scholarly journals Modeling optimal long-term investment strategies of hybrid wind-thermal companies in restructured power market

2019 ◽  
Vol 7 (5) ◽  
pp. 1267-1279 ◽  
Author(s):  
Mohammad Tolou ASKARI ◽  
Mohd. Zainal Abdin Ab. KADIR ◽  
Mehrdad TAHMASEBI ◽  
Ehsan BOLANDIFAR
Keyword(s):  
Power Market ◽  
Investment Strategies

Commodity Exchange-Traded Funds

2018 ◽  
Author(s):  
Christopher Milliken
Keyword(s):  
Portfolio Diversification ◽  
Futures Contracts ◽  
Spot Price ◽  
Exchange Traded Funds ◽  
Investment Strategies ◽  
Regulatory Structure ◽  
Commodity Exchange ◽  
Asset Class ◽  
Exchange Traded Fund

Commodity exchange-traded funds (ETCs), which debuted in 2004, enable investors to access an asset class previously difficult or expensive to access. Although a small segment of the overall exchange-traded fund (ETF) universe, ETCs have grown in popularity with both speculators and investors looking for long-term portfolio diversification. Examples of the types of commodities that are now accessible through ETCs include gold, oil, and agricultural. The literature on ETCs is limited, but academic and industry work has centered on using futures contracts to replicate the performance of the underlying commodities spot price as well as the effect additional capital has had on the integrity of the futures market. This chapter covers this topic by reviewing the growth, investment strategies, and regulatory structure of ETCs as well as the underlying effects these funds have had on the underlying markets with which they engage.

scholarly journals Long‐term trends of Nordic power market: A review

2021 ◽  
Author(s):  
Yi‐kuang Chen ◽  
Anne Hexeberg ◽  
Knut Einar Rosendahl ◽  
Torjus F. Bolkesjø
Keyword(s):  
Power Market ◽  
Long Term Trends

Sovereign Development Funds

2017 ◽  
Author(s):  
Peter Bruce-Clark ◽  
Ashby H.B Monk
Keyword(s):  
Financial Markets ◽  
Global Economy ◽  
Private Investment ◽  
Dual Function ◽  
Investment Strategies ◽  
Objective Functions ◽  
Expected Return ◽  
Investment Returns ◽  
High Investment

In a slowing global economy with diminished confidence in the long-term prospects of public financial markets, many institutional investors are looking for innovative, and often private, investment strategies to meet expected return targets. One source of potential inspiration has, perhaps surprisingly, come from the community of sovereign development funds. SDFs are strategic, government-sponsored investment organizations with dual objective functions: to deliver high financial performance, while fostering development. Despite expectations that this dual function inevitably leads to financial underperformance, certain SDFs have actually delivered consistently high investment returns, especially in private markets. As such, SDF strategies are increasingly being used as models for investment strategies among non-developmental investment organizations. This chapter explores the rise of SDFs, explains the differences between SDFs and SWFs, and substantiates variations in their models of governance and management. In doing so, its goal is to situate SDFs in the changing world of global financial markets and public policy.

scholarly journals The Armenian nuclear power plant: problems of electricity export

2018 ◽  
Vol 212 ◽  
pp. 02010
Author(s):  
Vahe Davtyan
Keyword(s):  
Power Plant ◽  
Nuclear Power Plant ◽  
Nuclear Power ◽  
Nuclear Energy ◽  
Power Market ◽  
Electric Power Market ◽  
South Caucasus ◽  
Definition Of ◽  
Armenian Nuclear Power Plant

The prerequisites for the development of Armenia’s nuclear power industry are indicated. The main geopolitical problems of operation of the Armenian NPP are revealed through studying the electric power market of the South Caucasus with the definition of the export opportunities of Armenia. The main problems of nuclear fuel supplies to the Armenian NPP are studied. Recommendations are given on the long-term development of nuclear energy in Armenia.

GMO: The Value Versus Growth Dilemma

2017 ◽  
pp. 1-16
Author(s):  
George (Yiorgos) Allayannis ◽  
William Burton
Keyword(s):  
New Economy ◽  
Expected Returns ◽  
Investment Strategies ◽  
Growth Orientation ◽  
Value Investing ◽  
Growth Stocks ◽  
Interesting Story ◽  
Old Economy ◽  
Valuation Ratios

Dick Mayo, one of the most celebrated value investors in America was puzzled by the New Economy's continuous bias toward growth investment strategies. He examines the basics of his philosophy versus that of a growth orientation by evaluating the long-term expected returns of several value and growth stocks. This case can be used to pursue several objectives: (1) to define value and growth investing-where the differences lie and whether one approach is superior to the other or whether both have merit; and (2) to discuss issues related to consistency of one's investment philosophy. Should one stay true to one's philosophy even when the market seems to run counter to it for a prolonged period of time? Can value investing deliver value in this New Economy or is it only an Old Economy concept? The students are instructed to perform basic valuations of Cisco Systems (a growth company), CVS, R.R. Donnelley, and Manor Care (value companies) and compute their long-term expected returns. The case comes with an Excel spreadsheet containing the data and relevant valuation ratios for the above firms. The valuations are straightforward, but they tell an interesting story: the expected returns of glamorous stocks in reality may not be so glamorous.

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