
    10 KB (1,630 words) - 13:56, 14 March 2024
  • Bitcoin is Venice
    ...fiat currencies do thanks to — cough — central bank monetary policies and investment bank grift. ...so long in part because so many of its enablers — law firms, accountants, management consultants, executives, employees, trading counterparties, academics, poli
    29 KB (4,677 words) - 21:02, 11 May 2024
  • The future of office work
    ...f [[opco]]s, [[Steering committee|steerco]]s, [[stakeholder]] check-ins, [[Management information and statistics|MIS]] dashboards and [[Line manager|line manager No one could credit that ''everyone'' could work remotely. The required investment, the necessary planning, the contingency planning, the difficult business c
    27 KB (4,418 words) - 20:16, 9 November 2023
  • Something for the weekend, sir?
    ...uld default on them mortgages at once. It became a matter of actual aerial management; Banks new that some part of its deposit base was liable to withdrawal brac ...more recently J.P. Morgan’s studied horror at the behaviour of its former investment bank chief executive, a man who the organisation recruited, employed and pr
    21 KB (3,372 words) - 17:13, 22 December 2023
  • LIBOR rigging part 2
    But if [[little old ladies make bad law]], then what about young male investment bankers? ...re was a colossal conspiracy among middle-ranking bank employees, to which management was totally inadvertent, by which ''everyone'' was trying to rip off the ge
    27 KB (4,345 words) - 21:37, 10 April 2024
Retrieved from "https://jollycontrarian.com/index.php?title=Special:Search"