Hedge funds : what do we really know? /

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Bibliographic Details
Author / Creator:Eichengreen, Barry J.
Imprint:Washington, D.C. : International Monetary Fund, ©1999.
Description:1 online resource (iii, 22 pages) : portraits
Language:English
Series:Economic issues, 1020-5098 ; 19
Economic issues (International Monetary Fund) ; 19.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11131821
Hidden Bibliographic Details
Other authors / contributors:Mathieson, Donald J.
International Monetary Fund.
ISBN:9781455297009
1455297003
146390875X
9781463908751
146396451X
9781463964511
1557758492
9781557758491
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.
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.
Other form:Print version: Eichengreen, Barry J. Hedge funds. Washington, D.C. : International Monetary Fund, ©1999 1557758492
Standard no.:10.5089/9781455297009.051