Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Hedge Funds as Long-term Investments
Języki publikacji
Abstrakty
Porównano fundusze hedgingowe i fundusze inwestycyjne. Przedstawiono strategie zarządzania funduszami hedgingowymi. Zamieszczono również charakterystykę i wyniki finansowe największych funduszy na świecie.
The author analyzes the profitability of hedge funds investments between 1994 and 2005 and presents various investment styles used by these institutions. It is emphasized that although hedge funds generate negative long-term rates of return very rarely, they do not have to be always higher than those of stock indexes, because the overall effect depends both on the economic situation on the financial market and the right choice of a hedge fund, as their investment styles are totally different. (original abstract)
Rocznik
Strony
312--319
Opis fizyczny
Twórcy
Bibliografia
- Ackermann C., McEnally R., Ravenscraft D., The Performance of Hedge Funds: Risk, Return, and Incentives, "Journal of Finance" 54, czerwiec 1999, no.3.
- Bazy danych Credit Suisse (www.hedgeindex.com), 2006.
- Bazy danych Lipper HedgeWorld (www.hedgeworld.com), 2006.
- Gregoriou G.N., Rouah F., Large versus Small Hedge Funds: Does Size Effect Performance?, "Journal of Alternative Investments", zima 2002.
- Liang B., Why Hedge Funds Make Sense?, Morgan Stanley Dean Witter, listopad 2000.
- Nelken I. (red.), Handbook of Hybrid Instruments, John Wiley&Sons, Chichester-New York-Weinheim-Brisbane-Singapore-Toronto2000.
- Sharpe W.F., Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk, "Journal of Finance" 19, wrzesień 1964, no. 3.
- www.hedgeworld.com .
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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