Digitization in Finance: FinTech and Automated Investment Tool

10.36068/1.5 ◽  
2019 ◽  
Keyword(s):  
Investment Tool

PFI OECD - Framework for Strong investment Policy

2015 ◽  
pp. 151-156
Author(s):  
A. Koval
Keyword(s):  
Sustainable Development ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Comprehensive Approach ◽  
Investment Policy ◽  
Policy Framework ◽  
Investment Climate ◽  
Systematic Monitoring ◽  
Investment Tool ◽  
National Investment

The improving investment climate objective requires a comprehensive approach to the regulatory framework enhancement. Policy Framework for Investment (PFI) is a significant OECD’s investment tool which makes possible to identify the key obstacles to the inflow foreign direct investment and to determine the main measures to overcome them. Using PFI by Russian authorities would allow a systematic monitoring of the national investment policy and also take steps to improve the effectiveness of sustainable development promotion regulations.

scholarly journals SUKUK SEBAGAI ALTERNATIF INSTRUMEN INVESTASI DAN PENDANAAN

2014 ◽  
Vol 2 (1) ◽  
pp. 61
Author(s):  
Ika Indriasari
Keyword(s):  
Global Markets ◽  
Indonesian Government ◽  
The World ◽  
Investment Tool ◽  
Islamic Investment

Sukuk is a form of Islamic investment instrument that is developing in Indonesia and various countries in the world. The superiority of Sukuk as a form of relatively safe investment makes sukuk accepted as an investment tool as well as funding for countries with a majority of Muslim and non-Muslim populations. The Indonesian government began to establish rules regarding sukuk since 2008 and continues to develop and innovate in sukuk transactions. Greetings and interest in investing in Indonesian sukuk are very good, both in the domestic and global markets. This can be seen from the oversubscription that occurs in Indonesian sukuk. Great interest in sukuk, especially in Indonesia shows that sukuk can provide good alternatives for investors and the country for funding needs in Indonesia's development.

Environmental Aspect of Implementing Integrated Programs for Optimizing Local Energy in Russia by the Case of the Khabarovsk Territory

2020 ◽  
Vol 144 ◽  
pp. 134-141
Author(s):  
Konstantin K. Il'kovskii ◽  
◽  
Fedor Yu. Lukovtsev ◽  
Guzel' R. Akhmetshina ◽  
◽  
...  
Keyword(s):  
Co2 Emissions ◽  
Environmental Effects ◽  
Power Plants ◽  
Energy Generation ◽  
Local Energy ◽  
Environmental Aspect ◽  
Comprehensive Program ◽  
Green Finance ◽  
Integrated Programs ◽  
Investment Tool

The article dwells on technological and environmental effects of implementing a comprehensive program for optimizing local energy, reducing CO2 emissions from energy generation at diesel power plants. The possibility of using “green” finance as an investment tool is also addressed.

scholarly journals Building a scenario based active mapping investment tool within a physical asset management framework

2014 ◽  
Vol 17 (2) ◽  
pp. 194-206
Author(s):  
Cedric Abraham Campher ◽  
PJ Vlok
Keyword(s):  
Cash Flow ◽  
Asset Management ◽  
Capital Budgeting ◽  
Stock Option ◽  
Added Value ◽  
Discounted Cash Flow ◽  
Managerial Decision ◽  
Investment Tool ◽  
Physical Asset ◽  
Option Theory

This study explores the implementation of an integrated capital budgeting visual mapping framework comprised of both Discounted Cash Flow (DCF) and Real Options Analysis (ROA) techniques. Physical asset investment decisions are based largely on rigid discounted cash flow tools which provide untimely and incomplete decisional criteria. While literature outlines the widespread use of traditional DCF techniques, it nevertheless reveals extensive limitations, including its static inflexibility and slow-to-evolve framework. ROA is a more recent valuation tool based on stock option theory. It brings into account added value found in the flexibility of managerial decision-making and uncertain conditions. This study implements a combined DCF and ROA capital budgeting tool within a Physical Asset Management (PAM) environment. The validity of the framework is realised through an industry-relevant case study presented by a South African mining company.

scholarly journals A Study of Investors’ Attitude towards Mutual fund in Kathmandu City, Nepal

2018 ◽  
Vol 4 (1) ◽  
pp. 1-11
Author(s):  
Rajan Bilas Bajracharya
Keyword(s):  
Mutual Fund ◽  
Investment Decision ◽  
Regulatory Change ◽  
Private Companies ◽  
Investment Level ◽  
Small Investors ◽  
Policy Measures ◽  
Investment Tool ◽  
Different Sources ◽  
Structured Questionnaire

Mutual fund is an investment tool which assembles the savings of millions of small investors into huge capital formation. The primary goal behind investment in mutual fund is to earn goods return with comparatively low risk. The main purpose of doing this research is to find out a relationship between selected demographic and socioeconomic characteristics and investors’ attitude towards mutual. Another purpose of this research was to rank different sources investors use to make investment decision on the basis on their preference. By using Likert scale (0 to 1) and three levels (positive, neutral, negative) in structured questionnaire, researchers have measured the level of attitude towards mutual fund and levels of preference of sources are to investment decision. It is found that, the investors attitude is not independent towards mutual fund on the basis of demographic and socio economic variable (age, gender, monthly income, investment level, educational qualification). Also, among selected sources, investors provide their highest preference to Brokers/Agents to make investment. The study has suggested some important policy measures such as regulatory change, creating investors awareness, encouraging the private companies to raise fund through mutual fund.

scholarly journals CRYPTOCURRENCIES OR CAPITAL MARKETS. COMPARATIVE ANALYSIS OF INVESTMENT EFFICIENCY IN 2011-2020

2022 ◽  
Author(s):  
Sylwester Kozak ◽  
Seweryn Gajdek
Keyword(s):  
Comparative Analysis ◽  
Interest Rates ◽  
Capital Markets ◽  
The Other ◽  
Investment Efficiency ◽  
Rates Of Return ◽  
Global Capital ◽  
Low Interest Rates ◽  
Investment Tool ◽  
Global Financial System

Cryptocurrencies have become an important element of the global financial system and a frequent investment tool in the last decade. The aim of this paper is to compare the efficiency of investments in the cryptocurrency market with investments in global capital markets. The study used the quotations of the analyzed instruments in the years 2011-2020. The investment efficiency was estimated using Sharpe and Sortino ratios. Research has shown that investments in cryptocurrencies were the most effective. They brought, on average, the highest daily rates of return, but on the other hand, they were characterized by the highest risk. Such a result could have been significantly influenced by the widespread persistence of ultra-low interest rates and a decline in the attractiveness of debt securities. The best results were obtained for investments in bitcoin and ethereum, which have the largest share of cryptocurrency market capitalization.

scholarly journals ASSESSMENT OF THE INVESTMENT ATTRACTIVENESS OF REGIONAL BONDS OF THE ORENBURG REGION IN THE CONTEXT OF MITIGATING MONETARY POLICY AND GLOBAL UNCERTAINTY

2020 ◽  
pp. 48-60
Author(s):  
V.S. Levin ◽  
Keyword(s):  
Monetary Policy ◽  
Credit Rating ◽  
Factor Model ◽  
High Reliability ◽  
Municipal Bonds ◽  
Market Pricing ◽  
Orenburg Region ◽  
Investment Tool ◽  
Tax Savings ◽  
Global Uncertainty

The relevance of the research is that regional bonds are not only a source of covering the region’s public debt, but also a tool for investment. Currently, the investment attractiveness of such instruments is low, since they are not liquid enough and are low-yielding. In the context of global uncertainty and monetary policy easing, regional bonds can be considered as an alternative investment tool, since they have a fairly high reliability and low investment risk. The purpose of the research is to assess the investment attractiveness of regional bonds of the Orenburg region. The main results are as follows. The comparative characteristics of the Moscow exchange indices on the terms and depth of correction in the securities market in the first half of 2020 are carried out. The dynamics of the exchange rate value of bonds of the Orenburg region (issue # 35003) and the index of municipal bonds are analyzed. It is shown that the bonds of the Orenburg region included in the index of municipal bonds are more stable and conservative financial instruments in comparison with other units of the considered population. The correlation between the yield, price and duration of bonds from the municipal bond index is identified and described based on correlation and regression analysis. To do this, the relationships between the yield and price of bonds were initially estimated using pair regression, and then the yield and duration of the bonds were estimated. As a result, a multi-factor model of multiple regression was built, which allows forecasting the yield of regional bonds. Other factors that are not included in the model and may have an impact on bond yields are indicated. It is shown that in comparison with budget loans, bond loans have a number of advantages: a longer-term nature of attracting funds, availability for a large number of investors, market pricing, the ability to improve the image and investment attractiveness of the Issuer with the help of a credit rating of the region, confirmed by leading rating agencies. The reliability of regional bonds of the Orenburg region was confirmed by the rating Agency Fitch Ratings on June 12, 2020 at the level of «BB+», the forecast is «Stable». It is shown that an additional incentive to purchase sub-Federal bonds by individuals can be a significant tax savings in the framework of opening and active use of an individual investment account.

scholarly journals EVOLUTION IN WAQF JURISPRUDENCE AND ISLAMIC FINANCIAL INNOVATION

2018 ◽  
Vol 4 (1) ◽  
pp. 161-182 ◽  
Author(s):  
Mohammad Abdullah
Keyword(s):  
Risk Mitigation ◽  
Financial Innovation ◽  
Evolutionary Process ◽  
Islamic Finance ◽  
Finance Industry ◽  
Financial Products ◽  
Current Scenario ◽  
Charitable Institution ◽  
Investment Tool ◽  
Compare And Contrast

This paper aims to analyse the evolutionary process in the jurisprudential structure of modern waqf (Islamic endowment) and underlines the scope of Islamic financial innovation through the mechanism of waqf. The paper proposes the innovative models of parallel waqf, waqf-based social and financial instruments, waqf-based ṣukūk, micro-takāful, and waqf-based commodity bank. The research adopts the qualitative approach and employs socio-legal research methodology for the analysis. The paper relies on desk-based research. Compared to the classical structure of waqf which was confined within the domain of a perpetual charitable institution, this paper finds that modern waqf has ushered in several new dimensions into its fold. Modern waqf is in the process of re-evolution. Waqf, in the current scenario, has evolved into a financial product, a property-conveyance tool, an instrument of contract, an investment tool, a risk mitigation mechanism and an incorporated entity. The scope of this paper is limited to analysing the jurisprudential evolution of waqf and its impact on the Islamic finance industry. It does not seek to discuss the overall role or impact of waqf on the society as a whole. This paper also does not endeavor to compare and contrast the mechanism and modalities of other philanthropic institutions vis-ā-vis waqf. This paper examines the jurisprudential underpinnings of waqf and their implications and applicability to the Islamic finance industry. The paper draws on the process of how the mechanism of waqf has already been employed to develop various innovative Islamic financial products and how this process can be a catalyst for further innovation in the Islamic finance industry. The main contribution of the paper is encapsulated in the analysis of how the jurisprudential structure of the modern waqf has been evolving in the last few decades to accommodate the modern needs of Islamic finance. It further enumerates a few innovative Islamic financial products which can be developed by exploiting the available flexibility in the evolved version of modern waqf.

scholarly journals Examining the effectiveness of fundamental analysis in a long-term stock portfolio

2021 ◽  
Vol 190 (5-6(2)) ◽  
pp. 119-127
Author(s):  
Zoltán Csesznik ◽  
◽  
Sándor Gáspár ◽  
Gergő Thalmeiner ◽  
Zoltán Zéman ◽  
...  
Keyword(s):  
Financial Reporting ◽  
Stock Index ◽  
Financial Indicators ◽  
Financial Modelling ◽  
The Past ◽  
External Data ◽  
Investment Tool ◽  
Stock Portfolio ◽  
Reporting Data

Over the past decade, a number of modern and sophisticated methods have been developed to optimize the composition of equity portfolios. Most of these methods are based on complex mathematical or financial modelling. Less emphasis has been placed on companies’ internal data, while in recent years external data have become increasingly important. However, for long-term investments, the dominance of external data is not necessarily an efficient way to construct an appropriate portfolio. In this paper, we highlight the phenomenon that complex mathematical models, the based on simpler fundamental indicators can also be an efficient investment tool for in making investment decisions. Our results show that our hypothesis has been confirmed that some basic-based indicators can achieve alpha returns. Our analysis is based on financial reporting data in the form of various financial indicators. We used the S&P500 index as benchmark. A comparative analysis of the stock portfolio created illustrates that basic analysis can be more effective than a chosen market-based stock index. By the end of the period under review, the portfolio based on the selected five core financial indicators had a market capitalization 1.68% higher than the benchmark. The alpha return achieved also demonstrates that even simpler models can be efficient and effective in creating an equity portfolio.

Application of the Model as an Investment Tool

2001 ◽  
pp. 94-104
Author(s):  
Jacques Solvay ◽  
Michèle Sanglier ◽  
Paul Brenton
Keyword(s):  
Investment Tool
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