Hedge Funds, Financial Intermediation, and Systemic Risk

Hedge Funds, Financial Intermediation, and Systemic Risk PDF Author: John Kambhu
Publisher: DIANE Publishing
ISBN: 1428988769
Category : Business & Economics
Languages : en
Pages : 214

Get Book

Book Description
Hedge funds have become important players in the U.S. & global capital markets. These largely unregulated funds use: a variety of complex trading strategies & instruments, in their liberal use of leverage, in their opacity to outsiders, & in their convex compensation structure. These differences can exacerbate market failures associated with agency problems, externalities, & moral hazard. Counterparty credit risk mgmt. (CCRM) practices are the first line of defense against market disruptions with potential systemic consequences. This article examines how the unique nature of hedge funds may generate market failures that make CCRM for exposures to the funds intrinsically more difficult to manage, both for regulated institutions & for policymakers. Ill.

Hedge Funds, Financial Intermediation, and Systemic Risk

Hedge Funds, Financial Intermediation, and Systemic Risk PDF Author: John Kambhu
Publisher: DIANE Publishing
ISBN: 1428988769
Category : Business & Economics
Languages : en
Pages : 214

Get Book

Book Description
Hedge funds have become important players in the U.S. & global capital markets. These largely unregulated funds use: a variety of complex trading strategies & instruments, in their liberal use of leverage, in their opacity to outsiders, & in their convex compensation structure. These differences can exacerbate market failures associated with agency problems, externalities, & moral hazard. Counterparty credit risk mgmt. (CCRM) practices are the first line of defense against market disruptions with potential systemic consequences. This article examines how the unique nature of hedge funds may generate market failures that make CCRM for exposures to the funds intrinsically more difficult to manage, both for regulated institutions & for policymakers. Ill.

Hedge Funds, Financial Intermediation, and Systemic Risk

Hedge Funds, Financial Intermediation, and Systemic Risk PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book

Book Description


Hedge Funds, Systemic Risk, and Dodd-Frank

Hedge Funds, Systemic Risk, and Dodd-Frank PDF Author: Lloyd S. Dixon
Publisher: Rand Corporation
ISBN: 0833080857
Category : Hedge funds
Languages : en
Pages : 23

Get Book

Book Description
These proceedings summarize the key themes and issues raised during a September 2012 RAND symposium. Discussion focused on how hedge funds might contribute to systemic risk and the extent to which recent financial reforms address these risks.

Hedge Funds and Systemic Risk in the Financial Markets

Hedge Funds and Systemic Risk in the Financial Markets PDF Author: United States. Congress. House. Committee on Financial Services
Publisher: Government Printing Office
ISBN:
Category : Electronic government information
Languages : en
Pages : 236

Get Book

Book Description


Hedge Funds and Systemic Risk

Hedge Funds and Systemic Risk PDF Author: United States. Congress. House. Committee on Financial Services
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 100

Get Book

Book Description


Hedge Funds and Systemic Risk

Hedge Funds and Systemic Risk PDF Author: Lloyd Dixon
Publisher: RAND Corporation
ISBN: 9780833076847
Category : Business & Economics
Languages : en
Pages : 0

Get Book

Book Description
This report explores the extent to which hedge funds create or contribute to systemic risk, the role they played in the financial crisis, and whether and how the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 addresses the potential systemic risks posed by hedge funds.

The President's Working Group Study on Hedge Funds

The President's Working Group Study on Hedge Funds PDF Author: United States. Congress. House. Committee on Banking and Financial Services
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 132

Get Book

Book Description


Hedge Funds and Systemic Risk in the Financial Markets

Hedge Funds and Systemic Risk in the Financial Markets PDF Author: United States House of Representatives
Publisher:
ISBN: 9781658772198
Category :
Languages : en
Pages : 142

Get Book

Book Description
Hedge funds and systemic risk in the financial markets: hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, first session, March 13, 2007.

The Operations of Hedge Funds and Their Role in the Financial System

The Operations of Hedge Funds and Their Role in the Financial System PDF Author: United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 164

Get Book

Book Description


Hedge Funds

Hedge Funds PDF Author: H. Kent Baker
Publisher: Oxford University Press
ISBN: 0190607386
Category : Business & Economics
Languages : en
Pages : 704

Get Book

Book Description
Hedge Funds: Structure, Strategies, and Performance provides a synthesis of the theoretical and empirical literature on this intriguing, complex, and frequently misunderstood topic. The book dispels some common misconceptions of hedge funds, showing that they are not a monolithic asset class but pursue highly diverse strategies. Furthermore, not all hedge funds are unusually risky, excessively leveraged, invest only in illiquid asses, attempt to profit from short-term market movements, or only benefit hedge fund managers due to their high fees. Among the core issues addressed are how hedge funds are structured and how they work, hedge fund strategies, leading issues in this investment, and the latest trends and developments. The authors examine hedge funds from a range of perspectives, and from the theoretical to the practical. The book explores the background, organization, and economics of hedge funds, as well as their structure. A key part is the diverse investment strategies hedge funds follow, for example some are activists, others focusing on relative value, and all have views on managing risk. The book examines various ways to evaluate hedge fund performance, and enhances understanding of their regulatory environment. The extensive and engaging examination of these issues help the reader understands the important issues and trends facing hedge funds, as well as their future prospects.