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Khan 7 Makara, Phnom Penh, Cambodia 8- 71024 9- 15/03/2019 10
寒រះ殶ជាណាច寒ររម្ុពជា ជាតិ សាស侶 寒រះម្ហារស寒ត KINGDOM OF CAMBODIA NATION RELIGION KING 寒រសួងពាណិῒជរម្ម 侶យរដ្ឋានរម្មសិទ្ធិបញ្ញា MINISTRY OF COMMERCE Department of Intellectual Property ព្រ㿒ឹ បិត ព្㿒ផ្ូវល ζរ OFFICIAL GAZETTE សប្តា ហទ៍ ី១២-១៣ នៃᯒន� ២០១៩ Week 12-13 of 2019 29/March/2019 (PUBLISHED BY AUTHORITY) 埒នែកទី ១ PP AA RR TT II ការច ប⟒ជីថ្មី NNEEWW RREEGGIISSTTRRAATTIIOONN FFRROOMM RREEGG.. NNoo.. 7711002244 ttoo 7711222266 PPaaggee 11 ttoo 6688 ___________________________________ 1- លេខដ្ឋរ់ពារយ (APPLICATION No. ) 2- ζេបរ ិលចេទ្ដ្ឋរ់ពារយ (DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជី( REGISTRATION No) 9- ζេបរលចេ ិ ទ្ចុះបញ្ជី (DATE REGISTERED) 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរ ិលចេទ្ផុតរំណត់ (EXPIRY DATE) 埒នែកទី ២ PP AA RR TT IIII RREENNEEWWAALL PPaaggee 6699 ttoo 9900 ___________________________________ 1- លេខដ្ឋរ់ពារយល ម្ើ (ORIGINAL APPLICATION NO .) 2- ζេបរលិ ចេទ្ដ្ឋរ់ពារយល ម្ើ (ORIGINAL DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជីល ម្ើ (ORIGINAL REGISTRATION No) 9- ζេបរលិ ចេទ្ចុះបញ្ជលី ម្ើ ORIGINAL REGISTRATION DATE 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរលិ ចេទ្ដ្ឋរ់ពារយសុំ ុចុះបញ្ជសាី ជាថ្មី (RENEWAL FILING DATE) 13- ζេបរលិ ចេទ្ចុះបញ្ជសាី ជាថ្មី (RENEWAL REGISTRATION DATE) 14- ζេបរ -
Kingdom of Cambodia ក្រោះរាជាណាច្បក្ររម្ពុជា
ϒរោះ殶ជា㮶ច្បϒររម្ុជាព Kingdom of Cambodia ជា㾷 សាស侶 ϒរោះម្ហារសϒត Nation Religion King ϒរសងួ ពាណិῒរជ ម្ម Ministry of Commece 侶យរដ្ឋា ៃរម្សម 䟒ិ ិបធ ញ្ញា Department of Intellectual Property បញ្ជ ីឈ្ម ោះភ្នា រ់Ꮆរតំ㮶ងϒសបច្បាបន់ ៃម្ចា សម្ច់ ➶ រ ឆ្ា ំ២០១៤ LEGAL TRADEMARK AGENT 2014 ឈ្ម Ꮗ诒ាកតំ㮶ងᾶ ឈ្ម Ꮗ诒ាកតំ㮶ងᾶ ល.រ ឈ្ម Ꮗភ្នា ក់Ꮆរ ភ្នា ក់Ꮆរ 讶សយដ្ឋា នទំ侶ក់ទំនង 诒 ⮸ម ល⟂ នងិ ឈលខទូរស័寒ទ ភ្នា ក់Ꮆរ PRESENTATIVE No. AGENT NAME PRESENTATIVE NAME ADDRESS E-Mail and Phnone NAME (诒កសរ螶តងំ ) 62G, Street 598, Sangkat Boeung Kak 2, Khan [email protected], 023 1 LPN IP AGENCY ល ី 垶រ៉ា វ ី LY PHARAVY Tuol Kork, Phnom Penh, Cambodia 884319 Borey Piphup Thmey, Somrong Andeth No. 22, St. No. 3, Phum Raungchack, Sangkat Phnom [email protected], 2 KIMLY IP SERVICE 㾶 បន ⮻ ធូ TA BUNTHO Penh Thmey, Khan Sen Sok, Phnom Penh, 012303597 Cambodia #237E0, Preah Monivong Blvd, Sangkat PINTHANA IP & [email protected], 3 羶ប ៊ីពន្ថិ ា SABI PINTHANA Orussey 4, Khan 7 Makara, Phnom Penh, CONSULTING SERVICES 017660653 Cambodia DOM PENN AND #18, Street 310, Sangkat Boeung Keng Kang 1, [email protected] 4 បបន៉ែ វរី ៈឧត្តម PENN VIRAK OUKDOM ASSOCIATES Khan Chamcamorn, Phnom Penh, Cambodia , 012597597 No. 45, Street 355, Sangkat Boeung Kak 1, [email protected], 5 SARIN & ASSOCIATES 羶រនិ ដេណូ រ៉ា SARIN DENORA Khan Tuol Kork, Phnom Penh 098777007 SOK SIPHANNA & #45E1, Street 355Z, Sangkat Boung Kok2, Khan 6 ដ ៀវ មាលី KIEV MALEY 23999878 ASSOCIATES Toul Kork, Phnom Penh, Cambodia Page 1 No. 24, Street 462, Sangkat Tonle Bassac, Khan 7 SCIARONI & ASSOCIATES Billie Jean Slott BILLIE JEAN SLOTT [email protected] Chamcamorn, Phnom Penh, Cambodia No. -
País Região Cidade Nome De Hotel Morada Código Postal Algeria
País Região Cidade Nome de Hotel Morada Código Postal Algeria Adrar Timimoun Gourara Hotel Timimoun, Algeria Algeria Algiers Aïn Benian Hotel Hammamet Ain Benian RN Nº 11 Grand Rocher Cap Caxine , 16061, Aïn Benian, Algeria Algeria Algiers Aïn Benian Hôtel Hammamet Alger Route nationale n°11, Grand Rocher, Ain Benian 16061, Algeria 16061 Algeria Algiers Alger Centre Safir Alger 2 Rue Assellah Hocine, Alger Centre 16000 16000 Algeria Algiers Alger Centre Samir Hotel 74 Rue Didouche Mourad, Alger Ctre, Algeria Algeria Algiers Alger Centre Albert Premier 5 Pasteur Ave, Alger Centre 16000 16000 Algeria Algiers Alger Centre Hotel Suisse 06 rue Lieutenant Salah Boulhart, Rue Mohamed TOUILEB, Alger 16000, Algeria 16000 Algeria Algiers Alger Centre Hotel Aurassi Hotel El-Aurassi, 1 Ave du Docteur Frantz Fanon, Alger Centre, Algeria Algeria Algiers Alger Centre ABC Hotel 18, Rue Abdelkader Remini Ex Dujonchay, Alger Centre 16000, Algeria 16000 Algeria Algiers Alger Centre Space Telemly Hotel 01 Alger, Avenue YAHIA FERRADI, Alger Ctre, Algeria Algeria Algiers Alger Centre Hôtel ST 04, Rue MIKIDECHE MOULOUD ( Ex semar pierre ), 4, Alger Ctre 16000, Algeria 16000 Algeria Algiers Alger Centre Dar El Ikram 24 Rue Nezzar Kbaili Aissa, Alger Centre 16000, Algeria 16000 Algeria Algiers Alger Centre Hotel Oran Center 44 Rue Larbi Ben M'hidi, Alger Ctre, Algeria Algeria Algiers Alger Centre Es-Safir Hotel Rue Asselah Hocine, Alger Ctre, Algeria Algeria Algiers Alger Centre Dar El Ikram 22 Rue Hocine BELADJEL, Algiers, Algeria Algeria Algiers Alger Centre -
Financial Institutions, Financial Intermediaries, and Asset Management Firms
M02_FABO5319_04_SE_C02.qxd 1/31/09 1:45 PM Page 20 2 Financial Institutions, Financial Intermediaries, and Asset Management Firms LEARNING OBJECTIVES After reading this chapter, you will understand • the business of financial institutions • the role of financial intermediaries • the difference between direct and indirect investments • how financial intermediaries transform the maturity of liabilities and give both short-term depositors and longer-term, final borrowers what they want • how financial intermediaries offer investors diversification and so reduce the risks of their investments • the way financial intermediaries reduce the costs of acquiring information and entering into contracts with final borrowers of funds • how financial intermediaries enjoy economies of scale in processing payments from final users of funds • the nature of the management of assets and liabilities by financial intermediaries • how different financial institutions have differing degrees of knowledge and certainty about the amount and timing of the cash outlay of their liabilities • why financial institutions have liquidity concerns • concerns regulators have with financial institutions • the general characteristics of asset management firms • the types of funds that asset management firms manage • what a hedge fund is and the different types of hedge funds 20 M02_FABO5319_04_SE_C02.qxd 1/31/09 1:45 PM Page 21 Chapter 2 Financial Institutions, Financial Intermediaries, and Asset Management Firms 21 n this chapter, we discuss financial institutions and a special and important type of I financial institution, a financial intermediary. Financial intermediaries include com- mercial banks, savings and loan associations, investment companies, insurance companies, and pension funds. The most important contribution of financial intermediaries is a steady and relatively inexpensive flow of funds from savers to final users or investors. -
CPB-Annualreport-2014-ENG.Pdf
CORPORATE MISSION [[ 1 [ . [ . CONTENTS 1 CORPORATE MISSION 4 CORPORATE INFORMATION 6 BRANCH NETWORK 14 CORPORATE PROFILE 15 FINANCIAL HIGHLIGHTS 16 SIMPLIFIED BALANCE SHEET 17 SUMMARY OF THREE-YEAR GROWTH 18 BOARD OF DIRECTORS 2 20 BOARD OF DIRECTORS’ PROFILE 26 CHAIRMAN’S STATEMENT 31 POLICY AND PRACTICE GUIDELINES FOR CORPORATE GOVERNANCE 37 BUSINESS OPERATION TARGET 40 ANALYSIS OF THE FINANCIAL STATEMENTS 42 REPORT OF THE BOARD OF DIRECTORS 48 REPORT OF THE INDEPENDENT AUDITORS TO THE SHAREHOLDERS 50 CONSOLIDATED BALANCE SHEET 51 CONSOLIDATED INCOME STATEMENT 52 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 53 CONSOLIDATED STATEMENT OF CASH FLOWS 54 SEPARATE BALANCE SHEET 55 SEPARATE INCOME STATEMENT 56 SEPARATE STATEMENT OF CHANGES IN EQUITY 57 SEPARATE STATEMENT OF CASH FLOWS 58 NOTES TO THE FINANCIAL STATEMENTS 131 CALENDAR OF SIGNIFICANT EVENTS 2014 3 CORPORATE INFORMATION Tan Sri Dato’ Sri Dr. Teh Hong Piow Tan Sri Datuk Seri Utama Thong Yaw Hong Mr. Phan Ying Tong Dato’ Sri Lee Kong Lam 4 Dr. Ghanty Sam Abdoullah Mr. Quah Poh Keat Dato’ Chang Kat Kiam !" Dato’ Chia Lee Kee Mr. Ong Ming Teck # KPMG Cambodia Ltd. 4th Floor, Delano Centre No. 144, Street No. 169 Sangkat Veal Vong Khan 7 Makara Phnom Penh Kingdom of Cambodia $% Campu Bank Building No. 23, Kramuon Sar Avenue (Street No. 114) Sangkat Phsar Thmey 2 Khan Daun Penh Phnom Penh Kingdom of Cambodia Telephone : (855) 23 222 880 / 222 881 / 222 882 Fax : (855) 23 222 887 SWIFT : CPBLKHPP E-mail : [email protected] Website : www.campubank.com.kh 5 BRANCH NETWORK BRANCHES IN PHNOM PENH & Ground & 1st Floor, Campu Bank Building No. -
Abc Directory Booklet 2020
ABC DIRECTORY BOOKLET 2020 Cambodia is a young economy that has been developing on the basis of a free and open market scheme since the early 1990s. The banking sector has steadily developed. It has been resilient, Dr. In Channy stable, and integrated within regional and global markets. Its sound Chairman of ABC development is crucial to the growth of economic activities and in 2019 diversification, especially financial integration in the region. Credit has steadily increased and has benefited various sectors of the economy. Along with robust economic growth, Cambodia’s banking sector continues to gradually develop. With this healthy financial intermediation, the National Bank of Cambodia (NBC) in collaboration with the Association of Banks in Cambodia (ABC) has been promoting financial inclusion while also ensuring financial stability. Higher and better regulation, increased coordination between regulators of partner coun- tries, and a large common commitment in safeguarding financial stability are all necessary to allow harmonious and sustainable growth. These are all objectives that are core elements of the ASEAN Economic Community, particularly the financial integration frame- work. It is my hope and expectation that this book will provide an effective experience and refer- ence resource for all of you. Thank you! ABC Staff structure Heng Koy General Manager CHAN Sochinda Thomas Schings Head of Regional Relationships Head of Research CHENG Kimchheang HENG Sopheavy YEM Malin MER Oudom LONG Sokanan CHANN Sophat Events Manager Development Fund Finance Officer Admin Officer Research Analyst Research Analyst Manager Chorn Raksmey Office Assistant TABLE OF CONTENTS Contents Pages Foreword by the Chairman 1 1. The Association of Banks in Cambodia (ABC) 1.1 About ABC 6 1.2 Key Partners 9 National Bank of Cambodia (NBC) International Finance Corporation (IFC) ASEAN Bankers Association (ABA) Credit Bureau (Cambodia) Co., Ltd. -
Williams Rowland Acquisition Corp. Form S-1/A
SECURITIES AND EXCHANGE COMMISSION FORM S-1/A General form of registration statement for all companies including face-amount certificate companies [amend] Filing Date: 2021-07-16 SEC Accession No. 0001213900-21-037226 (HTML Version on secdatabase.com) FILER Williams Rowland Acquisition Corp. Mailing Address Business Address 450 POST RD EAST 450 POST RD EAST CIK:1855168| IRS No.: 000000000 | State of Incorp.:DE WESTPORT CT 06880 WESTPORT CT 06880 Type: S-1/A | Act: 33 | File No.: 333-257396 | Film No.: 211095425 2033537610 SIC: 6770 Blank checks Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document As filed with the Securities and Exchange Commission on July 16, 2021 Registration No. 333-257396 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ WILLIAMS ROWLAND ACQUISITION CORP. (Exact name of registrant as specified in its charter) ____________________ Delaware 6770 86-2603800 (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) 450 Post Road East Westport, CT 06880 Telephone: (203) 353-7610 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices) ____________________ David B. Williams, Co-Chief Executive Officer Jonathan D. Rowland, Co-Chief Executive Officer Williams Rowland Acquisition Corp. 450 Post Road East Westport, CT 06880 Telephone: (203) 353-7610 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service) ____________________ Copies to: Mitchell Nussbaum R. -
Hedge Fund Oversight and Title Iv: Less Than Meets the Eye
HEDGE FUND OVERSIGHT AND TITLE IV: LESS THAN MEETS THE EYE Kaitlin Curry Albiez† INTRODUCTION ..................................................................................... 146 I. THE COMMISSION’S PREVIOUS ATTEMPTS TO REGULATE PRIVATE FUND INVESTMEN ADVISERS .... 113 A. The 1940 Acts: The Investment Adviser and Investment Company Acts .................................................................... 150 B. The Rise of Hedge Funds ................................................... 152 C. The Look-Through Rule ..................................................... 153 D. Title IV ............................................................................... 154 II. THE PRIVATE FUND INVESTMENT ADVISERS REGISTRATION ACT OF 2010 .............................................. 156 A. Registration Requirements ................................................. 156 B. Key Exemptions ................................................................. 157 III. TWO TROUBLING LOOPHOLES – THE VENTURE CAPITAL FUND ADVISERS AND FAMILY OFFICE EXEMPTIONS .......................................................................... 158 A. Venture Capital Fund Advisers .......................................... 158 B. Family Offices .................................................................... 160 IV. HOW WILL TITLE IV AFFECT THE HEDGE FUND INDUSTRY? ............................................................................. 164 A. Potential Implications of the Family Office Exemption on Private Fund Investment Advisers. .............................. -
Ministry of Commerce ព្រឹត្តិបព្ត្ផ្លូវការ
寒រះ殶ជាណាច寒ររម្ុពជា ជាតិ សាស侶 寒រះម្ហារស寒ត KINGDOM OF CAMBODIA NATION RELIGION KING 寒រសួងពាណិῒជរម្ម 侶យរដ្ឋានរម្មសិទ្ធិបញ្ញា MINISTRY OF COMMERCE Department of Intellectual Property ព្រ㿒ឹ បិត ព្㿒ផ្ូវល ζរ OFFICIAL GAZETTE សប្តា ហទ៍ ី៣១ នៃᯒន� ២០១៩ Week 31 of 2019 2/August/2019 (PUBLISHED BY AUTHORITY) 埒នែកទី ១ PP AA RR TT II ការច ប⟒ជីថ្មី NNEEWW RREEGGIISSTTRRAATTIIOONN FFRROOMM RREEGG.. NNoo.. 7722663355 ttoo 7722771144 PPaaggee 11 ttoo 2277 ___________________________________ 1- លេខដ្ឋរ់ពារយ (APPLICATION No. ) 2- ζេបរ ិលចេទ្ដ្ឋរ់ពារយ (DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជី( REGISTRATION No) 9- ζេបរិលចេទ្ចុះបញ្ជី (DATE REGISTERED) 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរ ិលចេទ្ផុតរំណត់ (EXPIRY DATE) 埒នែកទី ២ PP AA RR TT IIII RREENNEEWWAALL PPaaggee 2288 ttoo 4477 ___________________________________ 1- លេខដ្ឋរ់ពារយល ម្ើ (ORIGINAL APPLICATION NO .) 2- ζេបរលិ ចេទ្ដ្ឋរ់ពារយល ម្ើ (ORIGINAL DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជីល ម្ើ (ORIGINAL REGISTRATION No) 9- ζេបរលិ ចេទ្ចុះបញ្ជលី ម្ើ ORIGINAL REGISTRATION DATE 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរលិ ចេទ្ដ្ឋរ់ពារយសុំ ុចុះបញ្ជសាី ជាថ្មី (RENEWAL FILING DATE) 13- ζេបរលិ ចេទ្ចុះបញ្ជសាី ជាថ្មី (RENEWAL REGISTRATION DATE) 14- ζេបរ ិលចេទ្ផុតរំណត់ -
Ministry of Commerce ព្រឹត្តិបព្ត្ផ្លូវការ សប្តាហ៍
寒រះ殶ជាណាច寒ររម្ុពជា ជាតិ សាស侶 寒រះម្ហារស寒ត KINGDOM OF CAMBODIA NATION RELIGION KING 寒រសួងពាណិῒជរម្ម 侶យរដ្ឋានរម្មសិទ្ធិបញ្ញា MINISTRY OF COMMERCE Department of Intellectual Property ព្រឹ㿒ិតបព្㿒ផ្ូលវζរ OFFICIAL GAZETTE សប្តា ហ៍ទី៤៤-៤៦ នៃᯒន� ២០១៩ Week 44-46 of 2019 15/Nov/2019 (PUBLISHED BY AUTHORITY) 埒នែកទី ១ PP AA RR TT II ការច ប⟒ជីថ្មី NNEEWW RREEGGIISSTTRRAATTIIOONN FFRROOMM RREEGG.. NNoo.. 7733881100 ttoo 7744002222 PPaaggee 11 ttoo 7722 ___________________________________ 1- លេខដ្ឋរ់ពារយ (APPLICATION No. ) 2- ζេបរ ិលចេទ្ដ្ឋរ់ពារយ (DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជី( REGISTRATION No) 9- ζេបរិលចេទ្ចុះបញ្ជី (DATE REGISTERED) 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរ ិលចេទ្ផុតរំណត់ (EXPIRY DATE) 埒នែកទី ២ PP AA RR TT IIII RREENNEEWWAALL PPaaggee 7733 ttoo 110033 ___________________________________ 1- លេខដ្ឋរ់ពារយល ម្ើ (ORIGINAL APPLICATION NO .) 2- ζេបរលិ ចេទ្ដ្ឋរ់ពារយល ម្ើ (ORIGINAL DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជីល ម្ើ (ORIGINAL REGISTRATION No) 9- ζេបរលិ ចេទ្ចុះបញ្ជលី ម្ើ ORIGINAL REGISTRATION DATE 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរលិ ចេទ្ដ្ឋរ់ពារយសុំ ុចុះបញ្ជសាី ជាថ្មី (RENEWAL FILING DATE) 13- ζេបរលិ ចេទ្ចុះបញ្ជសាី ជាថ្មី (RENEWAL REGISTRATION DATE) 14- ζេបរ ិលចេទ្ផុតរំណត់ -
Forthcoming, Journal of Empirical Finance
Forthcoming, Journal of Empirical Finance Measuring The Market Impact of Hedge Funds* by William Fung** David A. Hsieh*** First Draft: July 1998 Current Draft: January 2000 Abstract Hedge funds often employ opportunistic trading strategies on a leveraged basis. It is natural to find their footprints in most major market events. A "small bet" by large hedge funds can be a sizeable transaction that can impact a market. This study estimates hedge fund exposures during a number of major market events. In some episodes, hedge funds had significant exposures and were in a position to exert substantial market impact. In other episodes, hedge fund exposures were insignificant, either in absolute terms or relative to other market participants. In all cases, we found no evidence of hedge funds using positive feedback trading strategies. There was also little evidence that hedge funds systematically caused market prices to deviate from economic fundamentals. JEL Classification: G10, G15, G18. Keywords: hedge funds; market impact; leverage; feedback trading strategies. * This work was started while David Hsieh was a Visiting Scholar at the International Monetary Fund. ** Principal, Paradigm Financial Products International, LLC, Delaware. *** Professor of Finance, Fuqua School of Business, Duke University. Please send correspondence to: David A. Hsieh, Fuqua School of Business, Duke University, Box 90120, Durham, NC 27708-0120. Email: [email protected]. Home page: http://faculty.fuqua.duke.edu/~dah7/index.htm. 1. Introduction The last decade witnessed a growing interest in hedge funds from investors, academics and regulators. Catering to the needs of wealthy individuals and institutional investors, hedge funds are typically organized as private vehicles outside the purview of financial markets regulators; see Fung and Hsieh (1999a) for a review of hedge fund organizations. -
Khan Daun Penh,, Phnom Penh Cambodia 8- 74216 9- 09/12/2019 10
寒រះ殶ជាណាច寒ររម្ុពជា ជាតិ សាស侶 寒រះម្ហារស寒ត KINGDOM OF CAMBODIA NATION RELIGION KING 寒រសួងពាណិῒជរម្ម 侶យរដ្ឋានរម្មសិទ្ធិបញ្ញា MINISTRY OF COMMERCE Department of Intellectual Property ព្រឹ㿒ិតបព្㿒ផ្ូលវζរ OFFICIAL GAZETTE សប្តា ហ៍ទី៥០-៥២ នៃᯒន� ២០១៩ Week 50-52 of 2019 27/Dec/2019 (PUBLISHED BY AUTHORITY) 埒នែកទី ១ PP AA RR TT II ការច ប⟒ជីថ្មី NNEEWW RREEGGIISSTTRRAATTIIOONN FFRROOMM RREEGG.. NNoo.. 7744221166 ttoo 7744660099 PPaaggee 11 ttoo 113322 ___________________________________ 1- លេខដ្ឋរ់ពារយ (APPLICATION No. ) 2- ζេបរ ិលចេទ្ដ្ឋរ់ពារយ (DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជី( REGISTRATION No) 9- ζេបរិលចេទ្ចុះបញ្ជី (DATE REGISTERED) 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរ ិលចេទ្ផុតរំណត់ (EXPIRY DATE) 埒នែកទី ២ PP AA RR TT IIII RREENNEEWWAALL PPaaggee 113333 ttoo 116688 ___________________________________ 1- លេខដ្ឋរ់ពារយល ម្ើ (ORIGINAL APPLICATION NO .) 2- ζេបរលិ ចេទ្ដ្ឋរ់ពារយល ម្ើ (ORIGINAL DATE FILED) 3- ម្ចាស់ម្ច➶រ (NAME OF APPLICANT) 4- 讶សយដ្ឋានម្ចាស់ម្ច➶រ (ADDRESS OF APPLICANT) 5- 寒បលទ្ស (COUNTRY) 6- ល្មះភ្នារ់Ꮆរ (NAME OF AGENT) 7- 讶សយដ្ឋានភ្នារ់Ꮆរ (ADDRESS OF AGENT) 8- លេខចុះបញ្ជីល ម្ើ (ORIGINAL REGISTRATION No) 9- ζេបរលិ ចេទ្ចុះបញ្ជលី ម្ើ ORIGINAL REGISTRATION DATE 10- គំរ ូម្ច➶រ (SPECIMEN OF MARK) 11- ῒរំ ូរ (CLASS) 12- ζេបរលិ ចេទ្ដ្ឋរ់ពារយសុំ ុចុះបញ្ជសាី ជាថ្មី (RENEWAL FILING DATE) 13- ζេបរលិ ចេទ្ចុះបញ្ជសាី ជាថ្មី (RENEWAL REGISTRATION DATE) 14- ζេបរ