As ETF strategists, the investment team has a thorough understanding of the underlying instruments
, which enables better asset allocation decisions and risk controls.
Short-selling bans hurt liquidity in the underlying instruments
, especially because they typically come at a time of market distress - when liquidity is already challenged.
What underlying instruments
are being utilized to provide exposure to a given segment of the market, and is this an ETF or another type of exchange-traded product?
Commodity and currency futures prices are tightly linked to the prices of their underlying instruments
, with futures prices highly sensitive to price movements of the underlying.
Also, the duration of the underlying instruments
is chosen to reflect the long-term nature of the fund," says Akshay Gupta, chief executive officer, Peerless Mutual Fund.
The Commission is investigating a 2001 currency swap between the Greek government and investment bank Goldman Sachs to make sure it was in line with Eurostat's accounting rules.aCommission President Jose Manuel Barroso said in a statement, on 9 March, that he would consider banning "naked" CDS selling, where investors speculate without owning the underlying instruments
The opening section depicted the eerie stillness of that little town of Bethlehem with the underlying instruments
creating the astonishing texture of bells ringing far in the distance.
These notes are suitable for clients looking for a regular income and satisfied with a neutral performance of each underlying instrument
. Recently a note was offered using Nestle, Novartis and Roche as the underlying instruments
Additionally, treasurers want to "look under the hood" of money-market mutual funds to see the underlying instruments
and understand what the funds are invested in.
Fee cuts, transparency, revealing the underlying instruments
without giving away the 'secret formula' to copycats, due diligence, redemptions and selling pressures, less restrictions on investors and getting in new money are all topics that might change the face of the industry as we know it today, which might find itself adopting a new model.