Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management

Download Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management PDF Online Free

Author :
Publisher : CreateSpace
ISBN 13 : 9781503375468
Total Pages : 152 pages
Book Rating : 4.3/5 (754 download)

DOWNLOAD NOW!


Book Synopsis Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management by : United States. President's Working Group on Financial Markets

Download or read book Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management written by United States. President's Working Group on Financial Markets and published by CreateSpace. This book was released on 1999 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The President's Working Group on Financial Markets recommends a number of measures designed to constrain excessive leverage in the financial system. The events in global financial markets in the summer and fall of 1998 demonstrated that excessive leverage can greatly magnify the negative effects of any event or series of events on the financial system as a whole. The near collapse of Long-Term Capital Management ("LTCM"), a private sector investment firm, highlighted the possibility that problems at one financial institution could be transmitted to other institutions, and potentially pose risks to the financial system.

Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management - Report of the President's Working Group on Financial Markets

Download Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management - Report of the President's Working Group on Financial Markets PDF Online Free

Author :
Publisher :
ISBN 13 : 9781329628342
Total Pages : 142 pages
Book Rating : 4.6/5 (283 download)

DOWNLOAD NOW!


Book Synopsis Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management - Report of the President's Working Group on Financial Markets by : Department of the Treasury

Download or read book Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management - Report of the President's Working Group on Financial Markets written by Department of the Treasury and published by . This book was released on 2015-10-17 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dear Mr. President - We are pleased to transmit the report of the President's Working Group on Financial Markets on Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management (LTCM). The principal policy issue arising out of the events surrounding the near collapse of LTCM is how to constrain excessive leverage. By increasing the chance that problems at one financial institution could be transmitted to other institutions, excessive leverage can increase the likelihood of a general breakdown in the functioning of financial markets. This issue is not limited to hedge funds; other financial institutions are often larger and more highly leveraged than most hedge funds. In view of our findings, the Working Group recommends a number of measures designed to constrain excessive leverage. These measures are designed to improve transparency in the system, enhance private sector risk management practices, develop more risk-sensitive approaches to capital adequacy, support financial contract...

The President's Working Group Study on Hedge Funds

Download The President's Working Group Study on Hedge Funds PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!


Book Synopsis The President's Working Group Study on Hedge Funds by : United States. Congress. House. Committee on Banking and Financial Services

Download or read book The President's Working Group Study on Hedge Funds written by United States. Congress. House. Committee on Banking and Financial Services and published by . This book was released on 1999 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Hedge Funds and Systemic Risk

Download Hedge Funds and Systemic Risk PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Hedge Funds and Systemic Risk by : United States. Congress. House. Committee on Financial Services

Download or read book Hedge Funds and Systemic Risk written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2007 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Recommendations by the President's Working Group on Financial Markets

Download Recommendations by the President's Working Group on Financial Markets PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 300 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!


Book Synopsis Recommendations by the President's Working Group on Financial Markets by : United States. Congress. House. Committee on Banking and Financial Services

Download or read book Recommendations by the President's Working Group on Financial Markets written by United States. Congress. House. Committee on Banking and Financial Services and published by . This book was released on 2000 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

US Hedge Investment Funds Handbook Volume 1 Strategic Information and Regulations

Download US Hedge Investment Funds Handbook Volume 1 Strategic Information and Regulations PDF Online Free

Author :
Publisher : Lulu.com
ISBN 13 : 1438721900
Total Pages : 296 pages
Book Rating : 4.4/5 (387 download)

DOWNLOAD NOW!


Book Synopsis US Hedge Investment Funds Handbook Volume 1 Strategic Information and Regulations by : IBP USA

Download or read book US Hedge Investment Funds Handbook Volume 1 Strategic Information and Regulations written by IBP USA and published by Lulu.com. This book was released on 2009-03-20 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2011 Updated Reprint. Updated Annually. Hedge Investment Funds Handbook

Risk Takers

Download Risk Takers PDF Online Free

Author :
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 1547400056
Total Pages : 386 pages
Book Rating : 4.5/5 (474 download)

DOWNLOAD NOW!


Book Synopsis Risk Takers by :

Download or read book Risk Takers written by and published by Walter de Gruyter GmbH & Co KG. This book was released on 2018-05-07 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk Takers: Uses and Abuses of Financial Derivatives goes to the heart of the arcane and largely misunderstood world of derivative finance and makes it accessible to everyone—even novice readers. Marthinsen takes us behind the scenes, into the back alleyways of corporate finance and derivative trading, to provide a bird’s-eye view of the most shocking financial disasters of the past quarter century. The book draws on real-life stories to explain how financial derivatives can be used to create or to destroy value. In an approachable, non-technical manner, Marthinsen brings these financial derivatives situations to life, fully exploring the context of each event, evaluating their outcomes, and bridging the gap between theory and practice.

President's Working Group Report of OTC Derivatives--CEA Re-authorization

Download President's Working Group Report of OTC Derivatives--CEA Re-authorization PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!


Book Synopsis President's Working Group Report of OTC Derivatives--CEA Re-authorization by : United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry

Download or read book President's Working Group Report of OTC Derivatives--CEA Re-authorization written by United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry and published by . This book was released on 2001 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Alternative Investment Fund Managers Directive

Download The Alternative Investment Fund Managers Directive PDF Online Free

Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041149953
Total Pages : 948 pages
Book Rating : 4.0/5 (411 download)

DOWNLOAD NOW!


Book Synopsis The Alternative Investment Fund Managers Directive by : Dirk A. Zetzsche

Download or read book The Alternative Investment Fund Managers Directive written by Dirk A. Zetzsche and published by Kluwer Law International B.V.. This book was released on 2015-09-14 with total page 948 pages. Available in PDF, EPUB and Kindle. Book excerpt: Apart from MiFID, the Alternative Investment Fund Managers Directive (AIFMD) may be the most important European asset management regulation of the early twenty-first century. In this in-depth analytical and critical discussion of the content and system of the directive, thirty-eight contributing authors – academics, lawyers, consultants, fund supervisors, and fund industry experts – examine the AIFMD from every angle. They cover structure, regulatory history, scope, appointment and authorization of the manager, the requirements for depositaries and prime brokers, rules on delegation, reporting requirements, transitional provisions, and the objectives stipulated in the recitals and other official documents. The challenging implications and contexts they examine include the following: – connection with systemic risk and the financial crisis; - nexus with insurance for negligent conduct; - connection with corporate governance doctrine; - risk management; - transparency; - the cross-border dimension; - liability for lost assets; - impact on alternative investment strategies, and - the nexus with the European Regulation on Long-Term Investment Funds (ELTIFR). Nine country reports, representing most of Europe’s financial centres and fund markets add a national perspective to the discussion of the European regulation. These chapters deal with the potential interactions among the AIFMD and the relevant laws and regulations of Austria, France, Germany, Italy, Luxembourg, Liechtenstein, The Netherlands, Malta and the United Kingdom. The second edition of the book continues to deliver not only the much-needed discussion of the inconsistencies and difficulties when applying the directive, but also provides guidance and potential solutions to the problems it raises. The second edition considers all new developments in the field of alternative investment funds, their managers, depositaries, and prime brokers, including, but not limited to, statements by the European Securities and Markets Authority (ESMA) and national competent authorities on the interpretation of the AIFMD, as well as new European regulation, in particular the PRIIPS Regulation, the ELTIF Regulation, the Regulation on European Venture Capital Funds (EuVeCaR), the Regulation on European Social Entrepreneurship Funds (EUSEFR), MiFID II, and UCITS V. The book will be warmly welcomed by investors and their counsel, fund managers, depositaries, asset managers, administrators, as well as regulators and academics in the field.

The President's Working Group on Financial Markets Report on Over-the-counter Derivatives Markets and the Commodity Exchange Act

Download The President's Working Group on Financial Markets Report on Over-the-counter Derivatives Markets and the Commodity Exchange Act PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!


Book Synopsis The President's Working Group on Financial Markets Report on Over-the-counter Derivatives Markets and the Commodity Exchange Act by : United States. Congress. House. Committee on Agriculture. Subcommittee on Risk Management, Research, and Specialty Crops

Download or read book The President's Working Group on Financial Markets Report on Over-the-counter Derivatives Markets and the Commodity Exchange Act written by United States. Congress. House. Committee on Agriculture. Subcommittee on Risk Management, Research, and Specialty Crops and published by . This book was released on 2000 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Financial Crisis Inquiry Report, Authorized Edition

Download The Financial Crisis Inquiry Report, Authorized Edition PDF Online Free

Author :
Publisher : PublicAffairs
ISBN 13 : 1610390423
Total Pages : 576 pages
Book Rating : 4.6/5 (13 download)

DOWNLOAD NOW!


Book Synopsis The Financial Crisis Inquiry Report, Authorized Edition by : Financial Crisis Inquiry Commission

Download or read book The Financial Crisis Inquiry Report, Authorized Edition written by Financial Crisis Inquiry Commission and published by PublicAffairs. This book was released on 2011-01-27 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive report on what caused America's economic meltdown and who was responsibleThe financial and economic crisis has touched the lives of millions of Americans who have lost their jobs and their homes, but many have little understanding of how it happened. Now, in this very accessible report, readers can get the facts. Formed in May 2009, the Financial Crisis Inquiry Commission (FCIC) is a panel of 10 commissioners with experience in business, regulations, economics, and housing, chosen by Congress to explain what happened and why it happened. This panel has had subpoena power that enabled them to interview people and examine documents that no reporter had access to. The FCIC has reviewed millions of pages of documents, and interviewed more than 600 leaders, experts, and participants in the financial markets and government regulatory agencies, as well as individuals and businesses affected by the crisis. In the tradition of The 9/11 Commission Report, "The Financial Crisis Inquiry Report" will be a comprehensive book for the lay reader, complete with a glossary, charts, and easy-to-read diagrams, and a timeline that includes important events. It will be read by policy makers, corporate executives, regulators, government agencies, and the American people.

Hedge Funds

Download Hedge Funds PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Hedge Funds by : Iain Cullen

Download or read book Hedge Funds written by Iain Cullen and published by . This book was released on 2001 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the near collapse of Long-Term Capital Management and its repercussions throughout the global financial system, hedge funds have come under intense regulatory scrutiny. This Special Report provides a comprehensive review of the law now applicable to these investment vehicles, examining in particular the conclusions of the Report of the G7 Working Group on Highly Leveraged Institutions, April 2000, chaired by Howard Davies. - An invaluable distillation of all the legal and regulatory issues in a fast-developing area - Includes extensive analysis of supervisory reports produced during 1999 - Written by an expert author team in daily touch with this subject.

Hedge Fund Investing

Download Hedge Fund Investing PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118330692
Total Pages : 314 pages
Book Rating : 4.1/5 (183 download)

DOWNLOAD NOW!


Book Synopsis Hedge Fund Investing by : Kevin R. Mirabile

Download or read book Hedge Fund Investing written by Kevin R. Mirabile and published by John Wiley & Sons. This book was released on 2013-01-07 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most up-to-date look at how to understand, and invest in, hedge funds A new updated set of end of chapter problems and test bank questions is now available for the first edition. This material now includes a selection of supplemental problems and test bank questions specifically related to portfolio financing tools and techniques. Hedge funds are an essential part of the alternative investing arena, and will continue to be so for the foreseeable future. It's important that those investing, or thinking about investing, with hedge funds know exactly what they are about. That's why Kevin Mirabile—a financial professional with over twenty years of business development, regulatory, financing, trading, and sales experience in the hedge fund sector—has created Understanding Hedge Fund Investing. Page-by-page, this reliable resource offers valuable insights into one of the most competitive parts of the investment world. Along the way, you'll become familiar with the evolution of hedge funds and their structure as well as discover what types of individuals and institutions invest using hedge funds. Mirable also takes the time to examine the risks of investing in hedge funds and talks about hedge fund financial statements and taxation. Provides complete coverage of this important investment vehicle, from its different types of investing strategies and styles to what it takes to be a hedge fund manager Multiple-choice questions follow each chapter to assess your comprehension of the topics covered A companion Website contains portfolio models that can be uploaded for use as well as supplementary material that allows you to learn in a hands-on fashion long after closing the book Hedge funds offer investors opportunities that aren't usually found elsewhere. But to benefit from them, you first must understand them. This book has the information you need to succeed at this difficult endeavor.

Hedge Funds and Systemic Risk in the Financial Markets

Download Hedge Funds and Systemic Risk in the Financial Markets PDF Online Free

Author :
Publisher : Government Printing Office
ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!


Book Synopsis Hedge Funds and Systemic Risk in the Financial Markets by : United States. Congress. House. Committee on Financial Services

Download or read book Hedge Funds and Systemic Risk in the Financial Markets written by United States. Congress. House. Committee on Financial Services and published by Government Printing Office. This book was released on 2007 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Foundations of Global Financial Markets and Institutions, fifth edition

Download Foundations of Global Financial Markets and Institutions, fifth edition PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 0262039540
Total Pages : 1105 pages
Book Rating : 4.2/5 (62 download)

DOWNLOAD NOW!


Book Synopsis Foundations of Global Financial Markets and Institutions, fifth edition by : Frank J. Fabozzi

Download or read book Foundations of Global Financial Markets and Institutions, fifth edition written by Frank J. Fabozzi and published by MIT Press. This book was released on 2019-04-30 with total page 1105 pages. Available in PDF, EPUB and Kindle. Book excerpt: A thoroughly revised and updated edition of a textbook for graduate students in finance, with new coverage of global financial institutions. This thoroughly revised and updated edition of a widely used textbook for graduate students in finance now provides expanded coverage of global financial institutions, with detailed comparisons of U.S. systems with non-U.S. systems. A focus on the actual practices of financial institutions prepares students for real-world problems. After an introduction to financial markets and market participants, including asset management firms, credit rating agencies, and investment banking firms, the book covers risks and asset pricing, with a new overview of risk; the structure of interest rates and interest rate and credit risks; the fundamentals of primary and secondary markets; government debt markets, with new material on non-U.S. sovereign debt markets; corporate funding markets, with new coverage of small and medium enterprises and entrepreneurial ventures; residential and commercial real estate markets; collective investment vehicles, in a chapter new to this edition; and financial derivatives, including financial futures and options, interest rate derivatives, foreign exchange derivatives, and credit risk transfer vehicles such as credit default swaps. Each chapter begins with learning objectives and ends with bullet point takeaways and questions.

Fairy Tale Capitalism

Download Fairy Tale Capitalism PDF Online Free

Author :
Publisher : AuthorHouse
ISBN 13 : 1452034060
Total Pages : 274 pages
Book Rating : 4.4/5 (52 download)

DOWNLOAD NOW!


Book Synopsis Fairy Tale Capitalism by : Emily Eisenlohr

Download or read book Fairy Tale Capitalism written by Emily Eisenlohr and published by AuthorHouse. This book was released on 2010 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: "If something goes wrong, it's going to be a big mess!" That 2004 warning came during the SEC's approval of a new regulation intended to help investment banks avoid regulation. Confusing? In 1998 the large hedge fund Long-Term Capital Management was close to collapse. The Federal Reserve deemed it sufficiently large to present systemic risk and organized a "rescue" by a group of its largest banks. No taxpayer money was involved, but the event caught the eye of Congress. Congressmen and government officials vowed that something needed to be done about financial risk and regulation. Then Congress ignored LTCM's lessons. Congress removed the barriers between investment and commercial banking in 1999. The following year Congress passed legislation that ensured that over-the-counter derivatives would not be regulated. Something else was going on. The real history of the systemic bubble began at least ten years ago. The implosion of this bubble is far larger than LTCM with even more complex risks and financial instruments. This meltdown involved huge taxpayer-funded bailouts. The public is paying attention this time, but is Congress really dealing with systemic risk? Many fictions surround the financial meltdown. Which political party is most responsible? Can regulators prevent another crisis? How do credit ratings play a hidden role? Can Congress tame systemic risk without shrinking big banks? In simple terms Emily Eisenlohr guides Main Street down Wall Street, where finance meets politics. She provides both simple explanations for the less financially savvy and simple illustrations to show even the experts how systemic risk remains, making future bailouts a given. She believes you don't need to trade derivatives or have a Ph.D. in economics to understand this little history.

Regulating Hedge Funds in the EU

Download Regulating Hedge Funds in the EU PDF Online Free

Author :
Publisher : Kluwer Law International B.V.
ISBN 13 : 940353513X
Total Pages : 298 pages
Book Rating : 4.4/5 (35 download)

DOWNLOAD NOW!


Book Synopsis Regulating Hedge Funds in the EU by : Alexandros Seretakis

Download or read book Regulating Hedge Funds in the EU written by Alexandros Seretakis and published by Kluwer Law International B.V.. This book was released on 2022-01-13 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hedge funds remain the most controversial vehicles of the alternative investment funds universe. Their opaque nature, alleged role in major crises around the world and perceived lack of investor protection have repeatedly led to calls for greater regulation. Yet despite its tremendous growth, the hedge fund industry is still shrouded in a veil of mystery largely due to the highly complex and dynamic trading strategies employed by hedge funds and the scarcity of information about them. For the first time in one comprehensive volume, this concise but thorough guide explains how hedge funds work, analyses risk, compares the European Union (EU) and United States (US) systems and proposes reforms to the European framework in order to improve its resilience. Focusing on the contribution of the hedge fund industry to systemic risk, the author elucidates the complex world of hedge funds and the legal issues linked to it. The analysis proceeds as follows: introduction to the world of hedge funds – definition, main characteristics, organizational structure, investment strategies, and benefits; deeply informed exploration of the dangers posed by hedge funds; documentation and examination of the major incidents connecting hedge funds and financial crises; rationales for regulation of hedge funds; comparison of relevant legislative developments in the US and EU; and proposals for strengthening the current EU supervisory and regulatory framework. Guiding legislation, such as the EU Alternative Investment Fund Managers Directive and the US Dodd-Frank Act, is analysed, along with topical issues such as hedge fund activism. Because the direction that hedge fund regulation takes in the future has implications for the Eurozone and systemic risk in the wider financial system, this book will be of immeasurable value to professionals in both the legal and business communities. It will be welcomed by corporate lawyers, regulatory authorities, policymakers and academics in both business-related and finance-related disciplines.