Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

1 2 Laurent Huck and Sergio Trezzi During the last 5 years the asset management industry has been constantly invested by events which have required top management of major com- nies to rethink their business model, while preserving their company's mission. From the Internet bubble easy growth model to a strong cost control - vironment in 2000-2003, many financial institutions have undertaken structural changes in order to reap the opportunities offered by the new  market. Hints of globalization have actually been around for several decades, even though they made only a modest impact; however, the availability of global capital and advances in communication technology have emp- sized the process of internationalization and the tools available to connect and integrate business activities to answer to more complex needs of c- ents. Moreover, the financial scandals and the review of mutual fund trade activity in the US by the Attorney General Elliot Spitzer have highlighted the importance to focus all efforts on renewing the confidence of prof- sional investors and their clients who have entrusted their capital to asset managers. Therefore, there is a growing need in the market to reinforce the concept of Shared Positive Values  among the entire industry and among its stakeholders.

Finance --- Tax law --- Business management --- ondernemingsstrategieën --- financiën --- fiscaal recht --- ondernemen

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book, now in its second edition, provides an in-depth overview of all segments of the structured finance business, with particular reference to market trends, deal characteristics and deal structuring. The goal is to assist readers in gaining a clear understanding of the common features of structured finance transactions. The process of deal structuring for each type of transaction is carefully analyzed, with extensively updated chapters on asset securitization, project finance, structured leasing transactions and leveraged acquisitions. In the new edition, particular attention is paid to novel areas of intervention, such as public–private partnerships and non-performing loans in the resolution of bank restructuring. Although the subject of much criticism, structured finance, when used properly, offers an effective solution to the credit crunch that many European countries are suffering and is also a way to revive a single capital market for debt instruments. Readers will find this book to be an illuminating guide to the business and to the best market practices in organizing transactions. It will be of value for BSc and MSc finance students, professionals and consultants alike.

Macroeconomics --- Money market. Capital market --- Private finance --- Accountancy --- Financial organisation --- Corporate finance --- Marketing --- bedrijven --- financiële markten --- financiering --- marketing --- macro-economie --- bedrijfsbeleid --- sociale interventies --- bankwezen --- bedrijfsfinanciën

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Under the pressure of climate and social changes, agriculture is called to play a fundamental role in the world food challenge of the next few decades. A severe reduction of arable land and water scarcity combined with a growing food demand, changes in the dietary preferences in many countries and, more recently, a growing threat to food security and logistics from supply chains interruptions and global trade fragmentation, all require the implementation of processes, techniques, and innovations able to increase productivity and make a better use of scarce resources. Against this backdrop, a growing number of investors and asset managers have started looking at agriculture as an interesting investment theme to exploit the long-term strategic opportunities emerging from technological innovation and social changes. The industry is undergoing a process of transformation driven, on the one hand, by the emergence of new data and technologies that promise enhancing process efficiency and improve yields and, on the other hand, by an increased attention on the GHG emissions of agricultural processes and the impact of farmland on climate change, water and land scarcity. All these factors call for a radical rethinking of many agriculture business models. This book provides a detailed overview and analysis of those new technologies with the greatest potential to disrupt agriculture products and processes by improving productivity and the management of food loss and waste, making a more efficient and sustainable use of resources and enhancing food security. Then, it discusses the implications for investors and asset managers, starting with an assessment of the status quo of agriculture investing and providing a thorough description of the agriculture asset class with an emphasis on its distinctive characteristics and the innovations in the technological processes used in agriculture and farming with the greatest potential to obtain long-term sustainable returns.

Industrial economics --- International finance --- Environmental protection. Environmental technology --- Agronomy --- Business policy --- Civil engineering. Building industry --- industrie --- landbouwbeleid --- investeringen --- bedrijfsbeleid