liquidity portfolio 中文意思是什麼
liquidity portfolio
解釋
流動資產組合-
During portfolio management, there are trade - impact cost, strategy - execution cost by free - rider, liquidity management cost and style - execution cost by style investment
證券投資資金存在特定的資產組合管理成本，包括交易影響成本、免費搭車者引起的方案執行成本、開放式基金的流動性成本及特定基金的風格執行成本。 -
The majority of the assets in the portfolio are invested in interest - bearing securities with high liquidity and credit quality, such as us treasuries
組合中的大部分資產均投資於美國國庫券等流通性和信貸素質均屬于高水平的計息證券。 -
To achieve these objectives, the exchange fund is managed as three separate portfolios : a liquidity portfolio to meet needs arising from monetary operations ; a hedge portfolio to ensure that the obligations of the exchange fund will be met fully and an investment portfolio to generate long - term returns
為達致這三個目標，外匯基金分為三個不同的組合來管理：流動資產組合，以應付貨幣市場操作的需要對沖組合，以確保外匯基金能履行所有合約和責任和投資組合，以爭取最高的長期回報。 -
This decision was announced by the financial secretary in the 1998 99 budget speech. with effect from 1 april 1998, the fiscal reserves previously placed as hong kong dollar deposits with the exchange fund will be actively managed by the hkma as an integral part of the investment portfolio and liquidity portfolio such that the return on these government reserves will be linked to the performance of the exchange fund
財政司司長在一九九八九九年度財政預算案中公布了這項決定，由一九九八年四月一日起，過去以港元存款形式存入外匯基金的財政儲備會由金融管理局積極管理，成為投資組合和流動資產組合其中一個重要部分。 -
Then, this paper introduce a new method of measuring the risk ? ? cohesive value at risk ( cvar ), which is more logical than the var on optimizing the portfolio according to the characteristic of the stock bargaining market of our country, it constructs a corresponding index of liquidity risk of the stock assert of the open - end fund, and by constructing a optimized model in cvar, the liquidity risk of stock assert of the open - end fund is efficiently controlled
接著，本文引入了一種全新測量風險的方法cvar方法，並且根據我國交易市場的特點構造了相應的開放式基金股票組合的流動性風險指標，通過構造cvar調整的投資組合風險優化模型有效的控制了股票資產組合的流動性風險。本文的研究表明: （ 1 ）開放式基金股票組合的流動性風險具有明顯的尾部風險。 -
Open - end funds, a new vehicle in security market of china, combines the liquidity & convenience of current account and the high return of portfolio, which cause investors " general concern since they have been issued in september 2001
開放式基金是我國證券市場一個新的投資品種，它集銀行活期存款的流動性便利性、證券組合投資的高收益於性一身。自從2001年9月開放式基金在我國發行以來，倍受投資者的關注。 -
An objective measure of performance is to compare the rate of return achieved against that of a benchmark investment portfolio which reflects the levels of risks and liquidity acceptable to a fund
一個客觀的評估方法，就是利用可以充分反映基金所能承擔的風險和流動性的基準投資組合，將基金的回報率與基準投資組合的回報率作比較。 -
Open - end funds liquidity risk refers to the uncertainty that fund managers can redeem the portfolio at stable price in a given period when a large - scale withdrawal occurs, the extremes of which is quite similar to a run on the bank
開放式基金流動性風險是指基金管理者在面臨大規模贖回壓力時，難以在確定的時間內以穩定的價格將其投資組合變現而引起的不確定性，其極端情況類似於銀行的「擠兌」風險。 -
While the banks do not have strong incentive to offload sizable mortgage portfolio given the abundant liquidity in the market, the market response to the hkmcs efforts to diversify its purchase opportunities has been positive
鑒於市場上的流動資金依然非常充裕，銀行並不積極減持大量的按揭貸款，但市場對按揭證券公司繼續多方面探討購買資產表現積極。展望下半年，購入的資產將會回升。 -
In a word, the author expounds his on view that a moderate portfolio strategy should be taken in order to pursue security, profitability and liquidity of investment, particularly to increase investing return of life insurance fund by all means in china
5 、鑒于目前我國壽險業所處的發展階段、我國金融市場的情況、以及政府對壽險投資的限制情況，我國壽險投資應該採取穩健的資產組合策略，確保投資的安全性，重視收益性，兼顧流動性。 -
For example, the hkma might fund liquidity support to banks through borrowing in the interbank market, uplifting its hk dollar deposits selling hk dollar assets, or selling foreign currency assets outside those earmarked for the backing portfolio
例如，金管局可透過在銀行同業市場借款增加本身港元存款出售港元資產，或出售支持組合范圍以外的外幣資產，藉此為銀行提供所需的流動資金。 -
That prompted a bail - out, in which kfw provided eu8 billion of liquidity and covered eu1 billion of eu3. 5 billion of estimated paper losses on the ikb group ' s portfolio
這促使其向股東發放優先股作為紅利，由此復興銀行所提供的八萬億歐元流動資產和3 . 5萬億歐元中將近1萬億歐元的評估報表將在ikb融資團的投資組合中出現差損。 -
It helps the bank manage the concentration and liquidity risks of its mortgage portfolio and provides the means for the corporation to fulfill its objective of enhancing monetary and banking stability by acting as a liquidity provider for financial institutions.
這計劃為銀行提供一個有效的工具，減低按揭組合過度集中的風險及有利於流動資金風險管理。同時，可讓按揭證券公司為金融機構扮演提供流動資金的角色。 -
Meanwhile, abundant global liquidity and investors ' frenzied quest for returns have enabled countries with current account deficits to finance dearer oil imports through inflows of portfolio capital
與此同時，充裕的全球流動資金，以及投資者對回報的狂熱追求，使得有經常賬戶赤字的國家能夠通過投資組合資本的流入，為更昂貴的石油進口融資。 -
If they hold a portfolio of investments, they should frequently assess the risk, liquidity and return profile of their investments as a whole, and see whether they are satisfied with the balance among the three factors
若投資者持有集合多項投資產品的組合，便應經常評估整個投資組合的風險流動性及回報，並檢討三者是否平衡。 -
The article refers to both vikaram ' s open - end funds liquidity risk management model and blukers - aulis ' non - parameter model, also take into consideration the particularity of china security market. through the fact that open - end funds suffered heavily from a large - scale withdrawal since the fourth quarter in 2002, it demonstrates the root cause of open - end funds liquidity risk, puts great emphasis on asset reservation in cash, stock portfolio liquidity and capital requirement in withdrawal, eventually raises some valuable advice to hedge liquidity risk
本文參照vikaram （ 2000 ）有關開放式基金流動性風險管理理論模型和布魯克斯?沃利斯的非參數檢驗模型等，結合我國證券市場的特殊性，從2002年第四季度我國開放式基金普遍遭遇大規模贖回現象出發，通過實證研究探討開放式基金流動性風險產生的原因。 -
Section one presents an overview of portfolio fund, shows that the portfolio fund is a way of benefits - sharing, shared risks and professional investment therefore expects to succeed in lower risk and higher return. section two explained the transfer trend from cef to oef gradually. by comparing the cef and oef, this section lists the differences between cef and oef, such as size, pricing, etc, and concludes that these differences are the reason for the liquidity risk of oef
首先介紹了證券投資基金的起源、定義、特點、分類等，說明了證券投資基金是一種利益共享、風險共擔的集合證券投資方式，由專業投資管理人員進行投資運作，以期在風險較低的情況下，得到較高的回報，具有集合投資、分散風險、專業管理、費用低廉的特點。 -
Fourthly, in the international financial market, apart from the liquidity shocks and the related information channels, the portfolio rebalance made by the market participants can easily transfer crisis from one country to another, even though there is no direct economic linkage between them
第四，在國際金融市場上，除了流動性沖擊、相關信息等渠道外，代理人通過組合投資的重新平衡來很容易地使危機傳染到他國，即便是相關國家沒有直接的經濟關聯。
分享友人