They rose by around EUR21 billion net in the reporting period and thus played a key part in the acquisition of financial assets
Thus this approach shows no substitution of 401(k) contributions for other financial asset
25, 2006, FASB issued an FASB Exposure Draft, The Fair Value Option for Financial Assets
and Financial Liabilities, for Phase 1.
The financial assets
discussed thus far were held in insured depository institutions-which include banks, savings banks, savings and loans, and credit unions - or in uninsured institutions.
The ratio of India's international financial assets
to international financial liabilities stood at 59.
In combination with the growth in financial assets
, this resulted in net financial assets
increasing by 90 billion (or 2.
Markus Stadlmann, chief investment officer at Lloyds Bank Private Banking, said: "Since 2004, substantial growth in the value of the housing stock and financial assets
has boosted net household wealth by close to PS4 trillion.
In the third quarter of 200, households' net investments in financial assets
Led by China, India, and Indonesia, the per-capita financial assets
of emerging countries in Asia jumped over 10% last year.
During the first three quarters of 2008 alone, the value of household financial assets
decreased by about eight per cent in the US and the UK, by close to six per cent in the euro area, and by five per cent in Japan.
166, "Accounting for Transfers of Financial Assets
," and SFAS No.
The world lost more than $50 trillion in financial assets
last year, the equivalent to one year of the global gross domestic product, as a result of the economic crisis, with the impact felt more sharply in Asia than other regional emerging economies, an Asian Development Bank study said Monday.