• Embed Doc
  • Readcast
  • Collections
  • CommentGo Back
Download
 
KWWSZZZEYRQPRQH\FRPEODFNVZLWKFROOHJHGHJUHHVXQHPSOR\PHQW
%ODFNV:LWK&ROOHJH'HJUHHV6WLOO)DFLQJ*UHDW+LULQJ&KDOOHQJHV
3RVWHGE\$OH[LV6WRGJKLOORQ'HFUG30
,WKDVEHHQZLGHO\UHSRUWHG
WKDWWKHUHFHVVLRQLVKXUWLQJWKHEODFNFRPPXQLW\PRUHWKDQWKHJHQHUDOSRSXODWLRQ0DQ\SRLQWWRWKHIDFWWKDWEOXHFROODUMREVKDYHEHHQKLJKO\LPSDFWHGE\WKHVKULQNLQJHFRQRP\FLWLQJWKLVDVWKHUHDVRQIRUWKH
KLJKHUXQHPSOR\PHQWUDWHIRUEODFNV
SHUFHQWYHUVXVSHUFHQWIRU ZKLWHV%XWZKDWLVEHLQJXQGHUUHSRUWHGLVWKHLPSDFWWKHSRRUHFRQRP\LVKDYLQJRQWDOHQWHGHGXFDWHGEODFNZRUNHUVORRNLQJIRUMREV²DQGWKHUHYHODWLRQWKDWUDFHLVVWLOOSOD\LQJDSDUWLQWKHYDVWGLIIHUHQFHLQZKLWHFROODUMREOHVVUDWHV
7KH1HZ<RUN7LPHV
UHSRUWV
7KDWUDFHUHPDLQVDVHULRXVREVWDFOHLQWKHMREPDUNHWIRU$IULFDQ$PHULFDQVHYHQWKRVHZLWKGHJUHHVIURPUHVSHFWHG FROOHJHVPD\VHHPWRVRPHSHRSOHD MDUULQJFRQWUDVWWRGHFDGHVRISURJUHVVE\ 
 
KWWSZZZEYRQPRQH\FRPEODFNVZLWKFROOHJHGHJUHHVXQHPSOR\PHQW
EODFNVFXOPLQDWLQJLQ3UHVLGHQW2EDPD¶VHOHFWLRQ%XWWKHUHLVDPSOHHYLGHQFHWKDWUDFLDO LQHTXLWLHVUHPDLQZKHQLWFRPHVWRHPSOR\PHQW%ODFNMREOHVVQHVVKDVORQJ IDURXWVWULSSHGWKDWRIZKLWHV$QG VWULNLQJO\WKHGLVSDULW\IRUWKHILUVW PRQWKVRIWKLV\HDUDVWKHUHFHVVLRQKDVGUDJJHGRQKDVEHHQHYHQPRUH SURQRXQFHGIRUWKRVHZLWKFROOHJHGHJUHHVFRPSDUHGZLWKWKRVHZLWKRXW(GXFDWLRQLWVHHPVGRHVQRWOHYHOWKH SOD\LQJILHOGLQIDFWLWDSSHDUVWRKDYHPDGHLWPRUHXQHYHQ&ROOHJHHGXFDWHGEODFNPHQHVSHFLDOO\KDYHVWUXJJOHGUHODWLYHWRWKHLUZKLWHFRXQWHUSDUWVLQWKLVGRZQWXUQDFFRUGLQJ WRILJXUHVIURPWKH%XUHDXRI/DERU 6WDWLVWLFV7KHXQHPSOR\PHQWUDWHIRU EODFNPDOHFROOHJHJUDGXDWHVDQG ROGHULQKDVEHHQQHDUO\WZLFHWKDW RIZKLWHPDOHFROOHJHJUDGXDWHV SHUFHQWFRPSDUHGZLWKSHUFHQW9DULRXVDFDGHPLFVWXGLHVKDYHFRQILUPHG WKDWEODFNMREVHHNHUVKDYHDKDUGHUWLPHWKDQZKLWHV$VWXG\SXEOLVKHGVHYHUDO \HDUVDJRLQ7KH$PHULFDQ(FRQRPLF 5HYLHZWLWOHG³$UH(PLO\DQG*UHJ0RUH(PSOR\DEOHWKDQ/DNLVKDDQG-DPDO"´ IRXQGWKDWDSSOLFDQWVZLWKEODFNVRXQGLQJ QDPHVUHFHLYHGSHUFHQWIHZHU FDOOEDFNVWKDQWKRVHZLWKZKLWHVRXQGLQJ QDPHV $PRUHUHFHQWVWXG\SXEOLVKHGWKLV\HDU LQ7KH-RXUQDORI/DERU(FRQRPLFVIRXQG ZKLWH$VLDQDQG+LVSDQLFPDQDJHUVWHQGHGWRKLUHPRUHZKLWHVDQGIHZHU EODFNVWKDQEODFNPDQDJHUVGLG
7KLVDUWLFOHIURPWKH1HZ<RUN7LPHV
ZKLOHZRUWKWKHIXOOUHDG
LVVLPLODULQWRQHWR&11¶Vµ%ODFNLQ$PHULFD¶,WFRQWDLQVDORWRIREYLRXVLQIRUPDWLRQWKDWEODFNVKDYHNQRZQIRUDORQJWLPHDERXWZKDWLWPHDQVWREHEODFNLQ$PHULFDLQWKLVFDVHUHJDUGLQJHPSOR\PHQW,W¶VWRXFKLQJLQDZD\WKDWWKHUHVWRIWKHFRXQWU\VHHPVWREHWDNLQJQRWLFHRIXV²ODUJHO\LQUHVSRQVHWRWKHHOHFWLRQRI 3UHVLGHQW2EDPD<HWWKHUHDOLWLHVDQGQXDQFHVRIHFRQRPLFLQHTXDOLW\DQGPRUHLPSRUWDQWO\
RSSRUWXQLW\
LQHTXDOLW\KDYHDOZD\VEHHQDSSDUHQWWR$IULFDQ $PHULFDQV,WLVVWUDQJHWRVHHWKHMDJJHGIODZVLQRXU VRFLDOIDEULFWKDWEODFNVKDYHFRPSODLQHGDERXWIRUGHFDGHVEHLQJFRQVWDQWO\UHSRUWHGRQDVEUHDNLQJQHZVLQUHFHQWPRQWKV:KLOH,DPJODGWKDWWKLVHDUQHVWH[DPLQDWLRQLVILQDOO\RFFXUULQJ,KRSHWKDWSHRSOHGRQ¶WWDNHLQWKLVLQIRUPDWLRQDVPDQ\GLGµ%ODFNLQ$PHULFD¶²RUIRU WKDWPDWWHU
µ3UHFLRXV¶
RU
µ*RRG+DLU¶
$OOWKHVHQHZUHSRUWVDUWLFOHVDQGILOPVDERXWEODFNOLIHGHSLFWRXUFRPPXQLW\ZKLFKKDVH[LVWHGVLQFHWKHELUWKRIWKH8QLWHG6WDWHVDVWKRXJKLWLVIXOORIH[RWLFWURXEOHGFUHDWXUHV,IHHOWKLVPHGLDFUHDWHGE\DQGRUIRUDPDLQVWUHDPSHUVSHFWLYHLVRIWHQEHLQJFRQVXPHGZLWKDFRPELQDWLRQRIDFDGHPLFGHWDFKPHQWDQGDPXVHPHQWE\WKHYHU\SHRSOHFROOHFWLYHO\FUHDWLQJWKHGLVFULPLQDWRU\SUDFWLFHVEHLQJGHSLFWHGDVDUHYHODWLRQ:KHQZLOOWKLVFROOHFWLYHUHSRUWRQWKHIDFWWKDWLWKDVDODUJHSDUWWRSOD\LQFUHDWLQJWKHVHWHUULEOHFRQGLWLRQV"1RZWKDWZRXOG
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...