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From: Richard Kahn < Sent: Wednesday, March 14, 2018 4:52 PM To: jeffrey E. Subject: Fwd: Other ways to trade Saudi Richard Kahn HBRK Associates Inc. 575 =exin

From: Richard Kahn < Sent: Wednesday, March 14, 2018 4:52 PM To:

upon =nclusion Trades =90m/ day based on bottleneck liquidity • Tradable on swap at lml.+90bps, std comm applies; also =ccessible on fully funded Luxembourg-listed warrant (MERRI1DT LX) 10 single stock names to own in Saudi. • Al Rajhi: BAML Top pick for 2018» =argest bank in Saudi » Reflation trade b

From: Richard Kahn Sent: Wednesday, May 23, 2018 5:15 PM To: Jeffrey E. Subject: Fwd: Tax appears he can have access to money yet is being very lax =bout it...an

From: Richard Kahn Sent: Wednesday, May 23, 2018 5:15 PM To: Jef

Bac Subject: =/b>Re: Tax Date: =/b>May 23, 2018 at 12:02:35 PM =DT To: =/b>Richard Kahn They are held as USD in the =itcoin exchange Bitstamp in Luxembourg. I have not yet figured out how =o transfer them to the US. My German bank does not accept transactions =rom Bitcoin exchanges, and Bitstamp does no

nly make an executive available for an interview on one condition: "He cannot discuss financials or politics under any circumstances." (No thanks.) Richard Ash, the chief executive of Sam Ash, the largest chain of family-owned music stores in the country, isn't afraid to state the obvious. "Our customers a

een Spain (No. 8) and France (No. 15). Iceland (No. 2), Australia (No. 6), Finland (No. 7), the Netherlands (No. 9) and financial and banking center Luxembourg rounded out the first 10 finishers, according to a comprehensive study published in the medical journal The Lancet. Of the 20 countries heading up

check whether the previous conclusions hold when using a model that ) 36 Thus the annual SR is in this case is (It *52 am • -O2 37 See Grinold and Kahn (2005) and Goodwin (1998). 27 EFTA00617336 allows for varying systematic risk and mean return. In addition to this the following hypothesis is t

dix (Table Al) shows, most IEFs in the sample are located in Asia and Malaysia in particular. However there are also some IEFs located in the US and Luxembourg and Canada. This implies that the IEF industry although concentrated in Asia (which holds the bulk of the worlds Muslim population) is also present

ects at Winterthur Group Previously. Dr. Schmid-Kahn/Wet worked in the Capital Markets aid M&A practic

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offe Publisher-Editor Siam Johansson Chairman Kahn Johansson Omobola Johnson Peggy Johnson Robert

Founder Managing Director. Member of the Managing Board, World Economic Forum Co-Founder and Partner President, European Investment Bank (EIB), Luxembourg Chairman Chief Executive Officer Minister of Hotels and Tourism of Myanmar Chief Operating Officer Deputy Chairman Editor-in-Chief Chief Econ