EFTA01459029.pdf

Glossary Here we explain the main terms from the CIO View. Atheism is a sub-strategy of event-drivers strategies which Cloud zomputing is a model for enabling ubiquitous network attempts to obtain representation of the company's board access to a shared pool of configurable computing resources by of directors inert effort to impact the firm's policies and may providing users and enterprises with various capabilities to store include activities such as division or asset sales and changes in and process their data in third-party data centers. management. The CNX Nifty index, also simply the Nifty, is India's benchmark The term advanced economics is used by the International stock-market index, covering 50 corporations in 22 sectors of the Monetary Fund to describe developed countries. Indian economy. Alpha is a measure of the active return on an investment. An A commodity trading advisor (CTA) is an individual or investment's alpha is the excess return relative to the beta- organization providing advice and services related to trading in adjusted market return. futures contracts, commodity options and/or swaps. In relation to currencies, appreciation refers to a gain of value Consumer discretionary is a sector of the economy that consists against another currency over time. of businesses selling nonessential goods and services. A balance sheet summarizesa company's assets, liabilities and Corporate hybrids are securities that combine the elements of shareholder equity. the two broader groups of securities, debt and equity. The Bank of Japan (BOJI is the central bank of Japan. In economics, crowding in is a situation in which private investment increases as debt-financed government spending In finance, a barbell strategy means avoiding assets with increases This is caused by government spending boosting the an average risk-reward profile. A common example of this demand for goods, which In turn increases private demand for would be to invest in long- and short•duration bonds but not in new output sources, such as tactories. intermediate-duration bonds. Default is the failure to meet the legal obligations of a loan, for The 6%)Ft:Utyti Euro High Yield Index captures the performance of example when a corporation or government tails to pay a bond Euro high-yield debt securities. which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt. The Eaneays U S. High Yield Index captures the performance of U.S. high-yield debt securities. The default rate refers to the proportion of borrowers who cannot service their loans. One basis point (bp) equals 1/100 of a percentage point. A developed market it'afst. is a country fully developed in terms of The Bloomberg Dollar Spot Index measures the value of the its economy and capital markets. U.S. dollar against ten global currencies, from both developed markets and emerging markets. A dividend is a distribution of a portion of a company's earnings to its shareholders. A bubble is characterized by prices surging higher than warranted by fundamentals. followed by a drastic drop in prices Dry powder, in a private-equity context, refers to cash or other as a massive selloff occurs. very liquid reserves that can easily be deployed for investment. Buy and hold is an investment strategy where an investor buys An emerging market (EM is a country that has some stocks and holds them for a long time. characteristics of a developed market in terms of market efficiency, liquidity and other factors, but does not meet A buyout is the purchase of a company's shares in which the standards to be a developed market. acquiring party gains controlling interest of the targeted firm. Equity Inrigishoit investing strategies take long positions in The carry (of an asset) is the cost or benefit from holding the stocks that are expected to appreciate and short positions in asset. stocks that are expected to decline, while trying to minimize market exposure. :o 0 ittlefle C.) V4* l Ame,C14. &IN& I On.",:ato 2015 CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0119229 CONFIDENTIAL SDNY_GM_00265413 EFTA01459029