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Further to our prior post about Delaware’s two new appraisal decisions, SWS Group was a small, struggling bank holding company that merged on January 1, 2015 into one of its own substantial creditors, Hilltop Holdings. With regard to beta, the court found fault with both side’s approach. at closing. below the merger price.
Beta-Neutral Portfolios: For example, if the S&P 500 goes up or down by 5%, your team’s portfolio should move by ~0%. So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. Do Multi-Manager Hedge Funds Deliver?
TCFD provides recommended disclosures for these four areas and guidance on how to implement the recommendations for the financial sector ( banks, insurance companies, asset managers, asset owners) and the non-financial sector (energy, transportation, materials and buildings, and agriculture, food and forest products).
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