Effect of Fund Size on the Performance of Mutual Funds

Effect of Fund Size on the Performance of Mutual Funds

Автор: Majid Abbasi

Mutual Fund is one of the most important mechanisms for indirect investment in financial markets, which provides better conditions in terms of risk and return, especially for amateur investors. This research examined the effect of fund size on the performance of Iranian mutual funds. The research was carried out on all Iranian mutual funds during 2007 to 2011.There are several aspects and dimensions in evaluating the performance of mutual funds, but this study focused on five aspects: namely Sharpe measure; Jensen differential measure; Treynor measure; Sortino measure and Information measure. Correlation coefficients between all the parameters were computed to assess the degree of relationship between fund size and performance of mutual funds. The findings highlighted no significant relationship between fund size and performance, whether Fixed Income Instruments or Big and Small Cap Stock mutual funds.

Crisis Economics: A Crash Course in the Future of Finance

Crisis Economics: A Crash Course in the Future of Finance

Автор: Nouriel Roubini, Stephen Mihm

In this myth-busting book Nouriel Roubini shows that everything we think about economics is wrong. Financial crises are not unpredictable ‘black swans’, but an inherent part of capitalism. Only by remaking our financial systems to acknowledge this, can we get out of the mess we’re in. Will there be another recession, and if so what shape? When will the next bubble occur? And what can we do about it? Here Roubini gives the answers, and lists his commandments for the future.

L’Eglise du Sauveur «Sur le sang verse» / Спас-на-крови

L’Eglise du Sauveur «Sur le sang verse» / Спас-на-крови

Автор:

Собор Спас на Крови (церковь Воскресения Христова) был сооружен на набережной канала Грибоедова (бывшего Екатерининского канала) в 1883-1907 годах на том месте, где Игнатий Гриневитский, член «Народной воли», 1 марта 1881 года смертельно ранил императора Александра II . Несмотря на столь печальное событие, девятиглавое здание храма поражает своей яркой, пестрой красотой. Оно поистине кажется разноцветной игрушкой на фоне петербургской строгой архитектуры. Архитектор А.Парланд, автор постройки, стилизовал собор в духе русской «орнаментальной» архитектуры. Иллюстрированный альбом на французском языке.

World Trade Organization: Dispute Settlement Reports 2012: Volume XII, Pages 6249-6772

World Trade Organization: Dispute Settlement Reports 2012: Volume XII, Pages 6249-6772

Автор:

The Dispute Settlement Reports of the World Trade Organization (WTO) include Panel and Appellate Body reports, as well as arbitration awards, in disputes concerning the rights and obligations of WTO members under the provisions of the Marrakesh Agreement Establishing the World Trade Organization. These are the WTO authorized and paginated reports in English. An essential addition to the library of all practising and academic trade lawyers and needed by students worldwide taking courses in international economic or trade law. DSR 2012: XII reports on China — Countervailing and Anti-Dumping Duties on Grain Oriented Flat-Rolled Electrical Steel from the United States (WT/DS414).

Cumulative Effect Assessment

Cumulative Effect Assessment

Автор: Shirina Afroze,Asif Iqbal and Oleg Shipin

The concept of cumulative effect assessment (CEA) as a theory and tool for the quantitative assessment of cumulative effects (impacts) on multifunctional wetlands was furthered in view of a an inherent and chronic lack of environmental data sets in the vast majority of ecosystems in the developing Asia that is a major stumbling block on the way of CEA. Whereas expert opinion as a CEA method has been long recognized, a participatory rural appraisal (PRA) as another important method was largely overlooked despite its strong validity under the circumstances when the required environmental data sets are not available. The gaps due to the lack of parametric data hence call for further development of PRA to complement with the CEA tool. The need to overcome the shortage of data sets is thought to be particularly important due to the fact that the developing world comprises most of the world’s ecosystems, biodiversity and human population.

Corporate Renewal A case of Nkana Water and Sewerage Company

Corporate Renewal A case of Nkana Water and Sewerage Company

Автор: Justin Kabaso Chungu

Institutions and organizations renew when faced with sustained decline or non growth. Corporate renewal is at the heart of survival for any organization facing decline and as such «it is an innate and instinctive response for any organization to deal with adversity in order to survive and stay afloat in a competitive environment». The measure of full renewal for any institution or organization lies in the sustained achievement of its corporate objectives through improved operations. This study looked at the various corporate renewal strategies used by Nkana water and sewerage Company Limited to renew its performance. Prior to this period Nkana Water and Sewerage had faced a multiplicity of challenges, from delivering a product that did not meet the international standards to demotivated staff. Successful corporate renewal results in a stronger, leaner, aggressive motivated and mobilized company positioned to command the future and ensure a surge in share holder returns and…

Кому повем печаль мою. Духовные стихи Верхокамья (+ CD-ROM)

Кому повем печаль мою. Духовные стихи Верхокамья (+ CD-ROM)

Автор:

Впервые широкоизвестное музыкальное наследие Пермской земли дополняется уникальной по богатству и разнообразию коллекцией духовных стихов, записанных археографами Московского университета в районе верховьев реки Камы (Верещагинский, Сивинский районы Пермской области и Кезсский район Удмуртии) в 70-х-90-х гг. XX века. В книге приводятся тексты 107 духовных стихов (с вариантами и разночтениями), сохранившихся в рукописях; тексты 64 духовных стихов, исполнение которых было записано на аудиокассеты, сопровождаются нотами. В книгу вошли также исследования, посвященные языку верхокамской духовной поэзии, характеристике музыкальных особенностей и месту духовных стихов в традиционной культуре старообрядческого населения этого региона, а также многочисленные фотографии и рисунки. Книга предназначается для специалистов в области фольклора, истории музыки и языка, членов хоров, исполняющих духовные песнопения, преподавателей школ и всех интересующихся русской и пермской духовной…