Hedge fund course phần 10 ppt

... B shares, 64 Classification(s) currency hedge funds, 29–30 equity hedge funds, 23–26 fixed income hedge funds, 26–29 funds of funds, 30 global macro hedge funds, 29 importance of, 19–20 inconsistency ... × (1 + 10% ) 10 = $5,187,485. The after-tax return on the hedge fund is 10% × (100 % – 35%) = 6.5%. The hedge fund outside the insurance policy would ac- cumulate $2 million...

Ngày tải lên: 14/08/2014, 09:21

... emerging markets hedge fund? 2 .10 What is the biggest risk to an investment in a distressed securities hedge fund? 2.11 What kind of fund would call itself a global macro hedge fund? 2.12 What is a fund of funds? You ... the pattern in hedge funds, where an incentive fee is levied on mark-to- market gains in the fund. 1.8 Distinguish a commodity pool or futures fund fr...

Ngày tải lên: 14/08/2014, 09:21

... products. Hirch Re invests in the Hirch funds. Asset Alliance Re invests in Asset Alliance hedge funds. These hedge fund 52 HEDGE FUND COURSE ccc_mccrary_ch03_35-58.qxd 10/ 6/04 1:41 PM Page 52 paid-in ... not qualify to invest in hedge funds. Pension funds have been slow to invest in hedge funds. Lately, their allocation to hedge funds has accelerated. Pension assets alloc...

Ngày tải lên: 14/08/2014, 09:21

... variables declaring, 107 108 explicit conversion, 110 111 implicit conversion, 109 , 111 using, 108 109 tables altering, 101 attributes, 66 creating, 100 101 definition, 52, 57 deleting, 102 deleting ... clause, 83 wildcards, 93 Transact-SQL variables declaring, 107 108 explicit conversion, 110 111 implicit conversion, 109 , 111 using, 108 109 transaction logs backups, 203, 20...

Ngày tải lên: 13/08/2014, 22:21

... www.WileyFinance.com. ffirs.qxd 10/ 8/04 10: 06 AM Page ii CHAPTER 10 Hedge Fund Taxation 157 CHAPTER 11 Risk Management and Hedge Funds 175 CHAPTER 12 Marketing Hedge Funds 193 CHAPTER 13 Derivatives and Hedge Funds 203 CHAPTER ... pools from hedge funds. In fact, any hedge fund that trades futures or commodities only minimally 6 HEDGE FUND COURSE ccc_mccrary_ch01_1...

Ngày tải lên: 14/08/2014, 09:21

... 22 2 σσ Portfolio = == ∑∑ ww i j N i N jij 11 , Hedge Fund Leverage 99 ccc_mccrary_ch06_87 -106 .qxd 10/ 6/04 1:43 PM Page 99 6.19 A hedge fund has $10 million in marginal positions and has loans to- taling $8 million. The fund is subject ... Re- 104 HEDGE FUND COURSE ccc_mccrary_ch06_87 -106 .qxd 10/ 6/04 1:43 PM Page 104 Because futures margin is considerably less than...

Ngày tải lên: 14/08/2014, 09:21

... percent or more of a hedge fund, the hedge fund is deemed to be plan assets and the manager and the fund are controlled by ERISA. Hedge funds monitor the portions of their funds attributable to ... Value Initial Investment Value Initial Investment Value = − 108 HEDGE FUND COURSE ccc_mccrary_ch07 _107 -126.qxd 10/ 7/04 1:35 PM Page 108 Suppose for simplicity that the coupo...

Ngày tải lên: 14/08/2014, 09:21

... assets of the hedge fund? 9.4 A hedge fund buys 10, 000 shares of XYZ common at $10 per share (net of commissions). The fund later buys 15,000 additional shares of XYZ common at $12.50. The fund sells ... future. 140 HEDGE FUND COURSE ccc_mccrary_ch09_135-156.qxd 10/ 6/04 1:44 PM Page 140 futures broker (unless, of course, the broker seizes the positions to satisfy a mar...

Ngày tải lên: 14/08/2014, 09:21

... are individual hedge funds. By accepting investments from a fund of funds man- ager, the hedge fund manager is allowing the fund of funds manager to mar- ket the hedge fund to investors. Of course, the fund ... funds. Sometimes, a fund of funds manager can develop a relationship with a hedge fund that closely links the fund of funds to individual hedge fund. Many...

Ngày tải lên: 14/08/2014, 09:21

... TODAY Nearly all the money invested in the hedge fund industry is invested di- rectly in hedge funds or through funds of hedge funds. The alternative en- tries into hedge funds offer many advantages over ... evidence that returns on young funds exceed the returns on established hedge funds. Some funds of funds invest in young hedge funds as their in- vestment strategy. Hedge...

Ngày tải lên: 14/08/2014, 09:21