Financial crisis

Camelot Event-Driven Fund Wins Three LSEG 2024 Lipper Awards

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Martedì, Marzo 19, 2024
Credit, Camelot, Risk, Financial crisis, Capital structure, Liquidity risk, Prospectus, Investment, Fund, Interest rate risk

MAUMEE, Ohio, March 19, 2024 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is thrilled to announce that their Camelot Event-Driven Fund (EVDIX) has been awarded not one, not two, but three LSEG Lipper Fund Awards.

Key Points: 
  • MAUMEE, Ohio, March 19, 2024 (GLOBE NEWSWIRE) -- Camelot Event-Driven Advisors is thrilled to announce that their Camelot Event-Driven Fund (EVDIX) has been awarded not one, not two, but three LSEG Lipper Fund Awards.
  • EVDIX is the United States 2024 Winner for Best Alternative Event-Driven Fund Over 3 Years, Over 5 Years, and Over 10 Years.
  • Robert Jenkins (Global Head of Research, Investment & Wealth at LSEG Lipper) expounds on the impressive win:
    “The 2024 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic three-year period that the markets have seen in decades.
  • The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months.

Needham Aggressive Growth Fund Wins 2024 LSEG Lipper Fund Award

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Venerdì, Marzo 15, 2024
Banking, Asset Management, Professional Services, Finance, Investment management, Growth, Needham & Company, Financial crisis, Capital loss, Research, Software, Prospectus, Investment, Semiconductor, Power, Fund, Airport

Needham Investment Management , a specialized growth equity manager, today announced that Needham Aggressive Growth Fund has won the 2024 LSEG Lipper Fund Award in the Small-Cap Growth Fund category for delivering consistently strong risk-adjusted performance relative to its peers over five-year period ended November 30, 2023.

Key Points: 
  • Needham Investment Management , a specialized growth equity manager, today announced that Needham Aggressive Growth Fund has won the 2024 LSEG Lipper Fund Award in the Small-Cap Growth Fund category for delivering consistently strong risk-adjusted performance relative to its peers over five-year period ended November 30, 2023.
  • We applaud the 2024 LSEG Lipper Fund Award winners such as Needham Aggressive Growth Fund for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global market disruptions.”
    The Needham Group, Inc .
  • LSEG Lipper Awards United States Winner, Needham Aggressive Growth Fund, Best Small-Cap Growth Fund for Five Years among 162 funds in the peer group.
  • This message is not an offer of the Needham Growth Fund, the Needham Aggressive Growth Fund, or the Needham Small Cap Growth Fund (each a “Fund” and collectively, “the Funds”).

Tanaka Capital Management Wins 2024 LSEG Lipper Fund Award for Best Risk-Adjusted Three-Year Performance in Multi-Cap Growth Fund Category

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Giovedì, Marzo 21, 2024
Finance, Consumer, Big Tech, The Wall Street Journal, Fundamental, Reuters, TD Ameritrade, Name, Risk, UBS, Bloomberg Television, Financial crisis, CNBC, Vanguard, Biotechnology, Semiconductor, Eye, Investment, Publication, LPL Financial, Fund, Wells Fargo, Artificial intelligence, Television

NEW YORK, March 21, 2024 /PRNewswire/ -- Tanaka Capital Management today announced that it has received a 2024 LSEG Lipper Award for the TANAKA Growth Fund (TGFRX), which ranked number one in the Multi-Cap Growth fund category for its three-year risk-adjusted performance through November 30, 2023.

Key Points: 
  • "The 2024 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic three-year period that the markets have seen in decades.
  • Fund managers being recognized have steered their investors through a pandemic, a mild recession, a war, skyrocketing inflation and dramatic central bank intervention.
  • We applaud the 2024 LSEG Lipper Fund Award winners such as Tanaka Capital Management for delivering outperformance and the accompanying comfort of consistency to investors' portfolios through a cross-current of global market disruptions."
  • The TANAKA Growth Fund is currently open to new mutual fund investors.

Channel Investment Partners Wins 2024 LSEG Lipper Fund Awards

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Mercoledì, Marzo 20, 2024
CIO, Temperament, Partner (business rank), CIP, Financial crisis, Investment, Security (finance)

ARLINGTON, Va., March 20, 2024 /PRNewswire/ -- For the third straight year, Channel Investment Partners (CIP) was recognized with LSEG Lipper Fund Awards. CIP announced today that the Channel Short Duration Income Fund was named LSEG Lipper Fund Awards United States 2024 Winner, Best Short-Intermediate Investment Grade Debt Fund Over 3, 5, and 10 years. Last year, Channel Short Duration Income Fund was named Refinitiv Lipper Fund Awards United States 2023 Winner, Best Short-Intermediate Investment Grade Debt Fund Over 5 years. In 2022, Channel Short Duration Income Fund was named Refinitiv Lipper Fund Awards United States 2022 Winner, Best Short-Intermediate Investment Grade Debt Fund Over 3 years.

Key Points: 
  • ARLINGTON, Va., March 20, 2024 /PRNewswire/ -- For the third straight year, Channel Investment Partners (CIP) was recognized with LSEG Lipper Fund Awards.
  • CIP announced today that the Channel Short Duration Income Fund was named LSEG Lipper Fund Awards United States 2024 Winner, Best Short-Intermediate Investment Grade Debt Fund Over 3, 5, and 10 years.
  • Last year, Channel Short Duration Income Fund was named Refinitiv Lipper Fund Awards United States 2023 Winner, Best Short-Intermediate Investment Grade Debt Fund Over 5 years.
  • "Channel Investment Partners is always thrilled and humbly honored to follow our 2022 and 2023 awards with three 2024 LSEG Lipper Fund Awards, which symbolizes performance excellence in the mutual fund industry," said Matthew Duch, Managing Partner and CIO, Channel Investment Partners.

North Square Preferred and Income Securities Fund Named a LSEG Lipper Fund Awards USA 2024 Winner

Retrieved on: 
Lunedì, Marzo 18, 2024
Financial crisis, Classification, Investment, Fund, Cryptocurrency

CHICAGO, March 18, 2024 /PRNewswire-PRWeb/ -- The North Square Preferred and Securities Income Fund (ORDNX) has been named a LSEG Lipper Fund Awards USA 2024 Winner for its consistently strong risk-adjusted three-, five-, and 10-year performance relative to its peers in the Best Flexible Income Funds classification, Lipper has announced.

Key Points: 
  • The North Square Preferred and Securities Income Fund (ORDNX) has been named a LSEG Lipper Fund Awards USA 2024 Winner for its consistently strong risk-adjusted three-, five-, and 10-year performance relative to its peers in the Best Flexible Income Funds classification.
  • CHICAGO, March 18, 2024 /PRNewswire-PRWeb/ -- The North Square Preferred and Securities Income Fund (ORDNX) has been named a LSEG Lipper Fund Awards USA 2024 Winner for its consistently strong risk-adjusted three-, five-, and 10-year performance relative to its peers in the Best Flexible Income Funds classification, Lipper has announced.
  • The North Square North Square Preferred and Securities Income Fund was selected from among 23 Flexible Income Funds for 3 Years; 21 Funds for 5 years and 14 funds for 10 Years, for the period ended November 30, 2023, according to Lipper.
  • "We applaud the 2024 LSEG Lipper Fund Award winners such as the North Square Preferred and Income Securities Fund for delivering outperformance and the accompanying comfort of consistency to investors' portfolios through a cross-current of global market disruptions," he said.

Permanent Portfolio Funds Wins Four 2024 LSEG Lipper Fund Awards

Retrieved on: 
Giovedì, Marzo 14, 2024
SAN, Financial crisis, Investment, Invesco PowerShares

SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Pacific Heights Asset Management, LLC, investment adviser to Permanent Portfolio Family of Funds, is pleased to announce that two of their mutual funds received 2024 LSEG Lipper Fund Awards in recognition of consistently strong risk-adjusted performance relative to their peers.

Key Points: 
  • SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- Pacific Heights Asset Management, LLC, investment adviser to Permanent Portfolio Family of Funds, is pleased to announce that two of their mutual funds received 2024 LSEG Lipper Fund Awards in recognition of consistently strong risk-adjusted performance relative to their peers.
  • LSEG Lipper Fund Awards United States 2024 Winner, Permanent Portfolio Class I, Best Alternative Global Macro Funds Over 3 Years (out of 36 funds)
    LSEG Lipper Fund Awards United States 2024 Winner, Permanent Portfolio Class I, Best Alternative Global Macro Funds Over 5 Years (out of 36 funds)
    Permanent Portfolio is a non-correlated, comprehensive asset allocation strategy designed to consider all investment climates – seeking profit and downside protection in any economic environment – thereby eliminating the need for forecasts, predictions, or market timing.
  • LSEG Lipper Fund Awards United Sates 2024 Winner, Versatile Bond Portfolio Class I, Best Corporate Debt Funds BBB-Rated Over 3 Years (out of 55 funds)
    LSEG Lipper Fund Awards United Sates 2024 Winner, Versatile Bond Portfolio Class I, Best Corporate Debt Funds BBB-Rated Over 5 Years (out of 52 funds)
    Versatile Bond Portfolio is a flexible or unconstrained income strategy that takes a different approach – no leverage, no derivatives, and no asset-backed securities – but invests opportunistically across multiple sectors in both investment grade and non-investment grade securities, focusing on credit quality and active duration management.
  • "The 2024 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic three-year period that the markets have seen in decades.

Mortgage borrowing limits and house prices: evidence from a policy change in Ireland

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Venerdì, Febbraio 16, 2024
Diamond, Research, Person, Growth, House, GDP, Marital status, Financial integration, STB, McQuade, Section 2, Statistics, Literature, Fellow, Housing, European Systemic Risk Board, The Irish Times, R21, Lapointe, Data, Selection bias, R30, C0, Steinsson, Financial Times, International Monetary Fund, Book, Paper, European Commission, FTB, LTV, Household, Roadmap, Central Bank of Ireland, E44, Section 5, Financial crisis, Central bank, Civil service commission, European Central Bank, Network, Section 4, Section 8, Favara, Central Bank of Myanmar, Population growth, OECD, BTR, Google Trends, Consumption, Aggregation, JEL, Section 3, Government, Cell, Risk, NAMA, Policy, E21, SSB, Vertical, ECB, Real estate
Key Points: 

    Deposit market concentration and monetary transmission: evidence from the euro area

    Retrieved on: 
    Domenica, Febbraio 4, 2024
    Neumark, American Economic Journal, Paper, A18, A21, Money, A4, Financial crisis, International, A5, A1, Exercise, Timothy, A14, Monetary policy, IRF, Interest rate, Economy, Quarterly Journal of Economics, NII, A8, Policy, HICP, MMF, Control, Statistics, Series, ECB, DNB, Index (economics), Finance, Section 3, GDP, History, American Economic Review, De Nederlandsche Bank, Rigidity, XB, Habit, Website, Federal funds, Social science, A11, 95.1 FM, IMF, MPS, A9, Credit, University of Amsterdam, Wang, A26, HHI, European Economic Review, Reproduction, Shock, University, Journal of Political Economy, Central bank, A30, Journal of Monetary Economics, Interval (mathematics), A25, G21, Politics, Auerbach, Silvana Tenreyro, XT, Research Papers in Economics, Causality, Deposit, Yb, A27, Time series, Dynamics, Literature, Hey, SSI, Interpolation, O'Driscoll (surname), BSI, A23, United, Domestic, European Central Bank, VAR, A28, Rigid transformation, A6, OIS, Role, PDF, Research, Feedback, The Journal of Finance, A15, A17, NFC, A22, E43, DSGE, Quarterly Journal, E52, MIR, Appendix, A10, Information, Surface finishing

    Abstract

    Key Points: 
      • Abstract
        I study the transmission of monetary policy to deposit rates in the euro area with a
        focus on asymmetries and the role of banking sector concentration.
      • Moreover, the
        gap between deposit rates across euro area member states - despite being exposed to the same
        key ECB interest rates - has widened.
      • This begs the question whether deposit rates are more
        sluggish in response to both policy rate increases and cuts, and what factors might influence the
        transmission of monetary policy to deposit rates.
      • Whether banks are indeed able to adjust deposit rates asymmetrically to positive and
        negative changes in policy rates could thus well depend on how much market power they hold
        in the deposit market.
      • Arguing that market power increases in the degree of market concentration,
        I further consider whether more concentrated banking sectors set rates (more) asymmetrically.
      • The response of deposit rates in banking sectors with an average degree of concentration does
        not appear asymmetric.
      • The degree of market concentration is often pointed at, but recent evidence
        for the euro area is scarce.
      • In this paper, I provide empirical evidence on the asymmetric response of deposit rates to
        monetary policy, and relate this to the degree of concentration within a country?s banking sector.
      • Both papers
        provide empirical evidence based on US deposit markets showing that deposit rates respond
        more rigidly to upward changes in market rates than downward changes, especially so in more
        concentrated markets.
      • Recent research on euro area deposit markets,
        instead, has focused more on the transmission of negative policy rates (see e.g.
      • Whether banks are able to set deposit rates that materially differ from policy rates is affected

        ECB Working Paper Series No 2896

        4

        by market concentration: market power is assumed to increase in the degree of concentration in
        the banking sector.

      • Concentration thus appears to matter for how quickly ECB monetary policy has
        been transmitted to deposit rates across the euro area.
      • Banks thus have a motive to be
        rigid in adjusting deposit rates to a ?positive? monetary policy shock.
      • While customers are generally (and potentially rationally) inattentive, swift and substantial
        nominal deposit rate declines may trigger deposit outflows.
      • relative deposit rate = deposit rate - short term rate
        The inverse of the wedge, the relative deposit rate will allow us to see more clearly how
        the deposit rate evolves in comparison to the short-term rate.
      • This then translates to (more
        pronounced) effects on the transmission of policy to the deposit wedge, reinforcing the asymmetry discussed before.
      • More concentration would mean more rigid deposit rates (and thus an
        increase in the deposit wedge) in case of positive surprises, and more flexible deposit rates (and
        thus a decrease in the deposit wedge) in case of negative surprises (see also e.g.
      • I add an identical
        altered-linex adjustment cost for deposit rates, to capture the upward rigidity and downward
        flexibility of deposit rates as well.
      • As discussed
        previously, the deposit rate is particularly rigid in case of a positive shock, illustrating the dividend smoothing motive and bank market power.
      • Without the asymmetric adjustment cost,
        the response of the deposit rates to positive and negative changes in policy would have been
        symmetric.
      • This appears a reasonable assumption
        in general, as market concentration or market shares are slow-moving concepts.
      • 3

        Methods and data

        I study the dynamic response to an unexpected change in monetary policy on deposit rates
        in different countries in the euro area.

      • deposit rate - short-term rate), which for the sake of
        brevity I will refer to as the ?relative deposit rate?.
      • Positive IRFs for the relative deposit rate imply that
        the deposit rate has increased by more than the short-term rate, narrowing the wedge between
        the short-term rate and the deposit rate.
      • 0
        ?2

        ?2
        ?4
        ?6

        ?4
        4

        8

        12

        4

        Months

        8

        12

        Months

        Figure 9: NFC rate response - linear combination of ?0 and ?1

        Relative deposit rate at 1 month

        Relative deposit rate at 4 months

        0.0

        0
        ?1

        p.p.

      • 0
        0

        ?2
        ?1
        ?4
        4

        8

        12

        4

        8

        Months

        12

        Months

        Figure 12: NFC rate response - linear combination of ?0 and ?1

        Relative deposit rate at 1 month

        Relative deposit rate at 4 months
        2.0

        1.5

        p.p.

      • And, (2) how quickly
        households and NFCs learn about changes in monetary policy, via the deposit rate, may vary
        across the monetary union.
      • ?0 , ?1 )
        Figure A16: NFC overnight deposits, small member states

        Relative deposit rate (average)

        Relative deposit rate (interaction)

        2

        10
        5

        p.p.

      • ?0 , ?1 )
        Figure A19: NFC overnight deposits, four lags

        Relative deposit rate (average)

        Relative deposit rate (interaction)
        5

        0

        p.p.

      • ?0 , ?1 )
        Figure A28: NFC overnight deposits, small member states

        Relative deposit rate (average)

        Relative deposit rate (interaction)

        3

        5.0

        2

        2.5

        p.p.

      • ?0 , ?1 )
        Figure A31: NFC overnight deposits, four lags

        Relative deposit rate (average)

        Relative deposit rate (interaction)

        3
        2

        p.p.

    Implications for macroprudential policy as the financial cycle turns

    Retrieved on: 
    Martedì, Luglio 4, 2023
    Insurance, Global, Housing, Czech Republic, Coronavirus, S, Section 5 of the Indian Limitation Act, Jonas Prapiestis, Journal, Risk, Buffer, Acceleration, Saldías, Navarre, Environment, SRI, RRE, Face, Policy, LTV, ECB, Basel Committee on Banking Supervision, Credit, Pressure, Tooth loosening, European Central Bank, COVID-19, Section 1, BBM (software), Bank for International Settlements, LTI, Fahr, A, Adoption, BSI, Probability, Financial crisis, P, SSM, United Kingdom, Weather, Bank, Security (finance), Real estate, Bookkeeping, Instrumentation, Cryptocurrency, Security printing, Wood drying, Macroprudential regulation
    Key Points: 

    Legacy Broker Models Enable Insider Trading And Market Manipulation: PayBito CEO Raj Chowdhury

    Retrieved on: 
    Giovedì, Giugno 8, 2023
    Cloud, Learning, The Only Constant, Breeding, PALO, Incidents, Cycle, Gatekeeper, Future, Broker, Data analysis, Risk, As a service, Growth, AI, Financial crisis, News, Management, Cryptocurrency, Insurance, Retail, Financial services, Sales, Bank, Online shopping

    PALO ALTO, Calif., June 8, 2023 /PRNewswire-PRWeb/ -- Exchanges drive up a notable segment of the world's economy, with brokers across the globe facilitating transactions among countless investors and traders. Tech innovations, despite their potential to transform business operations, have yet to make their presence felt across the major conventional exchange broker models. The negligence towards modern solutions is fostering financial exclusion through limited broker access and institutional favoritism, restricting non-institutional traders. PayBito CEO Raj Chowdhury explains how institutional investors control these seemingly random variables to control the entire stock market trajectory.

    Key Points: 
    • The PayBito CEO explains how legacy brokerage models are misfits in modern times, contributing to insider trading and market manipulation, and proposes the cloud BaaS solution.
    • PayBito CEO Raj Chowdhury explains how institutional investors control these seemingly random variables to control the entire stock market trajectory.
    • Change is the Only Constant in the Cycle of Evolution:
      The PayBito CEO Raj Chowdhury states, "Legacy broker models have failed to keep up with the changing dynamics of the market, enabling insider trading and market manipulation.
    • It enables investors from all backgrounds to access real-time market data and AI-generated insights, reducing the risk of insider trading.