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Hedge Fund Structure, Regulation, and Performance around the World /

"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 pote...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Cumming, Douglas (Autor), Dai, Na (Autor), Johan, Sofia A. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, NY : Oxford University Press, [2013]
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:"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
Descripción Física:1 online resource (xii, 300 pages) : illustrations
Bibliografía:Includes bibliographical references and index.
ISBN:9780199862573
0199862575
0199332762
9780199332762