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But figuring out the equities of private fund-raising in public schools would require the invention of an ethical supercomputer.
For example, the iShares MSCI Singapore Index invests in the equities of Singapore's largest blue-chip companies and has risen nearly 24percentthis yearar in dollar terms.
"In making that decision," he said, "and every decision, you try to think about the equities of the case, what would the charge be, can you make that charge, and how is that consistent with what the office does".
"The equities of an individual case may turn on many factors, including whether the alien has children born in the United States, long ties to the community, or a record of distinguished military service".
Perhaps the boldest recommendations, which could make the most difference to total sums invested, are proposals to tempt pension and insurance funds back into investing in the equities of smaller firms, directly giving these emerging firms access to funds for innovation, in return for a share of their long-term capital growth.
In 1900 Pictet started an investment company that invested in the equities of emerging nations like the U.S. and Mexico.
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National owns 11percentt of the equity of each media company.
Breed creditors would get about 45percentt of the equity of the combined company.
It is a sure-fire way of diluting the equity of current shareholders.
The state owns most of the equity of China's large banks.
"That new clarity should lead to a repricing of the equity of these banks," Mr. Kojucharov said.
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