EMA

EMA is an acronym for European Medicines Agency, which is the agency responsible for the scientific evaluation, supervision and safety monitoring of medicines within the EU. You can visit its website here.

haematology

haematology refers to the study of the blood and bone marrow

Systemic lupus erythematosus

Systemic lupus erythematosus, often abbreviated to SLE, SLE is an autoimmune condition, which means it is caused by problems with the immune system. The immune system in people with SLE starts to attack and inflame healthy cells, tissue and organs. You can read more about it here.

systematic risk

Systematic risk is the risk inherent in an investment because of external factors. Example might be the country where the investment is located in or the industry sector it operates in.

Systematic Macro

Systematic Macro funds use quantitative (number based) models to try to predict changes in the prices of assets. The system generates the investment ideas. These models are trying to take advantage of market inefficiencies that arise because we humans don’t always invest rationally. Some of these strategies will be trend following. For example, investing on […]

Redeemable shares

Shares designed to be bought back easily by a company (in practice, as rules around buy-backs have eased, Redeemable Shares are not much different to ordinary shares).

National Grid ESO

National Grid ESO is the electricity system operator for Great Britain. It owns the high voltage transmission lines that move power around the country. It is also responsible for balancing the supply and demand of power across the grid. You can read more about it here.

Inflation

Inflation is the rate at which prices for goods and services rise. Inflation is sometimes classified into three types: demand-pull inflation, cost-push inflation, and built-in inflation. Inflation can be viewed positively or negatively depending on the individual viewpoint and rate of change. Those with tangible assets, like property or stocked commodities, may like to see […]

WALE

WALE is an abbreviation of Weighted Average Lease Expiry. It is used by property companies as an indicator of the average remaining life of the leases within their portfolios, taking into account the size. This can be the size of either expected income or space. Therefore large tenants can shift the balance of things, especially […]

TVPI

TVPI is an acronym for Total Value to Paid In capital. It represents the ratio of the current value of remaining investments within a fund, plus the total value of all distributions to date, relative to the total amount of capital paid into the fund to date.

Price Discovery

Price discovery is the overall process of setting the price of an asset. The process of price discovery looks at a number of tangible and intangible factors, including supply and demand, investor risk attitudes, and the overall economic and geopolitical environment.

Glossary

EMA