Hedge Funds and Financial Market Dynamics /

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 l...

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Bibliographic Details
Main Author: Jansen, Anne
Other Authors: Eichengreen, Barry, Kodres, Laura, Mathieson, Donald
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1998.
Series:Occasional Papers; Occasional Paper ; No. 1998/009
Online Access:Full text available on IMF
Description
Summary: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.
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Physical Description:1 online resource (80 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students