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Hedge Funds and Financial Market Dynamics
Anne Jansen
Mr. Donald J. Mathieson
Mr. Barry J. Eichengreen
Ms. Laura E. Kodres
Mr. Bankim Chadha
Mr. Sunil Sharma
出版
International Monetary Fund
, 1998-05-15
主題
Business & Economics / Banks & Banking
Business & Economics / Economics / Macroeconomics
Business & Economics / Public Finance
ISBN
1452792399
9781452792392
URL
http://books.google.com.hk/books?id=FOmYTJSWOpkC&hl=&source=gbs_api
註釋
Hedge funds are collective investment vehicles, often organized as private partnerships and resident offshore for tax and regulatory purposes. Their legal status places few restrictions on their portfolios and transactions, leaving their managers free to use short sales, derivative securities, and leverage to raise returns and cushion risk. This paper considers the role of hedge funds in financial market dynamics, with particular reference to the Asian crisis.