Alpha, Beta, and Now…Gamma David Blanchett, CFA, CFP® Head of Retirement Research Morningstar Investment Management Paul Kaplan, Ph.D., CFA Director of Research Morningstar Canada August 28, 2013 Morningstar Investment Management Page 2 of 27©2013 Morningstar. All rights reserved. This document includes proprietary material of Morningstar. Reproduction, transcription or other use, by any means, in whole or in part, without the prior written consent of Morningstar is prohibited. The Morningstar I...
this article, we highlight four stylized facts regarding their returns, investment strategies and fund flows that we hope would be useful for both the investment community and academic researchers. A
) business to boost liquidity in debt instrument trading ● Revised rules on securities underwriting to increase transparency in information disclosure for investors and to enhance flexibility to businesses
Long Term Equity Fund (LTF) in the second half of 2004 added another positive factor to boost the market in 2005. Under specified investment conditions, unit holders of LTFs are able to enjoy tax
growth. Even though business loans are expected to receive an additional boost from public investment, retail loans will remain challenged mainly by fragile consumer confidence and household debt servicing
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...
lending are implemented. For deposits, pricing competition may be limited as most banks have turned their focus to improved capability in gaining access to new customers via electronic channels to boost
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2019 Thai economic activity in the third quarter of 2019 continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same period last year, especially in the tourism sector. However, exports and private investment – two major e...
Stock Exchange of Thailand. He is Deputy Director for Academic Affairs at Sasin Graduate Institute. Mr. Thirachai Phuvanatnaranubala An ex-officio member and Secretary of the Board, he graduated with a
to the students, granted scholarships to students with excellent academic achievement, and provided attractive internship opportunities to students to give them hands-on experience with the audit works