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Catastrophe bonds (also known as cat bonds) are a subset of insurance-linked securities (ILS) that transfer a specified set of risks from a sponsor to investors. They were created and first used in the mid-1990s in the aftermath of Hurricane Andrew and the Northridge earthquake. Catastrophe bonds emerged from a need by (re)insurance companies ...
In portfolio management, the Carhart four-factor model is an extra factor addition in the Fama–French three-factor model, proposed by Mark Carhart.The Fama-French model, developed in the 1990, argued most stock market returns are explained by three factors: risk, price (value stocks tending to outperform) and company size (smaller company stocks tending to outperform).
Louis Wain. Louis William Wain (5 August 1860 – 4 July 1939) was an English artist best known for his drawings of anthropomorphised cats and kittens. Wain was born in Clerkenwell, London. In 1881 he sold his first drawing and the following year gave up his teaching position at the West London School of Art to become a full-time illustrator.
Cats is a musical with music by Andrew Lloyd Webber.It is based on the 1939 poetry collection Old Possum's Book of Practical Cats by T. S. Eliot.The musical tells the story of a tribe of cats called the Jellicles and the night they make the "Jellicle choice" by deciding which cat will ascend to the Heaviside Layer and come back to a new life.
TinyKittens Society is a Canadian charity in Fort Langley, British Columbia, Canada, supporting feral cats. The organisation was established as a non-profit in 2015 by Shelly Roche. [1][2][3] It is associated with Langley Animal Protection Society, and often works with Mountain View Veterinary Hospital. [1][2][4][5] The society's volunteers ...
The Undertakings for Collective Investment in Transferable Securities Directive (UCITS) 2009/65/EC is a consolidated EU directive that allows collective investment schemes to operate freely throughout the EU on the basis of a single authorisation from one member state. EU member states are entitled to have additional regulatory requirements for ...
In this video, the giant Saint Bernard has made his own body a soft, cuddly bed for a pair of semi-feral barn kitties who seem to see him as a fuzzy, warm blanket on a chilly day. The black and ...
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin ...