1,137 research outputs found

    Style adjusted performance of South African general equity unit trusts

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    Includes bibliographical references.The performance of South African General Equity Unit Trusts is investigated in order to establish if managers are able to add value after adjusting for style exposure. The analysis is performed from January 2003 to December 2012 using three alternative methodologies including unconstrained regressions, returns-based style analysis and return decomposition. The results indicate that the majority of unit trust manager's style adjusted excess return is not statistically different from zero and the performance can be replicated using passive style indices. While the majority display negative style adjusted excess return there are individual unit trusts which consistently are able to outperform across the different methodologies and time periods. The economic significance of this positive alpha can be large over a longer period of time

    Hyperpolarized Helium 3 MRI in Mild-to-Moderate Asthma: Prediction of Postbronchodilator Reversibility

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    Background: Longitudinal progression to irreversible airflow limitation occurs in approximately 10% of patients with asthma, but it is difficult to identify patients who are at risk for this transition. Purpose: To investigate 6-year longitudinal changes in hyperpolarized helium 3 (3He) MRI ventilation defects in study participants with mild-to-moderate asthma and identify predictors of longitudinal changes in postbronchodilator forced expiratory volume in 1 second (FEV1) reversibility Materials and Methods: Spirometry and hyperpolarized 3He MRI were evaluated in participants with mild-to-moderate asthma in two prospectively planned visits approximately 6 years apart. Participants underwent methacholine challenge at baseline (January 2010 to April 2011) and pre- and postbronchodilator evaluations at follow-up (November 2016 to June 2017). FEV1 and MRI ventilation defects, quantified as ventilation defect volume (VDV), were compared between visits by using paired t tests. Participants were dichotomized by postbronchodilator change in FEV1 at follow-up, and differences between reversible and not-reversible groups were determined by using unpaired t tests. Multivariable models were generated to explain postbronchodilator FEV1 reversibility at follow-up. Results: Eleven participants with asthma (mean age, 42 years ± 9 [standard deviation]; seven men) were evaluated at baseline and after mean 78 months ± 7. Medications, exacerbations, FEV1 (76% predicted vs 76% predicted; P = .91), and VDV (240 mL vs 250 mL; P = .92) were not different between visits. In eight of 11 participants (73%), MRI ventilation defects at baseline were at the same location in the lung at follow-up MRI. In the remaining three participants (27%), MRI ventilation defects worsened at the same lung locations as depicted at baseline methacholine-induced ventilation. At follow-up, postbronchodilator FEV1 was not reversible in six of 11 participants; the concentration of methacholine to decrease FEV1 by 20% (PC20) was greater in FEV1-irreversible participants at follow-up (P = .01). In a multivariable model, baseline MRI VDV helped to predict postbronchodilator reversibility at follow-up (R 2 = 0.80; P \u3c .01), but PC20, age, and FEV1 did not (R 2 = 0.63; P = .15). Conclusion: MRI-derived, spatially persistent ventilation defects predict postbronchodilator reversibility 78 months ± 7 later for participants with mild-to-moderate asthma in whom there were no changes in lung function, medication, or exacerbations

    The Photophysical Properties of CdTe/ZnS Core/Shell Quantum Dots

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    The distinctive fluorescent properties of semiconductor nanocrystal quantum dots (QDs) make them advantageous for use in optoelectronic and biological applications. We report on experiments done to characterize the optical properties and the general photostability of CdTe QDs with varying ZnS shell thicknesses. Steady-state and time-resolved absorption and fluorescence spectroscopy measurements indicate that increasing the ZnS shell thickness results in longer absorption and emission wavelengths, increased quantum yield, and improved photostability.Faculty Sponsor: Dr. James J. Butler and Dr. David Corde

    FEV1 and MRI Ventilation Defect Reversibility in Asthma and COPD

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    The underlying pathophysiological determinants of asthma and chronic obstructive pulmonary disease (COPD) are related in complex ways. Importantly however, post-bronchodilator FEV1- reversibility may occur in approximately 50% of COPD patients whilst epidemiological and magnetic-resonance-imaging (MRI) studies suggest that in asthmatics, FEV1-reversibility may diminish over time. As compared to patients with asthma or COPD alone, patients with coexisting asthma and COPD report worse clinical outcomes and increased healthcare costs and burden

    Roton immiscibility in a two-component dipolar Bose gas

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    We characterize the immiscibility-miscibility transition (IMT) of a two-component Bose-Einstein condensate (BEC) with dipole-dipole interactions. In particular, we consider the quasi-two dimensional geometry, where a strong trapping potential admits only zero-point motion in the trap direction, while the atoms are more free to move in the transverse directions. We employ the Bogoliubov treatment of the two-component system to identify both the well-known long-wavelength IMT in addition to a roton-like IMT, where the transition occurs at finite-wave number and is reminiscent of the roton softening in the single component dipolar BEC. Additionally, we verify the existence of the roton IMT in the fully trapped, finite systems by direct numerical simulation of the two-component coupled non-local Gross-Pitaevskii equations.Comment: 13 pages, 2 columns, 9 figure

    Track Extrapolation and Distribution for the CDF-II Trigger System

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    The CDF-II experiment is a multipurpose detector designed to study a wide range of processes observed in the high energy proton-antiproton collisions produced by the Fermilab Tevatron. With event rates greater than 1MHz, the CDF-II trigger system is crucial for selecting interesting events for subsequent analysis. This document provides an overview of the Track Extrapolation System (XTRP), a component of the CDF-II trigger system. The XTRP is a fully digital system that is utilized in the track-based selection of high momentum lepton and heavy flavor signatures. The design of the XTRP system includes five different custom boards utilizing discrete and FPGA technology residing in a single VME crate. We describe the design, construction, commissioning and operation of this system.Comment: 34 pages, 9 figures, submitted to Nucl.Inst.Meth.
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