If you do have
illiquid assets, that is why it is more important that you plan for that particular asset.
As such, those who are aware of their self-control problems, referred to as "sophisticates," are more likely to utilize
illiquid asset accounts.
This is because the latter option requires holding large balances of cash and foregoing the high return on the
illiquid asset (and, therefore, the associated higher level of long-run consumption).
Rebalancing is rarely an option for
illiquid asset classes such as private equity, but using "vintage accounts" to hold
illiquid assets yields tax compliance savings that are similar to those for side pockets.
NET LIQUID ASSETS TO SHARE PRICE: The market price per share should be greater than the net liquid assets per share calculated as (Total Assets -
Illiquid Assets - Total Liabilities) divided by number of shares.
An
illiquid asset with high illiquidity costs is characterized by a
On 15 September, the European Commission extended by six months its investigation into the
illiquid asset back-up facility provided by the Dutch state to the financial group ING.
This research shows why it is not supportable to apply instruments and perspectives underlying IFV to
illiquid asset valuation, and why this may lead to distorted analysis of the rational behavior of buyers and sellers of
illiquid assets.
At the beginning of the year, the insurance company is invested in a mix of three different assets: cash, a relatively liquid asset, and an
illiquid asset.
An
illiquid asset is one in which the proceeds available from physical liquidation or a sale on some date are less than the present value of its payoff on some future date.
If a plan holds an
illiquid asset that the plan fiduciary determines is an imprudent investment for the plan (i.
They converted an
illiquid asset to cash and significantly reduced the cost associated with using the space.
