Xem 1-20 trên 102 kết quả Situations and decisions
  • Three options emerged for harmonising the scope of institutions that are deemed to provide sufficient guarantees in terms of prudential regulation and capital requirements to fulfil the task of being a depositary. The impact assessment concludes that both credit institutions and regulated investment firms provide sufficient guarantees in terms of prudential regulation, capital requirements and effective supervision to act as UCITS depositaries. Other institutions (such as, e.g.

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  • Effective cost management can be accessed from administrative expense ratio. Negative relationship between administrative expense ratio and mutual growth are confirmed as expected. This implies AMCs with higher effective cost management have higher growth. Positive relationship between funds growth and management fees is as expected but not statistically significant. Negative relationship between size of the AMCs and mutual fund growth is found. Effect from size is different from what the model expects.

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  • There is no single set of “best practices” for risk management in investment companies, but from studies, reports, and other literature relating to risk management generally, as well as the considerable experience of those involved in risk management and risk oversight in the fund industry, some common themes emerge. Regardless of how a fund group’s risk management function is organized and implemented, the following recurring themes may serve as a backdrop to the fund board’s consideration of risk management processes....

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  • It is unclear whether MMMFs, as currently structured, are really pass-through entities. Fund investors see no fluctuations in their share values based on changing interest rates or credit spreads. When fund losses materialize, it is usually the sponsors rather than investors who absorb them. And in the only recent example of investors being required to absorb a loss, a run was triggered on other funds that may have significantly impacted the broader economy absent government intervention. ...

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  • As with most design development projects, one key challenge was how to select and organize the content of the notice to address these goals and questions. We used the information and elements required by the law, organizing them in different ways throughout the process to arrive at a final organization of the content that worked. We developed and tested a variety of designs, ultimately structuring the disclosure of information sharing practices in a table format.

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  • Over the last ten years or so, interest in outdoor ambient air pollution monitoring has tended to move away from carbon monoxide and towards other pollutants such as NOx and particulate matter. This is due to the limited direct health impacts associated with exposure to modest amounts of carbon monoxide. There has also been a gerneral decrease in the ambient concentrations of carbon monoxide measured in recent years as a result of improved vehicle technology.

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  • Gestalt structures of purely formal beauty. Objects of sensation manifest themselves very rarely, if ever, in isolation. They normally occur in association with each other in such a way as to manifest Gestalt structures of different types, and such structures, too, may be beautiful or ugly. Thus melodies, tones, geometrical patterns, blends of perfumes or of tastes, rhythms, colour-harmonies, etc., will constitute Witasek's second class of elementary aesthetic objects (39ff.).

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  • A small number of high-growth firms (henceforth HGFs) have received an increasing amount of attention in the literature in recent years. This is because they generate the bulk of – or all – new jobs (e.g., Birch and Medoff, 1994; Henrekson and Johansson, 2010; Storey, 1994).

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  • In carrying out its work, the WHO Blood Cold Chain Project has been supported by manufacturers of blood cold chain equipment and national authorities who have participated in field evaluation programmes. Manufacturers’ equipment, evaluated under the WHO Project, appear in this Guide as examples of blood cold chain equipment only.

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  • Another major global trend – and one not easily controlled – is the global rise in temperature. Most debates are currently focused on the extent of human agency and on the nature of the causes of climate change. Should climate change have the effects popularly predicted – by no means a fait accompli – then geostrategy will return as an important factor in interna- tional politics.

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  • The apical meristem and zone of cell extension of impeded roots is shorter (Barley, 1962; Souty, 1987), and root hairs develop closer to the tip of impeded roots (Goss & Russell, 1980). Lateral initiation occurs nearer the tip and laterals occur together along the impeded axis (Goss & Russell, 1980; Barley, 1962). Where mechanical deflection causes roots to curve around an obstacle, the initiation of laterals generally occurs on the convex side of the root (Goss & Russell, 1980). Root hair development is greater on the opposite (concave) side and, in...

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  • Of the respondents, 73% people in the survey believe successful project managers have a high level of leadership skills and 9% partial agree with that statement, for a total of 82%. Leadership skills can help people run a project more easily, but they are not guarantees of project success. While project managers might be successful with leadership skills, they will definitely fail without those skills. In some cases, projects may be completed by a leader with low-level skills; however, if this leader could acquire more skills, the project may be more successful in some aspects.

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  • For about the first ten years of its existence, cinema in the United States and elsewhere was mainly a trick and a gadget. Before 1896 the coin-operated Kinematograph of Edison was present at many fairs and in many entertainment venues. Spectators had to throw a coin in the machine and peek through glasses to see the film. The first projections, from 1896 onwards, attracted large audiences. Lumière had a group of operators who travelled around the world with the cinematograph, and showed the pictures in theatres. After a few years, around 1900, films became a part of the program in...

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  • Error analysis was first introduced by Fries (1945) and Lado (1957) who have calimed that foreign or second language learners’ errors could be predicted on the basis of the differences between the learners native and second languages. They have also suggested that where the aspects of the target language are similar to those of the learners’ native language, learning will be easy; otherwise, it will be difficult and second language learners are expected to make errors.

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  • Given that thinking steps have been shown to be modestly correlated with the efficiency of working memory (measured by digit span; see Devetag and Warglien, 2003) and aging may reduce working memory or, potentially, some other cognitive process related to strategic reasoning, these changes could lead older subjects to use lower values of n, and to choose higher numbers than younger subjects.

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  • These adult ESOL learners may reside in the United States perma- nently, or in some cases for indefi nite but long periods of time (in contrast to international university students who are typically expected to return to their home countries). Also included here are the adult children of these immigrants and refugees—children who arrived in the United States late enough in life that their own spoken English is noticeably nonnative and not their dominant language.

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  • The difference between the transport footprint of London and that of St Albans is striking. The average resident’s transport footprint in St Albans is 55% bigger than the London average. Public transport, low levels of car ownership and policies to discourage large, polluting cars are behind London’s lower transport footprint. Within London most commuting is by public transport. High levels of commuting from St Albans (particularly by car rather than public transport) into London are partially to blame for St Albans’ high transport footprint. Some...

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  • Solution: Lead your team in a different way. Think of your project team differently from how you think of your department. Reduce your role to that of monitor. Watch the budget and the schedule, and ensure that your team comes through; be available to solve problems that your team wants you to solve. For some projects, you may need to work on the same level as your team because of deadline pressures, lack of people on your team, or unexpected problems and delays. But step in only if your team needs you, not because you assume that’s always the best way to proceed. • Problem:...

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  • Furthermore, when the two goods are complements pure components equilibrium features higher pro ts for all the retailers relative to the pure bundling equilibrium. If the retail industry shares pro ts with the producers of these two goods in some proportional way, none of the producers have incentive to allow bundling as that would make the competition between retailers harsher and will lead to less pro t for the industry. Lastly, assembling goods into a bundle is a costly exercise for retailers.

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  • Drainage of water through the soil profile to groundwater and surface water appears to be the hydrologic pathway that most frequently leads to problematic nitrate contamination of surface waters in agricultural watersheds. This can occur in two ways: by natural drainage where ground water contributes to stream flow and river flow, and by artificial subsurface drainage, where perforated pipes (sometimes called tile drains) have been buried in the soil for the purpose of removing water to reduce damage caused by saturated conditions and thereby enhance crop production (Fig. 1).

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