HOME > Detail View

Detail View

Hedge funds and financial market dynamics

Hedge funds and financial market dynamics (Loan 4 times)

Material type
단행본
Personal Author
Eichengreen, Barry J. Mathieson, Donald J. Chadha, Bankim.
Corporate Author
International Monetary Fund.
Title Statement
Hedge funds and financial market dynamics / by a staff team led by Barry Eichengreen and Donald Mathieson, with Bankim Chadha ... [et. al.].
Publication, Distribution, etc
Washington, DC :   International Monetary Fund ,   c1998.  
Physical Medium
vii, 75 p. : ill. ; 28 cm.
Series Statement
Occasional paper ,0251-6365 ; 166
ISBN
1557757364
General Note
"May 1998."  
Bibliography, Etc. Note
Includes bibliographical references (p. 71).
Subject Added Entry-Topical Term
Hedge funds. Hedge funds -- Asia.
000 01199camuu2200337 a 4500
001 000045490937
005 20081209153825
008 980709s1998 dcua b 000 0 eng d
010 ▼a 98168741 //r98
020 ▼a 1557757364
035 ▼a (KERIS)REF000004776778
040 ▼a DBI ▼c DBI ▼d DLC ▼d 211009
042 ▼a lccopycat
050 0 4 ▼a HG4530 ▼b .H388 1998
082 0 4 ▼a 332.64/524 ▼2 22
090 ▼a 332.64524 ▼b H4532
245 0 0 ▼a Hedge funds and financial market dynamics / ▼c by a staff team led by Barry Eichengreen and Donald Mathieson, with Bankim Chadha ... [et. al.].
260 ▼a Washington, DC : ▼b International Monetary Fund , ▼c c1998.
300 ▼a vii, 75 p. : ▼b ill. ; ▼c 28 cm.
490 1 ▼a Occasional paper , ▼x 0251-6365 ; ▼v 166
500 ▼a "May 1998."
504 ▼a Includes bibliographical references (p. 71).
650 0 ▼a Hedge funds.
650 0 ▼a Hedge funds ▼z Asia.
700 1 ▼a Eichengreen, Barry J.
700 1 ▼a Mathieson, Donald J.
700 1 ▼a Chadha, Bankim.
710 2 ▼a International Monetary Fund.
830 0 ▼a Occasional paper (International Monetary Fund) ; ▼v no. 166.
945 ▼a KINS

Holdings Information

No. Location Call Number Accession No. Availability Due Date Make a Reservation Service
No. 1 Location Main Library/Western Books/ Call Number 332.64524 H4532 Accession No. 111519019 Availability Available Due Date Make a Reservation Service B M

Contents information

Table of Contents


CONTENTS

Preface = ⅶ

Ⅰ Overview / Barry Eichengreen ; Donald Mathieson = 1

Ⅱ Hedge Funds and Financial Markets : Implications for Policy / Barry Eichengreen ; Donald Mathieson = 2

 Hedge Fund Operations = 2

  Hedge Funds and Market Moves = 2

  Policy Implications and Options = 3

 The Hedge Fund Industry = 4

  Diversity  Within the Hedge Fund Industry = 4

  The Fuzzy Line Between Hedge Funds and Other Institutional Investors = 4

  A Look Back = 5

  Quantitiative Dimensions = 5

  Use of Leverage and Derivatives = 6

  A Look Forward = 8

 Hedge Funds and Market Dynamics = 8

  Investment Strategies = 9

  Herding and Market Dynamics = 10

  Feedback Trading = 11

 Supervision and Regulation = 12

  Investor Protection = 12

  Disclosure of Activities with Implications for Market Integrity = 13

  Systemic Risk Management = 14

 Hedge Funds Recent Crises = 14

  The 1992 ERM Crisis = 15

  Bond Market Turbulence in 1994 = 16

  The 1994 - 95 Mexican Crisis = 16

  Interim Summary = 16

  The 1997 Crisis in Emerging Markets = 16

 An Appraisal = 17

  Implications of the Crisis = 20

  Policy Options = 20

 Appendix. Hedge Funds and Financial Markets : Theoretical Perspectives = 24

 References = 25

Ⅲ The Hedge Fund Industry : Structure, Size, and Performance / Bankim Chadha ; Anne Jansen = 27

 Evolution of Hedge Funds = 27

 Characteristics of the Industry = 28

  The Data = 28

  Investment Styles = 29

  Number, Size, and Location of Funds = 29

  Survival Rate = 33

  Manager Compensation and Incentives for Risk Taking = 34

  Redemption Policies and Implications for Market Dynamics = 34

  Decision-Making Process = 34

  The Investor Base = 34

  Leverage = 34

 Performance : Return, Risk, and Diversification Comparisons = 37

 Macroeconomic Events and the Performance of Macro Hedge Funds = 38

 Conclusions = 39

 References = 41

Ⅳ Hedge Fund Investment Strategies / Laura Kodres = 42

 Strategies Used by Arbitrage-Type Hedge Funds = 43

  Analytics Behind the Strategies = 43

  Strategy Determinants = 46

  Examples of Strategies = 46

 Strategies Used by Macro Funds = 47

  Strategy Determinants = 48

  Examples of Strategies = 49

 Strategies Used by Emerging Market Hedge Funds = 50

  Combination Macro Funds and Arbitrage Funds = 50

  Special Considerations = 50

 Other Types of Hedge Fund Strategies = 51

  Event-Related Funds = 51

  Value Investing = 51

  Short-Selling Funds = 51

  Sector Funds = 52

 Appendix. Characteristics of Hedge Fund Strategies = 52

 References = 54

Ⅴ Effects of Hedge Funds' Strategies on Price Dynamics / Laura Kodres = 55

 Stabilizing Strategies = 55

 Destabilizing Strategies = 55

 Empirical Evidence = 57

 References = 61

Ⅵ Regulation of Hedge Funds / Sunil Sharma = 62

 Regulation of Hedge Funds in the United States = 62

  Investor Protection Rules = 62

  Regulation to Protect Market Integrity = 66

  Reducing Systemic Risk = 67

 Regulation of Hedge Funds in the United Kingdom = 68

 Regulation of Hedge Funds in the European Union = 69

 Views of Regulators = 70

 References = 71

Glossary = 72



New Arrivals Books in Related Fields

한국은행. 금융결제국. 결제연구팀 (2020)