gross-of-fee level, it disappeared at net-of-fee level. • Jensen (1968) reaches conclusion that average actively managed mutual fund does not capture alpha, net of fees and expenses. • Chang and Lewellen
% of global GHG emissions or 1.6 billion tonnes CO2e, primarily from open dumping and disposal in landfills without landfill gas capture systems5. Even this underestimates the sector’s potential for
. • However, gross profit margin in Q2/2019 decreased by 2.6% from Q2/2018 and in 1H/2019 by 2.5% from 1H/2018. • The decrease in gross profit margin was mainly from the higher take-home and OEM product sales
dine-in areas resulting in higher proportion of take-home products and orders via food delivery services, which have lower margins than dine-in products, as well as the sales of raw material to Mikka
and excise tax rate. - OSP, as a market leader, drove energy drinks market back to growth at the rate of 5.7% in 2019, versus 0.6% last year. By using multi-brand portfolio and consumer-centric
(2011). We hope to find that volatility of stock exchanges draw in a gambling type investor and low volatility forces these same gamblers back into casinos. Barber and Odean (2000) found overconfidence
to lock down the country to prevent the spread of COVID-19, travelling means has been disrupted, especially air travel, which expects to take longer to recover back to normal. Also, sales from Index
and, in the long-term, achieving their nationally determined contributions, or investing in carbon dioxide removal (CDR) technologies such as direct air capture (DAC) with geological carbon storage
advantage, hence, significant increase in US integrated MEG spreads. IVL will capture the full benefit of shale advantage coming from our ethane to MEG integration once IVOL cracker is back on stream mid 2021
% (2008-18) based on Bank Indonesia statistics 5 84.4 million unbanked population as of 2018 based on Euromonitor report Page 3 of 4 • Uniquely positions the Bank to capture new and expanding opportunities