Long would it take under reasonable circumstances, to sell the underlining asset . Remember that whether the investor is a Retail Investor or an institutional investor, you dont own the most liquid bit of the fund. You own a socalled vertical slice, or a proportion of all the funds assets. When you redeem in a perfect world, the fund is selling that vertical slice or giving you a price that would be consistent with it having to do that. The first thing is to understand the liquidity. The second is to play with two variables one, the price, the price discount that would be applied if the money is paid out n the timeframea to sell the represented a proportion, and the second factor is to adjust the redemption term upfront to reflect the time it would take to sell. And obviously there are combinations of those two that could be determined. So we have set out these this broad approach, as you have seen described in the report, and jointly with the fca we are going to consult and examine th
Fridays all millions of people around the world rallying to demand action on Climate Change today the u. N. Is holding an emergency summit with the u. S. And brazil said to be no shows how much progress can be made. Also coming out of the game of thrones reigning once again crowned the winner for best drama at the emmys while a look at the wins and the upsets at t. V. s bigger words. Are brian thomas great to have you with us the worlds oldest a travel Company Thomas Cook has collapsed after failing to secure a last minute bell out more than half a 1000000 people worldwide are currently on holiday with that group Britains Civil Aviation Authority is beginning an operation to bring home some 150000 british just immersed stranded abroad. All ca head tim johnson had this message for thomas cook travelers if customers passengers have a flight booked out from the u. K. Today unfortunately your flight has been canceled dont go to the please dont go to the ports if youre overseas on a thomas
And impeachment inquiry as the Fourth Quarter gets under way. Plus, no force can stop the Chinese People, president xi commemorating the 70th anniversary of the Chinese Communist partys rule, this as violent protests in hong kong ramp up. Facebooks Mark Zuckerberg rallying employees against critics, competitors, and president ial hopefuls, like senator Elizabeth Warren first up, though, investors looking ahead as we begin the Fourth Quarter after a volatile q3, which saw the dow and the s p extend their quarterly win streaks to 3 the nasdaq fell just short of a similar run. For the year, though, leading the major indices with a 20 gain, s p up almost 19 the best performance through q3 since 97. This is all affected by the fact that december was so bad last year. Yeah. For instance, apple up 42 you say, wait a second, great year but apple preannounced the stock had gone down. You have to look at all these to see what is up from the bear market whi what is interesting is this market has
Thats all anyone wants to know after another agonizing day where the dow plunged 760 points and the s p plummeted 2. 98 and this is because of chinas latest move to retaliate against trump by turning the trade war into a much feared currency war. We had big milestones that make me want to call the bottom most other markets, thats exactly what ive been doing but in this market, i think we need to be more cautious because i fear an opening tomorrow that will suck people in only to revisit the lows we saw today and then some and im not going to let that happen on my watch weve reached a level where the downside to upside ratio was 10 1. 101 the late great mark gains said you had to buy something. You had to buy something you had to buy anything or youll regret it he did call the haynes bottom 101 call. I grieve with the latest we seen all kinds of stocks get thrown out even though they have nothing to do with china were listening to crazy theories could what could happen next people are b
Stage in Public Awareness around the globe. Companies involved in oil, coal, and gas are the target of mounting criticism. More than 70 of Greenhouse Gas emissions come from just 100 fossilfuel producers. The top five are petrochina, exxonmobile, bp, sinopec, and royal dutch shell. Investors used to love fossilfuels as a way to make lots of money. But now many are frightened of holding stranded assets. Investment is turning into divestment. Investorors are reversing cour, shedding stocks and bonds in coal, gas, and other climatekillers. Norway is taking it very seriously. Its Sovereign Wealth Fund is pursuing a program of divestment. How well is it working . Reporter norways Sovereign Wealth Fund has assets of nine trillion norwegian kroner. Thats roughly a trillion euros. Its known as the oil fund. It invests worldwide, and is run by the cenentral bank. Itasas set uin 1 199and isisow thlargesesfund of s kind in the rld. Thaim of t fund iso ensure itasreonsisiblmanagement ofsow rereven