Posts Tagged ‘economy’

Asset Management

Friday, June 28th, 2019

' ' Perhaps with the shareholding market improving, deep ' macro' they start to relieve more than long/shorts, but they are an alternative of diversificao' ' , she says. Looking at the period of one year and way, the deep multimarkets until they do not go so badly, Marcelo D&#039 says; August, partner of the site Richness. It remembers that many managers if had specialized in deep of low volatileness, as Pactual Asset Management and Neo Investments. This strategy, in a market tumultuated as of the year passed to here, attracted the investors and became these deep greaters of the market. Added, deep the High Yield and Hedge of the Pactual add R$ 5 billion more than, with volatileness of 0,83% and 1,45% to the year, respectively. For comparison effect, the CDI has a 0,08% volatileness, Ibovespa of 31,97% and the dollar of 10,40%. ' ' This sample that these deep ones have a very small position in asset of risco' ' , D&#039 says; August. In compensation, of December of 2003 the June of this year, the High Yield accumulates 27,26% return and the Hedge, 27.78%, for a CDI of 26,75%.Olhando great the deep ones that are not under management of great banks, D' August detaches the Green, of the Hedging Griffo, with patrimony of R 1,390 billion, yield of 26,31% in the period and a volatileness of 7,15%.

The CS Absolut, of Credit Suisse, with volatileness of 7,15% and yield of 44,28% in 18 months, has patrimony of R$ 964 million. Between independent, managing the news they had also had greater captation in this year, case of the Mau Asset Management.D' August separated 52 deep multimarkets with bigger volatileness, that congregate R$ 8,990 billion, including Hedging Griffo, CSFB, Topsail, JGP and Clritas. With low volatileness it has 15 deep with patrimony of R$ 8,488 billion, what it shows preference of the investor for the lesser risk.

Edge Accounting

Thursday, December 20th, 2018

She is of if analyzing that the accounting of costs, properly said, mensura and tells related financial information to the acquisition and to the consumption of resources of organization, supplying information in such a way the managemental accounting how much for the financial accounting. Of the financial accounting, that is limited by generally accepted the countable principles, it has restriction of the recognition of the prescription and in the mensurao of the cost, as well as, of the types of item that are classified as active, passive or equity in the patrimonial rocking. Whereas in the managemental accounting it does not have restriction of these principles, therefore its focus mainly is directed to the internal public and the managers, manipulators of these information, that are each time more worried in sharing them with its suppliers and customers. It is evident that in the present time and inside of the increasing bombing of information, the paper that must be traced by the accounting of costs it cannot leave of side to the managemental accounting, of a time that the great mass of external customers demands quality in the placed products the sales, at the same time where the sensitivity of accountants are demanded in the use of the requested countable information for the managers. (As opposed to Nissan). Complement, still, that the success of the managemental accounting is in the measure where has an improvement in the decisions taken for the managers who have the ownership of the countable information, therefore is not enough to know the cost of each fraction, more most important it is to know to place with bigger efficiency and effectiveness its value in the demanded necessary measure. E, for the entrepreneur, one of the best alternatives for the verification of its performance is through the well-taken care of had one in the attainment of its profit as only measure that in such a way relates its managemental responsibility in the attainment of the sales of its services or products, how much in the formation of its costs. The best alternative can be verified, in this ticket, that stops the effective analysis of its internal managemental performance, is from the mensurao of its segment of distribution, being that for this analysis and, not so custosa as ABC techniques, are to the use of the Edge of Contribution Unitria or Total, that is one of the most powerful and less dispendiosas tools for taking of decisions, of a time that the entrepreneurs if come back toward this technique and if they consider to adjust it, what he is perfectly possible. I will not extend myself in search of the detailings of these adjustments. In a next article I will say more specifies technical and on them.

Formularization

Sunday, September 7th, 2014

The Problem of the Research The increasing interconnection of the markets capitals, propitiated for pressures of deregulation of the segment banking and impelled by the technological advances and the development of new products, cause, on the other hand, one more good allocation of resources, in view of that a bigger number of investment alternatives becomes available the economic agents. Of this form, deficit surplus and agent agents in diverse parts of the globe can interact in more efficient way, with little legal barriers and lesser operational difficulties to effect transactions. Of another side, however, new factors of risk appear, a time that if increases the degree of decurrent sophistication of the introduction of new financial products and of the proper dynamics of the market. Thus, the easiness and the rapidity of the flows of capitals imply greaters risks for the financial system as a whole, in result of bigger possibility of that an event, initially restricted to some institutions it causes a sistmica crisis, that is, it causes losses that affect the financial segment all. A time that the financial system is formed by institutions that if strong find ones to the others atreladas, problems with a participant of the market can quickly spread and cause generalized damages, spreading over diverse institutions and being able to at risk put the credibility of all the financial market. 1,2 Formularization of the Problem In this context, regulating participants of the market and agencies, searching protection against losses, come developing and fomenting the use of mechanisms for the management of risks. Amongst these mechanisms, the contracts of derivatives? ‘ ‘ Opes’ ‘ – they appear as agile and flexible instrument for the transference of risk, allowing that economic agents can adjust its wallets of investments in accordance with its profile of risk and its availabilities of resources. Of this form a business decision must be analyzed with the concern to generate a financial impact positive, considering the efforts of the organization in the allocation of risk in optimized way..

International Monetary Fund Liechtenstein

Monday, December 16th, 2013

Liechtenstein, with 35,000 inhabitants, is a tax haven, a ‘sovereign state’ no tax law, which defends the extreme secrecy and lax regulations for establishing businesses and opaque financial companies over which it exercises no control. On behalf of the sacrosanct market and financial freedom. The tiny Liechtenstein has become a financial haven for terrorists of ETA, Al Qaeda and the like. Since tax havens also Gibraltar, Andorra, Switzerland and Monaco. All in old Europe, of course. Thanks to an instruction from the Court of Spain (Jurisdiction facing crimes of terrorism), we know that the terrorist organization ETA has bank accounts and investments in Liechtenstein.

Terrorists get money extorting Spanish businessmen. If anyone refuses to pay, he was assassinated. This complicated nature of financial intrigue Liechtenstein appears in reports the International Monetary Fund (IMF), Organization for Economic Cooperation and Development (OECD) and investigations National Court cited. An accomplice is one who, without being the author of offense, cooperates in their perpetration of acts or omissions not essential. The IMF reports that Liechtenstein is an area ripe for money laundering. ” It must be true when “90% of companies registered in Liechtenstein has no commercial activity.” That blackness is evident financial results of operations known Spanish police. In the so-called “Operation David” was discovered a marriage of the Medellin Colombian drug traffickers and Galician using Liechtenstein banks to finance the charter of vessels and transporting cocaine from Colombia to Spain.

Exploration

Tuesday, July 3rd, 2012

To operate these reservoirs without the unitizao would introduce conflicts and if it would lose the power to determine the excellent rhythm of> exploration. The unitizao implies in previously making the accurate sizing of the discovered reservoirs, what it demands a campaign of soundings in the contiguous areas not yet bid on. The new regulation foresees the possibility of previous evaluation for the ANP, that already is negotiating with Petrobra’s the conditions for the unitizao of Tupi and Iara, being that in this last one, certainly, the reservoir extravasa the bid on area. Probably, the same it will be necessary in Carioca and Guar, Jupiter, and others. It is important to observe that the unification of the operation of contiguous reservoirs can be recommendable for other reasons that the simple conflict of cultivates.

It is that the joint exploration of next reservoirs (pooling), despite not linked, mainly in high-sea, it can reduce logistic costs and maximize resulted. It is enough to observe the map of the daily pay-salt in the Basin of Saints, to see itself that it has innumerable chances, beyond Tupi and Iara, due to proximity, of joint operation of reservoirs, sharing infrastructure, and minimizing investments and costs. In the truth, it is not impossible that all this cluster comes if to transform into a great partnership between all players involved, had to the great logistic difficulties and the proximity of reservatrios.4) Because NEP (Petrosal)? The new state-owned company Petrosal approximately follows the model of the Petoro Norwegian, who is not an operting company and has for basic objective to represent the government in the trusts created to manage different contracts of allotment in the Norwegian oil. The Petrosal, in the same way, will represent the Union in the trusts, regimen of allotment, by means of accompaniment of the activities in the area of E& P, in special the production cost.