Hedge Funds and Financial Market Dynamics [electronic resource] / Anne Jansen.
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TextSeries: Occasional Papers; Occasional Paper ; No. 166Publication details: Washington, D.C. : International Monetary Fund, 1998Description: 1 online resource (80 p.)ISBN: 1557757364 :ISSN: 0251-6365Subject(s): Bond | Hedge Fund | Hedge Funds | Hedge | Macro Hedge | Thailand | United StatesAdditional physical formats: Print Version:: Hedge Funds and Financial Market DynamicsOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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.
Description based on print version record.
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