A Different Way Of Measuring Performance

After a hiatus of a year from writing articles for anyone, I recently had the good fortune of getting re-acquainted with some long-time readers of these pages. A new reader was less than welcoming and had some serious questions about performance, which included the use of non-standard metrics, with a
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Inflows into Indian equity funds in March were the smallest in 13 months as some investors sold before a tax on stock holdings took effect from April 1 and volatility returned to markets worldwide. Equity funds took in a net 66.57 billion rupees ($1 billion), the least since last February, data from the
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On average, equities analysts forecast that Federal National Mortgage Assctn Fnni Me will post $1.68 EPS for the current year. : “Keefe, Bruyette & Woods Reaffirms Underperform Rating for Federal National Mortgage Assctn Fnni Me (FNMA)” was originally reported by Financial Market News and is the
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The number of UK buy-to-let investors in the market reached 2.5 million in the latest tax year, an increase of 5% year-on-year, research by London estate agent ludlowthompson has found. The number of investors in the market increased by 27% in the past five years, up from 1.97 million in 2011.
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The Central Bank of Iran allocated $48 billion in hard currency for imports during the last fiscal year that ended on March 20, 2018, according to its governor, who put it down to new openings in banking ties with other countries. “CBI allocated $48 billion for import of goods and services during the
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A real estate developer was fined Rs 50 lakh for not mentioning its RERA registration number in an advertisement on the front page in a daily newspaper. Maharashtra Real Estate Regulatory Authority (MahaRERA) chairperson Gautam Chatterjee, in an order last week, fined Piramal Realty Rs 50 lakh
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“Solving the housing challenges in Africa will require a massive amount of capital investment and most of that will need to come from the private sector,” said Mr Patrick Kelley, the vice president of Habitat's Terwilliger Center for Innovation in Shelter in a press statement. Financial institutions of all kinds,
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A 67-year-old man died after a fire broke out on the 50th floor of Trump Tower in New York City on Saturday night. The cause of the fire is currently unknown, but according to the New York City Fire Department, the fire was centered in a single large apartment, where they found one critically injured
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The number of buy-to-let investors in the UK rose to a record high of 2.5 million in the latest tax year, new research shows. The increase of 5 per cent on the previous year comes despite the introduction of a host of extra taxes and regulations on the sector. In recent years, the government has brought in a
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Political management is an artful enterprise for a party in power and more for one that administers through a coalition. The Bharatiya Janata Party (BJP) discovered the ordeals of handling incongruent allies in the early years of the first National Democratic Alliance (NDA) dispensation, led by Atal Bihari
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While house prices appear to be in line with fundamental factors, pressures on the market are reducing affordability. Rapid price increases are now widespread across the country, although significant regional differences in absolute terms remain. The European Commission has made a good case for
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Mr. Reitzes also expects the report, the third of three on the housing sector this week, to show average prices down 5 per cent from a year earlier, but the MLS home price index, considered a better measure, up 6 per cent. Don't read too much into that last number because it would still mark the slowest
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State-owned Secondary Mortgage Corporation (SMC) plans to earmark 9 billion baht to acquire mortgage portfolios this year, its head says. SMC's goal is to spend 4 billion baht to buy mortgages from property developers and the remaining 5 billion from financial institutions, said Wasukarn Visansawatdi
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Deutsche Bank AG's near-farce of a CEO search, which saw the lender trying to lure glamorous outsiders, has ended with the “safety-first” candidate. New boss Christian Sewing is a company lifer. He hails from the consumer rather than investment-banking side of the business. His most recent win was
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Vanguard Mortgage Bkd Sects ETF logo Captrust Financial Advisors raised its holdings in Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) by 494.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor
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This year hasn't been kind to precious-metal stock pickers at the world's biggest asset manager, but their luck may be about to turn. The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since the third quarter of 2015. Among large materials-focused equity
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Accurate, trustworthy valuations require taking a deeper look. That's why it's important to have a valuation expert independently review every valuation report and determine whether it makes sense. The most trustworthy valuation providers have a team of highly trained reviewers on staff who diligently
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KUALA LUMPUR: Seasonally adjusted bank lending for the purchase of securities in Malaysia could stabilise in line with the equity market, says Nomura Global Markets Research. It said on Monday its proprietary Financial Imbalance Risk Indicator (FIRI) fell for the second month in its latest reading for
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Loan Vision, the company's mortgage accounting platform, is designed to meet the needs of a rapidly growing mortgage bank that outgrew their legacy off-the-shelf accounting … This allows mortgage lenders to analyze at a more granular level — how each cost center (Region, Branch, LO, Product etc.)
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Mark Goldstein is of counsel for commercial real estate at Bailey Kennedy Attorneys at Law, which last year handled over $100 million in real estate cases. The firm combines real estate and litigation expertise. “We have learned that successful negotiation and drafting of contracts is not enough without
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