STANDARD & POOR'S FEBRUARY 2006 REPORT. 1. Return Distribution of last months' holdings. 2. Performance running quarter

Size: px
Start display at page:

Download "STANDARD & POOR'S FEBRUARY 2006 REPORT. 1. Return Distribution of last months' holdings. 2. Performance running quarter"

Transcription

1 +30% AVERAGE Funds -20% -30% -40% -50% -60% Report 2005/03 1. Last month 2. Track Record 3. Trade List & Holdings 4. Sector- & Regional Allocation FEBRUARY 2006 REPORT 1. Return Distribution of last months' holdings 2. Performance running quarter 3. Track-record in absolute terms 4. Track-record in relative terms 5. Statistics & Changes in Allocation +40% +35% versus 38% 6. Sector Allocation 7. Regional Allocation +30% +25% +15% Investment Advisor : Vector Conseil Custodian & Administrator : Banque Privée Edmond de Rothschild Europe Transfer & Paying Agent : Banque Privée Edmond de Rothschild Europe Auditor: Price Waterhouse Coopers +5% Information : call us at / mail us at visit or -5% STANDARD & POOR'S

2 1. RETURN DISTRIBUTION OF LAST MONTH's 100 HOLDINGS (in euro) Performance individuelle des 100 actions dans portefeuille, dernier mois (en euro) Individuele prestatie van de 100 aandelen in portefeuille, afgelopen maand (in euro) < Best Performer Last month : return relative + 5,0 return compared to : Index + 1,4 + 3,6 Average Funds + 2,0 + 3,0 + 2,3 + 2,7 Fortis + 2,8 + 2,2 ING Invest + 1,9 + 3,1 + 1,4 + 3,6 + 1,4 + 3,6 5,01 < Navigator 1,42 < Performance last month's 100 holdings Performance Performance Navigator Last 12 months : return relative + 32,4 return compared to : Index + 23,4 + 9,0 Average Funds + 25,4 + 7,1 + 26,0 + 6,4 Fortis + 29,5 + 2,9 ING Invest + 23,5 + 8,9 + 23,1 + 9,3 + 24,7 + 7,7 < Worst

3 2. PERFORMANCE RUNNING QUARTER Evolution du cours de Navigator, dernier trimestre 16% versus Koersontwikkeling Navigator, afgelopen 3 maanden Navigator a croisé deux seuils en janvier: le fond a atteint une taille de 75 mln. d euro pour la première fois dans son histoire, et son cours a monté au-dessus de 1000 euros. 14% 12% INDEX Average Funds (*) Navigator zag in januari 2 drempels gesloopt: het fonds bereikte voor het eerst in z n geschiedenis een omvang van 75 miljoen euro, en de koers ging door de symbolische 1000 euro-grens. Le fond a progressé de 5,01% en janvier, soit 3,6% de plus que l indice de référence, qui s'est levé 1,4%. Avec un résultat de 15% dans le 3 mois derniers, le fonds a connu un de ses meilleurs trimestres, non seulement en termes absolus, mais aussi en termes relatifs (surperformance de 6,6%). Nous sommes, après l'expérience de 5 ans, plus que jamais persuadé des avantages de notre approche bien fondamentale mais strictement mathématique aux marchés boursiers. Les ordinateurs sont plus rapides et plus objectifs que nous homo sapiens le sont, deux qualités qui sont cruciales dans le domaine de stock-picking. Leur utilisation raisonnée s est traduite, dans le cas de Navigator, dans une surperformance qui est non seulement inhabituellement systématique, mais qui aussi, grâce aux raffinements continues, semble se développer graduellement plus fort. 10% 8% 6% 4% 2% 0% -2% 31/10/ /11/ /12/ /01/2006 Navigator has crossed two tresholds in January: the fund reached a size of 75 mln. euro for the first time in its history, and its share-price crossed the 1000 euro landmark. The fund started off 2006 with a 5,01%-rise, an outperformance of 3,6% versus the, which rose +1,4%. With a return of 15% over the past 3 months, the fund has had one of its best quarters ever, both in absolute as in relative terms (outperformance of 6,6%). Het nieuwe jaar werd immers ingezet met een stijging van 5,01%. Dat is 3,6% beter dan de wereldindex, die 1,4% hogerop ging. Met een return van 15% over de voorbije 3 maanden kende het fonds één van z n beste kwartalen totnogtoe, niet alleen in absolute termen, maar ook relatief tot de wereldindex (outperformance van 6,6%). We zijn, na de ervaring van de voorbije 5 jaar, meer dan ooit overtuigd van de voordelen van onze fundamentele maar strikt wiskundige benadering van de aandelenmarkt. Computers zijn zowel sneller als objectiever dan de homo sapiens ooit zal zijn, en dat zijn twee kwaliteiten die op het vlak van aandelenselectie cruciaal zijn. Hun oordeelkundig gebruik heeft zich in het geval van Navigator vertaald naar een outperformance die niet alleen ongewoon systematisch is, maar ook, dankzij doorgevoerde verfijningen, langzaamaan sterker lijkt te worden. In view of the past 5 years of experience, we are, more than ever, convinced of the benefits of our fundamental but strictly mathematical approach to stockmarkets. Computers are faster and more objective than we humans will ever get, and these are two qualities that are crucial when it comes to stock-selection. Their judgemental use has, in the case of Navigator, translated into a level of outperformance that is not only unusually systematic but that, thanks to continued refinements, also seems to be gradually growing stronger.

4 Price AVERAGE Funds (*) (*) ING Invest Track-record (en termes absolus) 31/12/ , , ,00 73,44 892,91 262,25 210,53 66,45 31/12/ , ,02 764,26 39,20 725,68 218,43 177,22 53,17 31/12/ ,46 754,97 486,91 24,34 458,85 140,72 116,61 33,50 31/12/ ,07 821,60 513,86 25,84 487,03 151,99 123,59 33,96 31/12/ ,34 860,32 523,74 26,99 497,48 151,29 126,25 34,41 30/12/ , ,29 654,50 33,33 619,49 193,77 156,26 43,00 31/01/ , ,47 667,40 33,81 633,82 199,14 159,29 43,60 (*)= Average of,, Fortis, ING Invest, 3. TRACK-RECORD (in absolute terms) +30% Track-record (in absolute termen) 4 YEAR TRACK RECORD AVERAGE Funds +24,7% Return AVERAGE Funds (*) ING Invest ,9% -13,4% -23,6% -46,6% -18,7% -16,7% -15,8% -20,0% ,8% -33,0% -36,3% -37,9% -36,8% -35,6% -34,2% -37,0% ,5% +8,8% +5,5% +6,2% +6,1% +8,0% +6,0% +1,4% ,3% +4,7% +1,9% +4,5% +2,1% -0,5% +2,2% +1,3% ,6% +23,9% +25,0% +23,5% +24,5% +28,1% +23,8% +25,0% ,01% +1,42% +1,97% +1,4% +2,3% +2,8% +1,9% +1,4% -4,2% +30% -11,6% -20% -30% -20% -30% -40% ING Invest % -50% jan/02 jan/03 jan/04 jan/05 jan/06

5 Price rescaled to Navigator AVERAGE Funds (*) Track-record (comparé avec l'indice mondial et autres fonds) (*) ING Invest 31/12/ ,50 967,50 967,50 967,50 967,50 967,50 967,50 967,50 31/12/ ,04 838,25 739,42 516,42 786,30 805,84 814,42 774,14 31/12/ ,46 561,53 471,09 320,65 497,18 519,15 535,88 487,75 31/12/ ,07 611,09 497,16 340,42 527,71 560,72 567,96 494,45 31/12/ ,34 639,89 506,72 355,57 539,04 558,14 580,19 501,00 30/12/ ,64 793,08 633,22 439,09 671,24 714,86 718,10 626,07 31/01/ ,42 804,37 645,71 445,41 686,76 734,67 732,02 634,81 (*)= Average of,, Fortis, ING Invest, 4. TRACK-RECORD (in relative terms) +50% +40% Track-record (in vergelijking tot wereldindex en andere fondsen) 4 YEAR RELATIVE TRACK RECORD versus versus Average Funds +41,1% RETURN versus AVERAGE Funds (*) ING Invest ,5% +0,0% -10,2% -33,3% -5,4% -3,4% -2,5% -6,6% ,2% +0,0% -3,3% -4,9% -3,8% -2,6% -1,2% -4,0% ,6% +0,0% -3,3% -2,7% -2,7% -0,8% -2,8% -7,5% ,6% +0,0% -2,8% -0,3% -2,6% -5,2% -2,6% -3,4% ,6% +0,0% +1,0% -0,5% +0,6% +4,1% -0,2% +1,0% ,59% +0,00% +0,55% +0,0% +0,9% +1,3% +0,5% -0,0% +30% +30,3% +8% +6% +4% +2% -2% -4% -6% -8% µ ING Invest jan/02 jan/03 jan/04 jan/05 jan/06

6 NAVI GATOR 5. Statistics & Top Holdings Statistiques & positions dominantes Average Funds Statistieken & voornaamste posities ING Invest JPM Govt. Bond Return Index (euro) Hedge Fund Index (euro) RETURN LAST 48 MONTHS +24,7% -4,2% -11,6% -11,3% -12,4% -7,8% -9,6% -16,8% +4,3% -5,3% MONTHLY BASIS: R-SQUARED 0,84 1,00 0,99 0,96 0,99 0,98 0,98 0,96 0,01 0,44 BETA 1,10 1,00 1,01 0,92 1,05 1,07 1,01 1,00 0,02 0,37 AVERAGE RETURN +0,46% -0,09% -0,26% -0,25% -0,27% -0,17% -0,21% -0,38% +0,09% -0,11% ALPHA +0,59% +0,00% -0,16% -0,17% -0,17% -0,07% -0,12% -0,29% +0,10% -0,09% VOLATILITY +5,26% +4,39% +4,45% +4,13% +4,66% +4,73% +4,48% +4,46% +1,27% +2,47% TRACKING ERROR +2,15% +0,00% +0,36% +0,92% +0,52% +0,69% +0,69% +0,86% +4,48% +3,32% ANNUAL BASIS: AVERAGE RETURN +5,7% -1,1% -3,0% -2,9% -3,2% -2,0% -2,5% -4,5% +1,1% -1,3% ALPHA +7,36% +0,00% -1,94% -2,00% -2,05% -0,78% -1,40% -3,40% +1,16% -1,02% VOLATILITY 18,2% 15,2% 15,4% 14,3% 16,1% 16,4% 15,5% 15,5% 4,4% 8,6% TRACKING ERROR 7,46% 0,00% 1,26% 3,19% 1,82% 2,38% 2,39% 2,98% 15,51% 11,51% SHARPE RATIO (risk free = 2%) +0,20-0,20-0,33-0,35-0,33-0,25-0,29-0,42-0,21-0,39 TREYNOR RATIO (risk free = 2%) +0,03-0,03-0,05-0,05-0,05-0,04-0,04-0,07-0,41-0,09 INFORMATION RATIO (=Alpha / Tracking Error) +0,99 +0,00-1,54-0,63-1,13-0,33-0,59-1,14 +0,08-0,09 TOP 10 INDIVIDUAL HOLDINGS TOP 4 OVER/UNDERWEIGHTED SECTORS & MARKETS BANK OF AMERICA US Banks Oil Equipment & Services + KOREA JOHNSON & JOHNSON US Pharmaceuticals & Biotechnology Industrial Engineering + SOUTH AFRICA TOTAL FR Oil & Gas Producers Banks + GREECE IBM US Software & Computer Services Automobiles & Parts + US AT&T US Fixed Line Telecommunications WELLS FARGO & CO US Banks ROYAL BANK OF SCTL.GP. UK Banks Industrial Metals - GERMANY PEPSICO US Beverages General Industrials - SWITZERL. WACHOVIA US Banks Technology Hardware & Equipment - UK CONOCOPHILLIPS US Oil & Gas Producers Pharmaceuticals & Biotechnology - JAPAN

7 6. SECTOR ALLOCATION Allocation Sectorielle Sector-allocatie Financials : 29% Technology : 4%=>5% Oil & Gas : 13% Utilities : 5%=>4% Telecommunications : 6% Basic Materials : 3%=>2% Consumer Services : 8%=>10% Industrials : 17%=>16% Healthcare : 4%=>2% Consumer Goods : 11%=>13%

8 7. REGIONAL ALLOCATION Allocation Régionale Geografische Allocatie US & Canada : 36%=>42% Latin-America : 4%=>2% Australia : 2% Japan : 4% South-Africa : 5%=>4% Eastern Europe : 3%=>2% Asia (ex Japan & Australia) : 18%=>19% UK & Ireland : 7%=>5% Scandinavia : 2%=>3% Southern Europe (France, Italy, Spain ) : 11% Western Europe (Benelux, Germany, Switzerland,...) : 7%=>6% This document does not constitute an offer or solicitation in any jurisdiction in which such offer or sollicitation is not authorised. Past performance is not a guarantee of future returns. The value of investments may fall as well as rise. Any decision to invest should be based on a full reading of the fund prospectus and the most recent financial statements, available at

-10% -14% -20% 3-2001 3-2002 3-2003 3-2004 3-2005 3-2006 STANDARD & POOR'S WWW.FUNDS-SP.COM

-10% -14% -20% 3-2001 3-2002 3-2003 3-2004 3-2005 3-2006 STANDARD & POOR'S WWW.FUNDS-SP.COM +40% AVERAGE Funds WWW.VECTOR.LU WWW.VECTOR.LU -20% -30% -40% -50% -60% Report 2005/03 1. Last month 2. Track Record 3. Trade List & Holdings 4. Sector- & Regional Allocation 3-2001 3-2002 3-2003 3-2004

More information

NAVIGATOR FUND34% NAVIGATOR FUND. MORNINGSTAR 3y STANDARD & POOR'S MARCH 2007 REPORT. 1. Return Distribution of last months' holdings

NAVIGATOR FUND34% NAVIGATOR FUND. MORNINGSTAR 3y STANDARD & POOR'S MARCH 2007 REPORT. 1. Return Distribution of last months' holdings +50% +40% AVERAGE Funds FUND34% FUND WWW.VECTOR.LU WWW.VECTOR.LU Report 2005/03 1. Last month 2. Track Record 3. Trade List & Holdings 4. Sector- & Regional Allocation MARCH 2007 REPORT 1. Return Distribution

More information

NAVIGATOR FUND NAVIGATOR FUND JULY 2007 REPORT MORNINGSTAR 3Y MORNINGSTAR 5Y. 1. Return Distribution of last months' holdings

NAVIGATOR FUND NAVIGATOR FUND JULY 2007 REPORT MORNINGSTAR 3Y MORNINGSTAR 5Y. 1. Return Distribution of last months' holdings +60% +50% +40% AVERAGE Funds FUND +43% FUND WWW.VECTOR.LU +30% WWW.VECTOR.LU -20% -30% -40% -50% Report 2005/03 1. Last month 2. Track Record 3. Trade List & Holdings 4. Sector- & Regional Allocation 2001

More information

International Diversification and Exchange Rates Risk. Summary

International Diversification and Exchange Rates Risk. Summary International Diversification and Exchange Rates Risk Y. K. Ip School of Accounting and Finance, University College of Southern Queensland, Toowoomba, Queensland 4350, Australia Summary The benefits arisen

More information

First-half 2014 RESULTS. August 1 st, 2014. Jean-Paul AGON. Chairman and CEO

First-half 2014 RESULTS. August 1 st, 2014. Jean-Paul AGON. Chairman and CEO RESULTS First-half 2014 August 1 st, 2014 Jean-Paul AGON Chairman and CEO The Cosmetics Market I 2 Worldwide Cosmetics Market * FIRST-HALF 2014 3.5/ 4 + + % *Excluding razors, soaps and toothpastes. First-half

More information

Market Update 08 2011

Market Update 08 2011 Market Update 8 211 Le travail intérimaire en Belgique Uitzendarbeid in België Temporary Agency Work in Belgium TAW activity slightly slows down in August Monthly Evolution 8/211 7/211.52%.26%.9% [Note

More information

M1 UE3 Examen final 2014 / 2015 : China infrastructures strategy

M1 UE3 Examen final 2014 / 2015 : China infrastructures strategy UE3 : Marchés internationaux Amonts M1 UE3 Examen final 2014 / 2015 : China infrastructures strategy Pascal ALBERTINI 14/05/2015 L7N 1 China Infrastructures Strategy Vous, Patrick KRON, Président d Alstom,

More information

Skills for Sustainability: Green Building accredited professionals networks in Europe

Skills for Sustainability: Green Building accredited professionals networks in Europe Skills for Sustainability: Green Building accredited professionals networks in Europe Accreditation vs Certification The terms "accreditation" and "certification" are sometimes used interchangeably, however,

More information

Guidance on Extended Producer Responsibility (EPR) Analysis of EPR schemes in the EU and development of guiding principles for their functioning

Guidance on Extended Producer Responsibility (EPR) Analysis of EPR schemes in the EU and development of guiding principles for their functioning (EPR) Analysis of in the EU and development of guiding principles for their functioning In association with: ACR+ SITA LUNCH DEBATE 25 September 2014 Content 1. Objectives and 2. General overview of in

More information

ASN Duurzaam Mixfonds

ASN Duurzaam Mixfonds ASN Duurzaam Mixfonds Identifier: 60024141, Data as of: 07.10.2015, Currency: EUR Investment Objective SRI Classification Het ASN Duurzaam Mixfonds belegt in euro-staatsobligaties (circa 55%) en aandelen

More information

M. Jean-Paul AGON. Chief Executive Officer. February 16 th 2010

M. Jean-Paul AGON. Chief Executive Officer. February 16 th 2010 M. Jean-Paul AGON Chief Executive Officer February 16 th 2010 COSMETICS MARKET Worldwide cosmetics market* Estimates** Sell-in 2009 (shipments) MASS MARKET PHARMACIES LUXURY HAIR SALONS TOTAL *excluding

More information

DESIGN FOR LIVING DESIGN FOR LIVING

DESIGN FOR LIVING DESIGN FOR LIVING INHOUDSTAFEL NL FR EN PEHA-schuifdeurgrepen zijn uitermate functionele grepen zowel voor de utiliteitsbouw als voor privéwoningen. Elk model heeft zijn eigen kenmerk en laat kasten, schuif- en/of pivoterende

More information

Introduction au BIM. ESEB 38170 Seyssinet-Pariset Economie de la construction email : contact@eseb.fr

Introduction au BIM. ESEB 38170 Seyssinet-Pariset Economie de la construction email : contact@eseb.fr Quel est l objectif? 1 La France n est pas le seul pays impliqué 2 Une démarche obligatoire 3 Une organisation plus efficace 4 Le contexte 5 Risque d erreur INTERVENANTS : - Architecte - Économiste - Contrôleur

More information

Kantoor of Koffiebar. Alain Swolfs Market Unit Leader Banking & Insurance alain.swolfs@capgemini.com

Kantoor of Koffiebar. Alain Swolfs Market Unit Leader Banking & Insurance alain.swolfs@capgemini.com Kantoor of Koffiebar Alain Swolfs Market Unit Leader Banking & Insurance alain.swolfs@capgemini.com Bessenveldstraat Brussels, Belgium Mobile:+32 (0)494 32 13 85 North America 10,384 UK & Ireland 8,766

More information

Survey on Conference Services provided by the United Nations Office at Geneva

Survey on Conference Services provided by the United Nations Office at Geneva Survey on Conference Services provided by the United Nations Office at Geneva Trade and Development Board, fifty-eighth session Geneva, 12-23 September 2011 Contents Survey contents Evaluation criteria

More information

Account Manager H/F - CDI - France

Account Manager H/F - CDI - France Account Manager H/F - CDI - France La société Fondée en 2007, Dolead est un acteur majeur et innovant dans l univers de la publicité sur Internet. En 2013, Dolead a réalisé un chiffre d affaires de près

More information

SUPPLEMENT N 4 DATED 12 May 2014 TO THE BASE PROSPECTUS DATED 22 NOVEMBER 2013. BPCE Euro 40,000,000,000 Euro Medium Term Note Programme

SUPPLEMENT N 4 DATED 12 May 2014 TO THE BASE PROSPECTUS DATED 22 NOVEMBER 2013. BPCE Euro 40,000,000,000 Euro Medium Term Note Programme SUPPLEMENT N 4 DATED 12 May 2014 TO THE BASE PROSPECTUS DATED 22 NOVEMBER 2013 BPCE Euro 40,000,000,000 Euro Medium Term Note Programme BPCE (the Issuer ) may, subject to compliance with all relevant laws,

More information

SPONSOR. In cooperation with. Media partners

SPONSOR. In cooperation with. Media partners SPONSOR In cooperation with Media partners «NEW OPPORTUNITIES FOR THE LUXEMBOURG INVESTMENT FUNDS ENVIRONMENT» Mrs. Annemarie Arens 2 LuxFLAG Mission and values Launched in 2006, LuxFLAG, is a non profit

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Join the Bilingual Revolution today! French-English Dual Language Programs. In New York City Public Schools

Join the Bilingual Revolution today! French-English Dual Language Programs. In New York City Public Schools Join the Bilingual Revolution today! French-English Dual Language Programs In New York City Public Schools There are more than 22,000 francophone children in NYC and only 3,000 have access to a bilingual

More information

www.nona-jewels.com G O L D C O L L E C T I O N

www.nona-jewels.com G O L D C O L L E C T I O N GOLD COLLECTION www.nona-jewels.com 14-13 Let s party! www.nona-jewels.com Goud: de perfecte feesttint Or: la couleur festive par excellence Gold: the ideal party color G oud collect ie 2013 De juwelen

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

GMP-Z Annex 15: Kwalificatie en validatie

GMP-Z Annex 15: Kwalificatie en validatie -Z Annex 15: Kwalificatie en validatie item Gewijzigd richtsnoer -Z Toelichting Principle 1. This Annex describes the principles of qualification and validation which are applicable to the manufacture

More information

In-Home Caregivers Teleconference with Canadian Bar Association September 17, 2015

In-Home Caregivers Teleconference with Canadian Bar Association September 17, 2015 In-Home Caregivers Teleconference with Canadian Bar Association September 17, 2015 QUESTIONS FOR ESDC Temporary Foreign Worker Program -- Mr. Steve WEST *Answers have been updated following the conference

More information

Morningstar Advisor Work Station

Morningstar Advisor Work Station Morningstar Advisor Work Station Van distributiemodel naar een succesvol servicemodel BZB Congres - 7 November 2014 Ben Granjé Morningstar Benelux Morningstar the thirty second intro Leading provider of

More information

Personnalisez votre intérieur avec les revêtements imprimés ALYOS design

Personnalisez votre intérieur avec les revêtements imprimés ALYOS design Plafond tendu à froid ALYOS technology ALYOS technology vous propose un ensemble de solutions techniques pour vos intérieurs. Spécialiste dans le domaine du plafond tendu, nous avons conçu et développé

More information

Rio de Janeiro. Tout simplement, HISTORIQUE! RESULTATS SPORTIFS Christophe PINNA NICE ELITE SPORT 21, bd Carnot 06300 Nice Tél. : +33 (0)6 08 45 80 07 Fax : +33 (0)4 93 56 78 77 Email : c.pinna@wanadoo.fr

More information

International merchandise trade Commerce international

International merchandise trade Commerce international Argentina Argentine Imports: Volume 230 214 220 194 245 215 187 202 208 179 175... Importations : volume Imports: Unit Value 127 125 131 132 130 129 132 135 130 130 119 122 Importations : valeur unitaire

More information

High Performance Business Study. 2014 results

High Performance Business Study. 2014 results High Performance Business Study 2014 results About the study Accenture s High Performance Business (HPB) study aims at understanding which companies are top performers and what makes them great. Each quarter

More information

NUNAVUT HOUSING CORPORATION - BOARD MEMBER RECRUITMENT

NUNAVUT HOUSING CORPORATION - BOARD MEMBER RECRUITMENT NUNAVUT HOUSING CORPORATION - BOARD MEMBER RECRUITMENT The is seeking Northern Residents interested in being on our Board of Directors We are seeking individuals with vision, passion, and leadership skills

More information

First-half 2012 Results. August 29 th, 2012. Jean-Paul AGON. Chairman and CEO

First-half 2012 Results. August 29 th, 2012. Jean-Paul AGON. Chairman and CEO First-half 2012 Results August 29 th, 2012 Jean-Paul AGON Chairman and CEO First-half 2012 Results +11.4% +10.8% Operating profit 1,702.3 1,896.5 Net profit after non-controlling interests 1,625.2 1,466.6

More information

Third Supplement dated 8 September 2015 to the Euro Medium Term Note Programme Base Prospectus dated 12 December 2014

Third Supplement dated 8 September 2015 to the Euro Medium Term Note Programme Base Prospectus dated 12 December 2014 Third Supplement dated 8 September 2015 to the Euro Medium Term Note Programme Base Prospectus dated 12 December 2014 HSBC France 20,000,000,000 Euro Medium Term Note Programme This third supplement (the

More information

Note concernant votre accord de souscription au service «Trusted Certificate Service» (TCS)

Note concernant votre accord de souscription au service «Trusted Certificate Service» (TCS) Note concernant votre accord de souscription au service «Trusted Certificate Service» (TCS) Veuillez vérifier les éléments suivants avant de nous soumettre votre accord : 1. Vous avez bien lu et paraphé

More information

2006 PhD in Finance in progress, University of lnice-sophia Antipolis Subject: Performance measurement of socially responsible funds

2006 PhD in Finance in progress, University of lnice-sophia Antipolis Subject: Performance measurement of socially responsible funds Véronique Le Sourd, PhD Accounting, Law, Finance and Economics Department Senior Research Engineer - Speciality: Finance Phone : +33 (0)4.93.18.78.30 Fax : +33 (0) 4.93.18.78.30 E-mail : veronique.lesourd@edhec.edu

More information

BILL C-665 PROJET DE LOI C-665 C-665 C-665 HOUSE OF COMMONS OF CANADA CHAMBRE DES COMMUNES DU CANADA

BILL C-665 PROJET DE LOI C-665 C-665 C-665 HOUSE OF COMMONS OF CANADA CHAMBRE DES COMMUNES DU CANADA C-665 C-665 Second Session, Forty-first Parliament, Deuxième session, quarante et unième législature, HOUSE OF COMMONS OF CANADA CHAMBRE DES COMMUNES DU CANADA BILL C-665 PROJET DE LOI C-665 An Act to

More information

Audit de sécurité avec Backtrack 5

Audit de sécurité avec Backtrack 5 Audit de sécurité avec Backtrack 5 DUMITRESCU Andrei EL RAOUSTI Habib Université de Versailles Saint-Quentin-En-Yvelines 24-05-2012 UVSQ - Audit de sécurité avec Backtrack 5 DUMITRESCU Andrei EL RAOUSTI

More information

RAPPORT FINANCIER ANNUEL PORTANT SUR LES COMPTES 2014

RAPPORT FINANCIER ANNUEL PORTANT SUR LES COMPTES 2014 RAPPORT FINANCIER ANNUEL PORTANT SUR LES COMPTES 2014 En application de la loi du Luxembourg du 11 janvier 2008 relative aux obligations de transparence sur les émetteurs de valeurs mobilières. CREDIT

More information

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V.

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V. Op 6 februari 2010 is de naam ABN AMRO Bank N.V. (geregistreerd bij de Kamer van Koophandel onder nummer 33002587) gewijzigd in The Royal Bank of Scotland N.V. Op 1 april 2010 is de naam van ABN AMRO Holding

More information

FTSE All-World ex Fossil Fuels Index Series

FTSE All-World ex Fossil Fuels Index Series FTSE FACTSHEET FTSE All-World ex Fossil Fuels Index Series Data as at: 31 August 2015 bmktitle1 Market participants are increasingly looking to manage carbon exposure in their investments, and reduce write-off

More information

William Lyon Mackenzie King fonds. Finance sub-series MG 26 J 11

William Lyon Mackenzie King fonds. Finance sub-series MG 26 J 11 LIBRARY AND ARCHIVES CANADA Canadian Archives and Special Collections Branch BIBLIOTHÈQUE ET ARCHIVES CANADA Direction des archives canadiennes et collections spéciales William Lyon Mackenzie King fonds

More information

Unrealized Gains in Stocks from the Viewpoint of Investment Risk Management

Unrealized Gains in Stocks from the Viewpoint of Investment Risk Management Unrealized Gains in Stocks from the Viewpoint of Investment Risk Management Naoki Matsuyama Investment Administration Department, The Neiji Mutual Life Insurance Company, 1-1 Marunouchi, 2-chome, Chiyoda-ku,

More information

IP-NBM. Copyright Capgemini 2012. All Rights Reserved

IP-NBM. Copyright Capgemini 2012. All Rights Reserved IP-NBM 1 De bescheidenheid van een schaker 2 Maar wat betekent dat nu 3 De drie elementen richting onsterfelijkheid Genomics Artifical Intelligence (nano)robotics 4 De impact van automatisering en robotisering

More information

Formation à l ED STIC ED STIC Doctoral education. Hanna Klaudel

Formation à l ED STIC ED STIC Doctoral education. Hanna Klaudel Formation à l ED STIC ED STIC Doctoral education Hanna Klaudel Texte de référence / Text of low L arrêté de 7 août 2006 : «Les écoles doctorales proposent aux doctorants les formations utiles à leur projet

More information

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V.

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V. Op 6 februari 2010 is de naam ABN AMRO Bank N.V. (geregistreerd bij de Kamer van Koophandel onder nummer 33002587) gewijzigd in The Royal Bank of Scotland N.V. Op 1 april 2010 is de naam van ABN AMRO Holding

More information

Each of the 16 Canadian medical schools has a psychiatry. Canadian Psychiatry Residency Training Programs: A Glance at the Management Structure

Each of the 16 Canadian medical schools has a psychiatry. Canadian Psychiatry Residency Training Programs: A Glance at the Management Structure Brief Communication Canadian Psychiatry Residency Training Programs: A Glance at the Management Structure Louis T van Zyl, MB, ChB, MMedPsych, FRCPC 1, Paul R Davidson, PhD, CPsych 2 Objectives: To describe

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Future Entreprise. Jean-Dominique Meunier NEM Executive Director www.nem-initiative.org. Nov. 23, 2009 FIA Stockholm

Future Entreprise. Jean-Dominique Meunier NEM Executive Director www.nem-initiative.org. Nov. 23, 2009 FIA Stockholm Future Entreprise Jean-Dominique Meunier NEM Executive Director www.nem-initiative.org Nov. 23, 2009 FIA Stockholm 1 Nov. 23, 2009 FIA Stockholm Source : @JDM 2 Nov. 23, 2009 FIA Stockholm Source : @JDM

More information

IOOF QuantPlus. International Equities Portfolio NZD. Quarterly update

IOOF QuantPlus. International Equities Portfolio NZD. Quarterly update IOOF QuantPlus NZD Quarterly update For the period ended 31 March 2016 Contents Overview 2 Portfolio at glance 3 Performance 4 Asset allocation 6 Overview At IOOF, we have been helping Australians secure

More information

ITIL. Nicolas Richard (NRC) Inspiré d une présentation de Steve Mann (Opsys) à l ITSMF Belgium. Une évolution ou une révolution?

ITIL. Nicolas Richard (NRC) Inspiré d une présentation de Steve Mann (Opsys) à l ITSMF Belgium. Une évolution ou une révolution? ITIL Une évolution ou une révolution? 1 Nicolas Richard (NRC) Inspiré d une présentation de Steve Mann (Opsys) à l ITSMF Belgium L origine Les administrations et le commerce de plus en plus dépendants

More information

Sun Management Center Change Manager 1.0.1 Release Notes

Sun Management Center Change Manager 1.0.1 Release Notes Sun Management Center Change Manager 1.0.1 Release Notes Sun Microsystems, Inc. 4150 Network Circle Santa Clara, CA 95054 U.S.A. Part No: 817 0891 10 May 2003 Copyright 2003 Sun Microsystems, Inc. 4150

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

A new table for prevention of hypoglycaemia during physical activity in type 1 diabetic patient...

A new table for prevention of hypoglycaemia during physical activity in type 1 diabetic patient... Publicité 1 of 11 8/6/2010 10:39 AM Résumé Une nouvelle table de prévention des hypoglycémies lors de l'activité physique chez les patients diabétiques de type 1 Objectif Méthodes Résultats Conclusion

More information

Current status of euthanasia in Belgium. Prof. dr. Patrick Cras Dept Neurology and Ethics Committee Antwerp University Hospital

Current status of euthanasia in Belgium. Prof. dr. Patrick Cras Dept Neurology and Ethics Committee Antwerp University Hospital Current status of euthanasia in Belgium Prof. dr. Patrick Cras Dept Neurology and Ethics Committee Antwerp University Hospital Euthanasia Law 28 May 2002: euthanasia is a life ending act by a physician

More information

Research & Analytics. Low and Minimum Volatility Indices

Research & Analytics. Low and Minimum Volatility Indices Research & Analytics Low and Minimum Volatility Indices Contents 1. Introduction 2. Alternative Approaches 3. Risk Weighted Indices 4. Low Volatility Indices 5. FTSE s Approach to Minimum Variance 6. Methodology

More information

SIXTH FRAMEWORK PROGRAMME PRIORITY [6

SIXTH FRAMEWORK PROGRAMME PRIORITY [6 Key technology : Confidence E. Fournier J.M. Crepel - Validation and certification - QA procedure, - standardisation - Correlation with physical tests - Uncertainty, robustness - How to eliminate a gateway

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V.

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V. Op 6 februari 2010 is de naam ABN AMRO Bank N.V. (geregistreerd bij de Kamer van Koophandel onder nummer 33002587) gewijzigd in The Royal Bank of Scotland N.V. Op 1 april 2010 is de naam van ABN AMRO Holding

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Uw partner in system management oplossingen

Uw partner in system management oplossingen Uw partner in system management oplossingen User Centric IT Bring your Own - Corporate Owned Onderzoek Forrester Welke applicatie gebruik je het meest op mobiele devices? Email 76% SMS 67% IM / Chat 48%

More information

Education et Formation Professionnelle des Commerçants du Gaz Naturel dans la Vision d un Pivot de Commerce du Gaz Naturel Turc

Education et Formation Professionnelle des Commerçants du Gaz Naturel dans la Vision d un Pivot de Commerce du Gaz Naturel Turc Vision d un Pivot de Commerce du Gaz Naturel Turc 2013-1-TR1-LEO05-47603 1 Vision d un Pivot de Commerce du Gaz Naturel Turc (2013-1-TR1-LEO05-47603) Information sur le projet Titre: Code Projet: Education

More information

Guide Share France Groupe de Travail MQ sept 2013

Guide Share France Groupe de Travail MQ sept 2013 Guide Share France Groupe de Travail MQ sept 2013 Carl Farkas Pan-EMEA zwebsphere Application Integration Consultant IBM France D/2708 Paris, France Internet : farkas@fr.ibm.com 2013 IBM Corporation p1

More information

Another way to look at the Project Une autre manière de regarder le projet. Montpellier 23 juin - 4 juillet 2008 Gourlot J.-P.

Another way to look at the Project Une autre manière de regarder le projet. Montpellier 23 juin - 4 juillet 2008 Gourlot J.-P. Another way to look at the Project Une autre manière de regarder le projet Montpellier 23 juin - 4 juillet 2008 Gourlot J.-P. Plan of presentation Plan de présentation Introduction Components C, D The

More information

Amundi ETF & Indexing Research Chair with Edhec Risk Institute Results of The EDHEC European ETF Survey 2014

Amundi ETF & Indexing Research Chair with Edhec Risk Institute Results of The EDHEC European ETF Survey 2014 Amundi ETF & Indexing Research Chair with Edhec Risk Institute Results of The EDHEC European ETF Survey 2014 Les Echos Forum de l Asset Management 15 April 2015 Introduction Amundi ETF & Indexing is pleased

More information

Publications Lisbeth Claus, Ph.D., SPHR Professor of Global HR Willamette University Atkinson Graduate School of Management (2001-2012)

Publications Lisbeth Claus, Ph.D., SPHR Professor of Global HR Willamette University Atkinson Graduate School of Management (2001-2012) Publications Lisbeth Claus, Ph.D., SPHR Professor of Global HR Willamette University Atkinson Graduate School of Management (2001-2012) 2012 Claus, L. (2012). Duty of Care and Travel Risk Management Global

More information

THE THIRD SUPPLEMENT DATED 25 FEBRUARY 2015 TO THE 15 MAY 2014 BASE PROSPECTUS

THE THIRD SUPPLEMENT DATED 25 FEBRUARY 2015 TO THE 15 MAY 2014 BASE PROSPECTUS THE THIRD SUPPLEMENT DATED 25 FEBRUARY 2015 TO THE 15 MAY 2014 BASE PROSPECTUS RENAULT (incorporated as a société anonyme in France) 7,000,000,000 Euro Medium Term Note Programme This prospectus supplement

More information

The Case for International Fixed Income

The Case for International Fixed Income The Case for International Fixed Income June 215 Introduction Investing in fixed-income securities outside of the United States is often perceived as a riskier strategy than deploying those assets domestically,

More information

De veranderende samenleving. De smartphone revolutie

De veranderende samenleving. De smartphone revolutie De veranderende samenleving De smartphone revolutie GfK Retail and Technology Wie zijn wij? GfK Retail and Technology The Netherlands 21 November 2011 Consumenten Electronica, Telecom, IT, Klein- & Groot

More information

Pourquoi une gestion de portefeuille efficace doit se fonder sur une approche intégrée?

Pourquoi une gestion de portefeuille efficace doit se fonder sur une approche intégrée? Pourquoi une gestion de portefeuille efficace doit se fonder sur une approche intégrée? Jan Maree Frei-Cox Swiss Life Bernard Fripiat SimCorp François Pichon SimCorp Agenda Présentation de SimCorp Le projet

More information

Dierenwelzijn in Nederland & Europa

Dierenwelzijn in Nederland & Europa Dierenwelzijn in Nederland & Europa Gluren bij de buren: Dierenwelzijn in internationaal verband 12 maart 2014 - Hans Spoolder Op dierenwelzijnsgebied behoort Nederland tot de koplopers Van belang is dat

More information

Langages Orientés Objet Java

Langages Orientés Objet Java Langages Orientés Objet Java Exceptions Arnaud LANOIX Université Nancy 2 24 octobre 2006 Arnaud LANOIX (Université Nancy 2) Langages Orientés Objet Java 24 octobre 2006 1 / 32 Exemple public class Example

More information

QUÉBEC CHAPTER CANADA GREEN BUILDING COUNCIL ENERGY EFFICIENCY. Innovation Seminars

QUÉBEC CHAPTER CANADA GREEN BUILDING COUNCIL ENERGY EFFICIENCY. Innovation Seminars QUÉBEC CHAPTER CANADA GREEN BUILDING COUNCIL ENERGY EFFICIENCY STRATEGIES IN QUEBEC Innovation Seminars Canadian German Chamber Of Industry and Commerce Inc February 7 and 8, 2013 Louis Vincent, President

More information

Voorbeeld PROOF/ÉPREUVE. Preview. Conformity assessment Requirements for bodies providing audit and certification of management systems.

Voorbeeld PROOF/ÉPREUVE. Preview. Conformity assessment Requirements for bodies providing audit and certification of management systems. TECHNICAL SPECIFICATION ISO/IEC TS 17021-3 First edition Dit document mag slechts op een stand-alone PC worden geinstalleerd. Gebruik op een netwerk is alleen. toestaan als een aanvullende licentieovereenkomst

More information

mvam: mobile technology for remote food security surveys mvam: technologie mobile pour effectuer des enquêtes à distance sur la sécurité alimentaire

mvam: mobile technology for remote food security surveys mvam: technologie mobile pour effectuer des enquêtes à distance sur la sécurité alimentaire mvam: mobile technology for remote food security surveys mvam: technologie mobile pour effectuer des enquêtes à distance sur la sécurité alimentaire September 16, 2014 http://www.wfp.org/videos/wfp-calling

More information

I will explain to you in English why everything from now on will be in French

I will explain to you in English why everything from now on will be in French I will explain to you in English why everything from now on will be in French Démarche et Outils REACHING OUT TO YOU I will explain to you in English why everything from now on will be in French All French

More information

Is het nodig risico s te beheersen op basis van een aanname..

Is het nodig risico s te beheersen op basis van een aanname.. Is het nodig risico s te beheersen op basis van een aanname.. De mens en IT in de Zorg Ngi 19 april 2011 René van Koppen Agenda Er zijn geen feiten, slechts interpretaties. Nietzsche Geen enkele interpretatie

More information

The Premium Review. 7 December 2006

The Premium Review. 7 December 2006 The Premium Review 7 December 2006 The L Oréal Business Model Growth Perspectives : 4 illustrations L Oréal Highlights 3 Worldwide leader in Cosmetics 2005 Sales : 14 533 M A unique expertise : A Pure

More information

Detection of water leakage using laser images from 3D laser scanning data

Detection of water leakage using laser images from 3D laser scanning data Detection of water leakage using laser images from 3D laser scanning data QUANHONG FENG 1, GUOJUAN WANG 2 & KENNERT RÖSHOFF 3 1 Berg Bygg Konsult (BBK) AB,Ankdammsgatan 20, SE-171 43, Solna, Sweden (e-mail:feng@bergbyggkonsult.se)

More information

CO-BRANDING RICHTLIJNEN

CO-BRANDING RICHTLIJNEN A minimum margin surrounding the logo keeps CO-BRANDING RICHTLIJNEN 22 Last mei revised, 2013 30 April 2013 The preferred version of the co-branding logo is white on a Magenta background. Depending on

More information

The Need For Speed. leads to PostgreSQL. Dimitri Fontaine dimitri@2ndquadrant.fr. 28 Mars 2013

The Need For Speed. leads to PostgreSQL. Dimitri Fontaine dimitri@2ndquadrant.fr. 28 Mars 2013 The Need For Speed leads to PostgreSQL Dimitri Fontaine dimitri@2ndquadrant.fr 28 Mars 2013 Dimitri Fontaine dimitri@2ndquadrant.fr The Need For Speed 28 Mars 2013 1 / 23 Dimitri Fontaine 2ndQuadrant France

More information

Unexpectedly low decrease of NO 2 air pollution Correlation with ozone concentration and altered exhaust emissions

Unexpectedly low decrease of NO 2 air pollution Correlation with ozone concentration and altered exhaust emissions Published in: 2 nd conf. Environment & Transport, incl. 15 th conf. Transport and Air Pollution. Reims, France, 12-14 June 26. Proceedings n 17, Vol. 2, Inrets ed., Arceuil, France, 26, p. 264-269 Unexpectedly

More information

Measuring Policing Complexity: A Research Based Agenda

Measuring Policing Complexity: A Research Based Agenda ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

527796-LLP-1-2012-1-ES-LEONARDO-LMP. http://www.adam-europe.eu/adam/project/view.htm?prj=9975

527796-LLP-1-2012-1-ES-LEONARDO-LMP. http://www.adam-europe.eu/adam/project/view.htm?prj=9975 innovative methodology 527796-LLP-1-2012-1-ES-LEONARDO-LMP 1 Information sur le projet Titre: Code Projet: Année: 2012 Type de Projet: Statut: Accroche marketing: Learn Play Manage. Collaborative Learning

More information

Keep in touch FINANCIAL COMMUNICATIONS. Thierry Prévot Group General Manager, Financial Communications & Strategic Prospective Analysis

Keep in touch FINANCIAL COMMUNICATIONS. Thierry Prévot Group General Manager, Financial Communications & Strategic Prospective Analysis FINANCIAL COMMUNICATIONS Keep in touch with a complete range of devices and publications Thierry Prévot Group General Manager, Financial Communications & Strategic Prospective Analysis 1 Websites loreal.com

More information

CENTRAL CORPORATE CREDIT REGISTER. Tables of NBB codes. Description of the internal NBB codes used in the protocols

CENTRAL CORPORATE CREDIT REGISTER. Tables of NBB codes. Description of the internal NBB codes used in the protocols CENTRAL CORPORATE CREDIT REGISTER Tables of NBB codes Description of the internal NBB codes used in the protocols CENTRAL CORPORATE CREDIT REGISTER 2 / 8 Table of content TABLE 1: CREDIT MATURITY CODES

More information

Relationele Databases 2002/2003

Relationele Databases 2002/2003 1 Relationele Databases 2002/2003 Hoorcollege 5 22 mei 2003 Jaap Kamps & Maarten de Rijke April Juli 2003 Plan voor Vandaag Praktische dingen 3.8, 3.9, 3.10, 4.1, 4.4 en 4.5 SQL Aantekeningen 3 Meer Queries.

More information

Post-Secondary Opportunities For Student-Athletes / Opportunités post-secondaire pour les étudiantathlètes

Post-Secondary Opportunities For Student-Athletes / Opportunités post-secondaire pour les étudiantathlètes Post-Secondary Opportunities For Student-Athletes / Opportunités post-secondaire pour les étudiantathlètes Jean-François Roy Athletics Canada / Athlétisme Canada Talent Development Coordinator / Coordonnateur

More information

Evaluating Managers on an After-Tax Basis

Evaluating Managers on an After-Tax Basis Evaluating Managers on an After-Tax Basis Brian La Bore Senior Manager Research Analyst Head of Traditional Research Greycourt & Co., Inc. March 25 th, 2009 Is Your Alpha Big Enough to Cover Its Taxes?

More information

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V.

ABN AMRO Bank N.V. The Royal Bank of Scotland N.V. ABN AMRO Holding N.V. RBS Holdings N.V. ABN AMRO Bank N.V. Op 6 februari 2010 is de naam ABN AMRO Bank N.V. (geregistreerd bij de Kamer van Koophandel onder nummer 33002587) gewijzigd in The Royal Bank of Scotland N.V. Op 1 april 2010 is de naam van ABN AMRO Holding

More information

GRADUATION REQUIREMENTS 9.1 Graduation Requirements

GRADUATION REQUIREMENTS 9.1 Graduation Requirements SECTION 9 GRADUATION REQUIREMENTS 9.1 Graduation Requirements Requirement Groups Number of credits required Language Arts (8 credits) Core Language Arts Optional Language Arts Mathematics Science 6 credits

More information

D où vient le plomb? :

D où vient le plomb? : D où vient le plomb? : L utilisation de l environmental forensics pour la fixation des objectifs de dépollution du site d une ancienne unité de traitement des métaux précieux à Vienne dans l Isère Yvan

More information

Inclusive Education : An international perspective

Inclusive Education : An international perspective Inclusive Education : An international perspective Dr Cor Meijer, director www.european-agency.org Member countries of the Agency Presently, the Agency has 27 full member countries: Austria, Belgium (French),

More information

Second Quarter and First Half 2015 Trading Update

Second Quarter and First Half 2015 Trading Update Second Quarter and First Half 2015 Trading Update Trading Performance Year-on-Year Gross Profit Reported ( m) Constant 2015 2014 % % Q2 145.3 137.1 +6.0% +10.6% H1 281.0 263.7 +6.6% +10.8% Q2 Gross Profit

More information

Millier Dickinson Blais

Millier Dickinson Blais Research Report Millier Dickinson Blais 2007-2008 National Survey of the Profession September 14, 2008 Contents 1 Introduction & Methodology... 3 2 National Results... 5 3 Regional Results... 6 3.1 British

More information

Student Finance and Accessibility in an International Comparative Perspective

Student Finance and Accessibility in an International Comparative Perspective Student Finance and Accessibility in an International Comparative Perspective D. Bruce Johnstone Pamela Marcucci International Comparative Higher Education Finance and Accessibility Project 1 The International

More information

NOTES POUR L ALLOCUTION DE M

NOTES POUR L ALLOCUTION DE M NOTES POUR L ALLOCUTION DE M. RÉJEAN ROBITAILLE, PRÉSIDENT ET CHEF DE LA DIRECTION, À LA CONFÉRENCE DES SERVICES FINANCIERS CANADIENS LE 31 MARS 2009, À 11H AU CENTRE MONT-ROYAL, À MONTRÉAL Mise en garde

More information

Archived Content. Contenu archivé

Archived Content. Contenu archivé ARCHIVED - Archiving Content ARCHIVÉE - Contenu archivé Archived Content Contenu archivé Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject

More information

Ministère des Affaires Sociales et de la Santé, France

Ministère des Affaires Sociales et de la Santé, France Ministère des Affaires Sociales et de la Santé, France 1.1 Please indicate the type of organisation on behalf of which you are responding to this consultation: 1. Respondent Profile Public authorities

More information

ANIMATION OF CONTINUOUS COMPUTER SIMULATIONS C.M. Woodside and Richard Mallet Computer Center, Carleton University ABSTRACT

ANIMATION OF CONTINUOUS COMPUTER SIMULATIONS C.M. Woodside and Richard Mallet Computer Center, Carleton University ABSTRACT 19.1 ANIMATION OF CONTINUOUS COMPUTER SIMULATIONS C.M. Woodside and Richard Mallet Computer Center, Carleton University ABSTRACT A block-oriented graphics program called ANIM8 has been developed for animating

More information

A web-based multilingual help desk

A web-based multilingual help desk LTC-Communicator: A web-based multilingual help desk Nigel Goffe The Language Technology Centre Ltd Kingston upon Thames Abstract Software vendors operating in international markets face two problems:

More information