Hidden Bibliographic Details
Other authors / contributors: | Mathieson, Donald J.
International Monetary Fund.
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ISBN: | 9781455297009 1455297003 146390875X 9781463908751 146396451X 9781463964511 1557758492 9781557758491
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Notes: | "This Economic Issue draws on material originally contained in IMF occasional paper 166, Hedge Funds and Financial Market Dynamics ... and 'The Near Collapse and Rescue of Long-Term Capital Management' in Chapter 3 of World Economic Outlook and International Capital Markets: Interim Assessment, December 1998"--Page iii "September 1999"--Title page verso Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 Available also in French. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Each episode of volatility in financial markets heightens the attention of government officials and others to the role played by the hedge fund industry in financial market dynamics. Hedge funds were implicated in the 1992 crises that led to major exchange rate realignments in the European Monetary System, and again in 1994 after a period of turbulence in international bond markets. Concerns mounted in 1997 in the wake of the financial upheavals in Asia. and they were amplified in 1998, with allegations of large hedge fund transactions in various Asian currency markets and with the near collapse of a major hedge fund, Long-Term Capital Management (LTCM). This paper discusses the size, number, and investment styles of hedge funds, and their interactions with global financial markets. It reviews the present state of their supervision and regulation, and assesses various suggestions for regulating them more closely, often as part of new regulatory approaches to the larger financial markets of which hedge funds are but a small part.
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Other form: | Print version: Eichengreen, Barry J. Hedge funds. Washington, D.C. : International Monetary Fund, ©1999 1557758492
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Standard no.: | 10.5089/9781455297009.051
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