from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment

zero, green bond’s yield is equal to conventional bond’s yield. Bond Yield’s Representatives to approach the Green Bond Premium • Yield to Maturity, as a bond’s yield in Primary market • Annualized Ask

majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward

relating beverage containers and packaging; the impact of environmental, health and safety laws and regulations in the countries in which the Company operates. All such factors are difficult or impossible to

a QoQ basis. Operating rate for the segment was at 93%. On a YoY basis, core EBITDA increased by 20% but was lower by 14% on a QoQ mainly due to difficult market conditions temporarily influenced by

will be positive • MEG margins difficult to foresee from their strong levels at present • Corpus Christi expected to be delayed into 2020 • No impact from US ADD considered Asia Necessities 59 80 74

across all businesses and homes. The mobile competition landscape in FY22 remained difficult for most operators maintaining their low-price packages to grow and retain the customer base. AIS executed price

have laws about this already” – Agencies are staffed by lawyers, not software engineers – Enforcement is very, very difficult • When regulation comes to crypto, it will likely be voluntary, driven by

difficult interpretation since traditional earnings capitalization models describe that investors are willing to pay a certain multiple for current earnings (Huang and Wirjanto, 2012). After data treatment

145 410 Return (not annualized) TotalNo. of fund Duration ≥ 5% 0 - 5 < 0 Closed < 1 yr 46% 1% 4% 51% 1-2 yr 10% 3% 2% 15% > 2 yr 2% 0% 1% 3% Continuing < 1 yr 0% 2% 17% 20% 1-2 yr 0% 0% 4% 4% > 2 yr 0