The Challenge Of Reigning In Hedge Funds Through Regulation And The Need To Improve Disclosure Requirements PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Challenge Of Reigning In Hedge Funds Through Regulation And The Need To Improve Disclosure Requirements PDF full book. Access full book title The Challenge Of Reigning In Hedge Funds Through Regulation And The Need To Improve Disclosure Requirements.

The Challenge of Reigning-in Hedge Funds Through Regulation and the Need to Improve Disclosure Requirements

The Challenge of Reigning-in Hedge Funds Through Regulation and the Need to Improve Disclosure Requirements
Author: Russell Mutingwende
Publisher: GRIN Verlag
Total Pages: 146
Release: 2008-02
Genre: Business & Economics
ISBN: 3638911470
GET BOOK

Download The Challenge of Reigning-in Hedge Funds Through Regulation and the Need to Improve Disclosure Requirements Book in PDF, ePub and Kindle

Master's Thesis from the year 2005 in the subject Business economics - Investment and Finance, grade: A- (German: Sehr Gut 1,3), Stellenbosch Universitiy, course: Master of Commerce- Business Management, 114 entries in the bibliography, language: English, abstract: This study aims to look at the definition of the group of alternative investments commonly known as 'hedge funds', in order to better understand why regulatory bodies the world over are vehemently working on introducing new legislation and guidelines as a means of maintaining market security and integrity in order to ensure adequate investor protection. This study posits that the two most viable options available to regulatory bodies to ensure effective implementation of these changes are (i) to either further restrict access to hedge funds and thereby curb their 'retailization' and/or (ii) to introduce rigorous levels of disclosure on the part of hedge funds and their intermediaries. It is the objective of this study to establish that for either of these options to be attained, tangible improvement in both the quantity and quality of information disclosure from hedge funds and their intermediaries about their positions, strategies and exposures in a manner that would enable them to continue to provide the market efficiency-enhancing services that they currently offer. After introducing all the key issues that have motivated this resolve, the study looks at the current regulatory environment and the challenges facing regulators such as the varying degrees of banking freedom offered by different states and jurisdictions. Proposed changes to current legislation are also considered across several jurisdictions. The results from the local market field study set the platform for recommendations to be investigated in future studies in order to provide guidelines for the supervision of the hedge fund industry.

The Challenge of Reigning-in Hedge Funds through Regulation and the Need to Improve Disclosure Requirements

The Challenge of Reigning-in Hedge Funds through Regulation and the Need to Improve Disclosure Requirements
Author: Russell Mutingwende
Publisher: GRIN Verlag
Total Pages: 140
Release: 2008-02-05
Genre: Business & Economics
ISBN: 3638003892
GET BOOK

Download The Challenge of Reigning-in Hedge Funds through Regulation and the Need to Improve Disclosure Requirements Book in PDF, ePub and Kindle

Master's Thesis from the year 2005 in the subject Business economics - Investment and Finance, grade: A- (German: Sehr Gut 1,3), Stellenbosch Universitiy, course: Master of Commerce- Business Management, language: English, abstract: This study aims to look at the definition of the group of alternative investments commonly known as ‘hedge funds’, in order to better understand why regulatory bodies the world over are vehemently working on introducing new legislation and guidelines as a means of maintaining market security and integrity in order to ensure adequate investor protection. This study posits that the two most viable options available to regulatory bodies to ensure effective implementation of these changes are (i) to either further restrict access to hedge funds and thereby curb their ‘retailization’ and/or (ii) to introduce rigorous levels of disclosure on the part of hedge funds and their intermediaries. It is the objective of this study to establish that for either of these options to be attained, tangible improvement in both the quantity and quality of information disclosure from hedge funds and their intermediaries about their positions, strategies and exposures in a manner that would enable them to continue to provide the market efficiency-enhancing services that they currently offer. After introducing all the key issues that have motivated this resolve, the study looks at the current regulatory environment and the challenges facing regulators such as the varying degrees of banking freedom offered by different states and jurisdictions. Proposed changes to current legislation are also considered across several jurisdictions. The results from the local market field study set the platform for recommendations to be investigated in future studies in order to provide guidelines for the supervision of the hedge fund industry.

Hedge Funds

Hedge Funds
Author: Russell Mutingwende
Publisher: GRIN Verlag
Total Pages: 70
Release: 2008-02
Genre: Business & Economics
ISBN: 3638911497
GET BOOK

Download Hedge Funds Book in PDF, ePub and Kindle

Master's Thesis from the year 2006 in the subject Business economics - Law, grade: A- (German: Sehr Gut 1,5), University of Frankfurt (Main) (The Institute for Law and Finance), course: LL.M. (Finance), 0 entries in the bibliography, language: English, abstract: This paper investigates 'activist investing' as adopted by some institutional investors and hedge funds, and explores the resulting impact on the decision-making and corporate governance processes of the companies in which they invest. Firstly, it suggests that although activist investing has become something of a fad and its benefit to firm performance is still disputed, investors' attitudes have changed and acceptance of the strategy is growing. Secondly, it posits that hedge funds, in keeping with their respective financial size and available resources will continue to apply this strategy with three key objectives in mind, namely: (i) To unlock value for short-term profit gains; (ii) To support a quasi-long-only medium-term (circa. 7 years) investment diversification strategy; (iii) To acquire businesses for the building of conglomerate industrial groups of companies, i.e. forging "King Cong" funds. For a more thorough introduction to hedge funds in general, readers are invited to read my earlier study titled: "The Challenge of reigning-in Hedge Funds through Regulation and the Need to improve Disclosure Requirements". the latter looks at: 1. Lack of transparency as a key feature of hedge fund investment 2. Benchmarking and Performance Measurement error 3. Risk management challenge presented by investing in hedge funds 4. Management Fees and their relation to performance and risk 5. Index funds & Fund of funds and their diversification advantages over hedge funds and other key topics

Hedge Funds: The Protean Survivalists

Hedge Funds: The Protean Survivalists
Author: Russell Mutingwende
Publisher: GRIN Verlag
Total Pages: 62
Release: 2008-02-05
Genre: Business & Economics
ISBN: 3638003914
GET BOOK

Download Hedge Funds: The Protean Survivalists Book in PDF, ePub and Kindle

Master's Thesis from the year 2006 in the subject Business economics - Law, grade: A- (German: Sehr Gut 1,5), University of Frankfurt (Main) (The Institute for Law and Finance), course: LL.M. (Finance), language: English, abstract: This paper investigates ‘activist investing’ as adopted by some institutional investors and hedge funds, and explores the resulting impact on the decision-making and corporate governance processes of the companies in which they invest. Firstly, it suggests that although activist investing has become something of a fad and its benefit to firm performance is still disputed, investors’ attitudes have changed and acceptance of the strategy is growing. Secondly, it posits that hedge funds, in keeping with their respective financial size and available resources will continue to apply this strategy with three key objectives in mind, namely: (i) To unlock value for short-term profit gains; (ii) To support a quasi-long-only medium-term (circa. 7 years) investment diversification strategy; (iii) To acquire businesses for the building of conglomerate industrial groups of companies, i.e. forging “King Cong” funds. For a more thorough introduction to hedge funds in general, readers are invited to read my earlier study titled:"The Challenge of reigning-in Hedge Funds through Regulation and the Need to improve Disclosure Requirements". the latter looks at: 1. Lack of transparency as a key feature of hedge fund investment 2. Benchmarking and Performance Measurement error 3. Risk management challenge presented by investing in hedge funds 4. Management Fees and their relation to performance and risk 5. Index funds & Fund of funds and their diversification advantages over hedge funds and other key topics

U.S. Regulation of Hedge Funds

U.S. Regulation of Hedge Funds
Author: Douglas L. Hammer
Publisher: American Bar Association
Total Pages: 398
Release: 2005
Genre: Business & Economics
ISBN: 9781590312971
GET BOOK

Download U.S. Regulation of Hedge Funds Book in PDF, ePub and Kindle

This authoritative resource surveys federal securities laws and rules applicable to the organization, capitalization and operations of private U.S. domestic investment partnerships that invest and trade mainly in the public securities markets. Includes a detailed index.

Hedge Funds

Hedge Funds
Author: Theodor Baums
Publisher: Walter de Gruyter
Total Pages: 178
Release: 2004
Genre: Business & Economics
ISBN: 9783899491494
GET BOOK

Download Hedge Funds Book in PDF, ePub and Kindle

The number of hedge funds and the assets they have under management has increased in recent years. This increase became significantly more pronounced after the market downturn in 2001. Hedge funds can help investors to benefit from volatile and even sinking stock markets. However, despite the prominent use of the word "hedge" in their name, such funds rarely offer a safe hedge against risk, given that they depend heavily on skill-based investment techniques and often invest in highly speculative financial instruments. Nevertheless, such funds received no specific treatment in the legislation of such major markets as Germany and the United States for years. Against the backdrop of international regulatory concern for hedge funds, the Institute for Law and Finance (ILF), in cooperation with Deutsches Aktieninstitut e.V. (DAI), brought together leading scholars, lawyers and bankers, to assess the risks, opportunities and regulatory challenges that hedge funds present. At the time of the conference, German lawmakers were still discussing the need and possible content of a new law. The fruit of their discussions was the German Investment-Modernization Act (Investmentmodernisierungsgesetz), which entered into force on January 1, 2004, and increased the attractiveness of offering hedge fund products in the German market. This inaugural volume of the Institute for Law and Finance Series contains the proceedings of the ILF/DAI May 2003 conference entitled "Hedge Funds: Risks and Regulation", and presents papers discussing the economic characteristics of and regulatory strategies for addressing hedge funds. The first two papers examine hedge funds from an economic perspective. Alexander M. Ineichen, Managing Director and Global Head of AIS Research at UBS, reveals the economic reality of hedge funds from the myths that has surrounded them. Then Franklin R. Edwards, Professor and Director of the Center for the Study of Futures Markets of the Columbia Business School in New York explains how the regulation of hedge funds should be tailored to their core economic reality and the goals of financial stability and investor protection. Next, Marcia L. MacHarg, a partner of Debevoise & Plimpton LLP, Ashley Kovas, a Manager in the Business Standards Department of the Financial Services Authority, London, and Edgar Wallach, a partner of Hengeler Mueller, present the state of the relevant regulatory structures in the United States, the United Kingdom, and Germany, respectively. The book then closes with an analysis of corporate structures used for German hedge funds, offered by Kai-Uwe Steck, a member of the German Asset Management practice group of Shearman & Sterling LLP.

Top Hedge Fund Investors

Top Hedge Fund Investors
Author: Cathleen M. Rittereiser
Publisher: John Wiley & Sons
Total Pages: 245
Release: 2017-10-09
Genre: Business & Economics
ISBN: 0470501294
GET BOOK

Download Top Hedge Fund Investors Book in PDF, ePub and Kindle

A professional's guide to the world of hedge fund investing Throughout the financial crisis of 2008, many hedge funds suffered massive losses and were often blamed for the extreme market upheavals. In the wake f the crisis, hedge funds remain a source of fascination for the media, legislators, and investors, mostly due to misunderstanding. Historically portrayed as risky investment funds for the very wealthy run by swashbuckling traders, the truth is hedge funds are simply an investment vehicle designed to generate superior returns and reduce an investor's overall portfolio risk. Investors have good reasons to remain fascinated with hedge funds. Although many individual funds have underperformed or collapsed, hedge funds as a whole have provided solid returns while reducing risks. Savvy institutions have invested in hedge funds for many years and have made them a large and powerful force in the markets. Investing in hedge funds requires sophisticated knowledge, understanding, skill, access, and experience. Individuals and institutions, whether they are new to hedge funds or need to improve, can find those attributes in the stories of the successful hedge fund investors profiled in Hedge Fund Investors. Hedge Fund Investors chronicles the challenges and rewards these investors face, in selecting hedge fund managers, managing risks, and constructing portfolios. In revealing conversations, leading hedge fund investors who place hundreds of billions of dollars in hedge funds, share their philosophies, strategies, and advice. Profiles a variety of different investors from the pioneers in hedge fund investing to managers for high net-worth individuals and fund of funds investors Discusses winners and losers in the recent market decline, problematic hedge fund strategies, and how these current events will change future strategies Provides lessons, insights, and advice beneficial to all hedge fund investors Engaging and informative, Hedge Fund Investors will prove valuable to anyone involved in placing money with hedge funds, as well as hedge funds who seek to better understand their clients.

Hedge Funds: Overview of Regulatory Oversight, Counterparty Risks, and Investment Challenges

Hedge Funds: Overview of Regulatory Oversight, Counterparty Risks, and Investment Challenges
Author: Orice M. Williams
Publisher: DIANE Publishing
Total Pages: 18
Release: 2009-12
Genre: Business & Economics
ISBN: 1437916341
GET BOOK

Download Hedge Funds: Overview of Regulatory Oversight, Counterparty Risks, and Investment Challenges Book in PDF, ePub and Kindle

In 2008, two reports were issued on hedge funds (HF) -- pooled invest. vehicles that are privately managed and often engage in active trading of various types of securities and commodity futures and options contracts -- highlighting the need for continued regulatory attention and for guidance to better inform pension plans on the risks and challenges of HF invest. For the first time, HF are allowed to borrow from the Fed. Reserve. This testimony discusses: (1) fed. regulators' oversight of HF-related activities; (2) potential benefits, risks, and challenges pension plans face in invest. in HF; (3) the measures investors, creditors, and counterparties have taken to impose market discipline on HF; and (4) the potential for systemic risk from HF-related activities.

Hedge Fund Structure, Regulation, and Performance around the World

Hedge Fund Structure, Regulation, and Performance around the World
Author: Douglas Cumming
Publisher: Oxford University Press
Total Pages: 484
Release: 2013-01-25
Genre: Business & Economics
ISBN: 0199339848
GET BOOK

Download Hedge Fund Structure, Regulation, and Performance around the World Book in PDF, ePub and Kindle

This book uses data from a multitude of countries to explain how and why hedge fund markets differ around the world. The authors consider international differences in hedge fund regulation which 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.

The Challenge of Hedge Fund Regulation

The Challenge of Hedge Fund Regulation
Author: Houman B. Shadab
Publisher:
Total Pages: 6
Release: 2008
Genre:
ISBN:
GET BOOK

Download The Challenge of Hedge Fund Regulation Book in PDF, ePub and Kindle

Currently en vogue concerns about hedge funds are not nearly as substantial as is often claimed. Moreover, the funds themselves are reducing their risks to investors and the broader markets, in accordance with investor demands. As hedge funds benefit the broader market by mitigating price downturns, bearing risks that others will not, making securities more liquid, and ferreting out inefficiencies, policymakers should consider whether stricter regulation of hedge funds could do more harm than good.