Institutional investors - Study guides, Class notes & Summaries

Summary of everything needed for the course and exam: Institutional Investors - EBC4054. I used this to study for the exam and got a 9.4/10 - I just began two days before the exam date.

MNG3702 Assignment 1 Semester 2 2023 (Answers) Questions asked: Assessment 1, Semester 2 This assessment is based on lessons 1 to 5 in the study guide and the corresponding chapters in the prescribed book, namely chapters 8 to 11. How a South African company turned constraints into global strengths On 28 September 2016, the shareholders of South African born international brewer, SABMiller, approved the company’s acquisition by Anheuser-Busch InBev for $104 billion (R1.5 trillion). ...

Corporate Finance - Answer-focuses on financial decision making by a firms management Investments - Answer-various types of financial instruments (stocks, bonds, etc) Banking or Financial Institutions - Answer-make money by paying depositors a smaller interest rate than the interest rate charged to borrowers Treasury Securities - Answer-generally bonds that are issued by the US government Corporate Bonds - Answer-firms borrowing from the public Stocks - Answer-a share of ownership...

Externalities are costs that a business does not bear itself but instead imposes on others. Which of the following is not an example of an externalised cost? Ans: Building on brownfield sites. Explanation Externalities are costs that a business does not bear itself (internalise) but instead imposes on others (externalises). ESG analysis considers these externalised costs such as climate change, greenhouse gas emissions, pollution, emissions, waste management, resource depletion, water ...

5th percentile vs 25th percentile performance - ANSWER-5th percentile managers outperform in every comparison BUT 25th percentile managers' performance is more volatile --> even if 25th percentile managers outperform they tend to mean revert --> demonstrates the perils of choosing managers based on historical performance alternative asset performance evaluation - ANSWER-unlike in traditional assets, alpha is difficult to define in alternatives investing; success can be defined as posit...

FINRA: Correspondence Correspondence, which is defined as any written or electronic communication that is distributed or made available to 25 or fewer retail investors within any 30 calendar-day period. Can you purchase securities prior to registration? Settlement? Cannot purchase securities prior to registration (against Securities Act of 1933), but can purchase prior to settlement (when-issued) FINRA: Institutional communication Any written or electronic communication that is distributed...

Once registration is effective for a non-exempt new issue, customers that previously received a preliminary prospectus during the 20-day cooling off period are: A. automatically confirmed with a purchase of the issue B. contacted by the underwriter to see if they wish to purchase the issue C. obligated to buy an amount of the issue determined by the underwriter D. permitted to make a competitive bid for the issue correct answers The best answer is B. Once registration is effective, cu...

What are three characteristics of hedge funds? They are 1. Actively Managed 2. Unregulated 3. Limited Investors Why are Hedge Funds actively managed? 1. They aim for profitability regardless of market circumstances 2. Collect management and performance fees Why are Hedge Funds Unregulated? They can't market themselves generally only to accredited investors What limits are there for Hedge Funds finding investors? 1. Can only find accredited investors 2. Can only target a certain numb...

FINN 3003 Exam 4 (Ch 10-17) || All Questions & Solutions (100% Correct) FINN 3003 Exam 4 (Ch 10-17) || All Questions & Solutions (100% Correct) New York Stock exchange - ANSWER - Which would be an example of the secondary market? Types of Investments - ANSWER - -Money market securities -Stocks (common vs. preferred stock) Common stock - ANSWER - a certificate issued by a firm to raise funds that represents partial ownership in the firm Preferred stock - ANSWER - a certificate issue...

Brokers Dealer A and Broker Dealer B are co-bookrunners on a debt offering for XYZ Co, Inc. BD A has a 30% allocation, BD B has a 20% allocation, and other underwriters share the remainder. During price talk between the co-bookrunners and XYZ, the deal is expected to raise between $400 million and $900 million of debt at a rate of UST +80. The deal ends up being priced at $700 million. XYZ is disappointed that the final pricing was below the top end of the range. Who is responsible for the $...