Hedge Fund Structure, Regulation, and Performance around the World /
Cumming, Douglas,
Hedge Fund Structure, Regulation, and Performance around the World / Douglas Cumming, Na Dai, Sofia A. Johan. - New York, NY : Oxford University Press, [2013] - 1 online resource (xii, 300 pages) : illustrations
Includes bibliographical references and index.
Preface -- Introduction to hedge funds -- Agency problems in delegated portfolio management -- International perspectives on hedge fund regulation -- Overview of empirical finance methods to study hedge funds -- Hedge fund forum shopping -- Hedge fund capital raising -- Hedge fund performance and compensation -- Hedge fund misreporting -- Hedge fund performance persistence -- Hedge fund liquidation and influence on the general market -- Conclusions, unanswered questions and the future of the hedge fund industry.
"Hedge funds and their managers have been vilified in recent times for their high-risk activities and relative lack of regulatory oversight. A recurrent concern shared by market participants and regulators around the world is that the increasing size of the hedge fund industry coupled with potential agency problems, activist investment practices, and herding behavior may exacerbate financial instability. However, while it is frequently suggested that hedge funds are unregulated, they are in fact regulated to some degree in every country around the world. It is important to consider differences in legal and institutional settings across countries as they directly affect the structure, governance, and performance of hedge funds. In this book, the authors consider data from a multitude of countries to understand how and why hedge fund markets differ around the world. While hedge funds are hardly regulated in the US, other jurisdictions implement different and sometimes more onerous sets of regulatory requirements, which cann include, but are not limited to, minimum capitalization requirements, restrictions on the location of key service providers, and different permissible distribution channels via private placements, banks, other regulated or non-regulated financial intermediaries, wrappers, investment managers, and fund distribution companies."--Publisher's website
9780199862573 (electronic bk.) 0199862575 (electronic bk.) 0199332762 (electronic bk.) 9780199332762 (electronic bk.)
Hedge funds.
Fonds spéculatifs.
BUSINESS & ECONOMICS--Investments & Securities--Futures.
Hedge funds.
Electronic books.
Electronic books.
HG4530 / .C8296 2013eb
332.64/524
Hedge Fund Structure, Regulation, and Performance around the World / Douglas Cumming, Na Dai, Sofia A. Johan. - New York, NY : Oxford University Press, [2013] - 1 online resource (xii, 300 pages) : illustrations
Includes bibliographical references and index.
Preface -- Introduction to hedge funds -- Agency problems in delegated portfolio management -- International perspectives on hedge fund regulation -- Overview of empirical finance methods to study hedge funds -- Hedge fund forum shopping -- Hedge fund capital raising -- Hedge fund performance and compensation -- Hedge fund misreporting -- Hedge fund performance persistence -- Hedge fund liquidation and influence on the general market -- Conclusions, unanswered questions and the future of the hedge fund industry.
"Hedge funds and their managers have been vilified in recent times for their high-risk activities and relative lack of regulatory oversight. A recurrent concern shared by market participants and regulators around the world is that the increasing size of the hedge fund industry coupled with potential agency problems, activist investment practices, and herding behavior may exacerbate financial instability. However, while it is frequently suggested that hedge funds are unregulated, they are in fact regulated to some degree in every country around the world. It is important to consider differences in legal and institutional settings across countries as they directly affect the structure, governance, and performance of hedge funds. In this book, the authors consider data from a multitude of countries to understand how and why hedge fund markets differ around the world. While hedge funds are hardly regulated in the US, other jurisdictions implement different and sometimes more onerous sets of regulatory requirements, which cann include, but are not limited to, minimum capitalization requirements, restrictions on the location of key service providers, and different permissible distribution channels via private placements, banks, other regulated or non-regulated financial intermediaries, wrappers, investment managers, and fund distribution companies."--Publisher's website
9780199862573 (electronic bk.) 0199862575 (electronic bk.) 0199332762 (electronic bk.) 9780199332762 (electronic bk.)
Hedge funds.
Fonds spéculatifs.
BUSINESS & ECONOMICS--Investments & Securities--Futures.
Hedge funds.
Electronic books.
Electronic books.
HG4530 / .C8296 2013eb
332.64/524