Hedge Funds
by Wiley
Sold out
Original price
$103.00
-
Original price
$103.00
Original price
$103.00
$103.00
-
$103.00
Current price
$103.00
Description
Like the courtesans of a bygone age, hedge funds cater to the wealthy and project an aura of mystery and excitement. But as the Long Term Capital Management debacle showed, their activities affect us all.
Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments.
This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.Dieses Buch setzt sich ausführlich mit der Problematik von Hedge Funds auseinander. Als fester Bestandteil der Finanzmärkte werden sie in den kommenden fünf Jahren verstärkt an Bedeutung gewinnen. Autor Paul Temple, ein angesehener und erfahrener Experte auf diesem Gebiet, untersucht den wachsenden Einfluß von Hedge Funds auf Märkte und Wirtschaft und liefert eine kritische Betrachtung ihrer Funktionsweise, Erfolge und Mißerfolge. In Interviews mit Fondsmanagern, Consultants, Kontrollinstanzen und Zentralbanken nimmt er bekannte Hedge Funds von Finanzgurus wie z.B. George Soros, Michael Steinhardt und Paul Tudor Jones genauestens unter die Lupe. Acknowledgements.
Courtesans of Capitalism.
Masters of the Universe.
Speculators and Hedgers.
Rogues, Philosophers and Philanthropists.
The Archimedes of Greenwich.
Toxic Waste and Vultures.
Highwaymen of the Global Economy.
The Hedge Fund in Your Bank.
Finance's Four-Letter Word.
Dance of the Seven Veils.
Attaining Respectability.
Taming Archimedes.
Bibliography.
Index.
He writes widely on financial topics, mainly for a private investor readership. His articles are published in the Financial Times, the Investors Chronicle, Shares magazine, International Fund Investment, and a variety of other publications and websites.
His previous books cover topics like online investing, investing for beginners, venture capital, and trading options.
Peter and Lynn Temple live in the London suburbs in Woodford Green, but travel widely. They have two grown-up children, both professional musicians. This book is about hedge funds, their influence on the global financial markets and how they affect us all. Hedge funds have come a long way since Alfred Winslow Jones first used them in the 1950s and '60s to reduce risk. Hedge funds today can wield immense power capable of disrupting the financial markets.
More alarming still is the hedge fund in your bank, epitomised by so-called 'proprietary trading'. Banks trade with, lend to, and mimic hedge funds in their own trading - generating fat bonuses for their managers. Customers rarely know, let alone are consulted about it. As with many other 'enthusiasms' to which banks have been prone, it may end in tears.
The book's controversial conclusion is that it is banks' exposure to hedge funds and their sometimes inept proprietary trading that needs to be regulated more closely. It is in the urgent interests of the global banking system as a whole, and concerns all of us. Like the courtesans of a bygone age, hedge funds cater to the wealthy and project an aura of mystery and excitement. But as the Long Term Capital Management debacle showed, their activities affect us all.
Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments.
This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.
Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments.
This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.Dieses Buch setzt sich ausführlich mit der Problematik von Hedge Funds auseinander. Als fester Bestandteil der Finanzmärkte werden sie in den kommenden fünf Jahren verstärkt an Bedeutung gewinnen. Autor Paul Temple, ein angesehener und erfahrener Experte auf diesem Gebiet, untersucht den wachsenden Einfluß von Hedge Funds auf Märkte und Wirtschaft und liefert eine kritische Betrachtung ihrer Funktionsweise, Erfolge und Mißerfolge. In Interviews mit Fondsmanagern, Consultants, Kontrollinstanzen und Zentralbanken nimmt er bekannte Hedge Funds von Finanzgurus wie z.B. George Soros, Michael Steinhardt und Paul Tudor Jones genauestens unter die Lupe. Acknowledgements.
Courtesans of Capitalism.
Masters of the Universe.
Speculators and Hedgers.
Rogues, Philosophers and Philanthropists.
The Archimedes of Greenwich.
Toxic Waste and Vultures.
Highwaymen of the Global Economy.
The Hedge Fund in Your Bank.
Finance's Four-Letter Word.
Dance of the Seven Veils.
Attaining Respectability.
Taming Archimedes.
Bibliography.
Index.
"... a wonderful book." (Personal Finance, September 2001)
"Peter Temple's book is a good starting point. Read it before you open that next tempting new prospectus from the glitzy investment bank." (The Independent, 2nd May 2001)
"... the book is an excellent primer for students of finance and would-be masters of the universe." (Sunday Times, 1st April 2001)
"... a good introduction to the world of alternative investments." (Portfolio International, April 2001)
PETER TEMPLE worked as an investment analyst in fund management and broking for 18 years, before turning full time to writing in 1988.He writes widely on financial topics, mainly for a private investor readership. His articles are published in the Financial Times, the Investors Chronicle, Shares magazine, International Fund Investment, and a variety of other publications and websites.
His previous books cover topics like online investing, investing for beginners, venture capital, and trading options.
Peter and Lynn Temple live in the London suburbs in Woodford Green, but travel widely. They have two grown-up children, both professional musicians. This book is about hedge funds, their influence on the global financial markets and how they affect us all. Hedge funds have come a long way since Alfred Winslow Jones first used them in the 1950s and '60s to reduce risk. Hedge funds today can wield immense power capable of disrupting the financial markets.
More alarming still is the hedge fund in your bank, epitomised by so-called 'proprietary trading'. Banks trade with, lend to, and mimic hedge funds in their own trading - generating fat bonuses for their managers. Customers rarely know, let alone are consulted about it. As with many other 'enthusiasms' to which banks have been prone, it may end in tears.
The book's controversial conclusion is that it is banks' exposure to hedge funds and their sometimes inept proprietary trading that needs to be regulated more closely. It is in the urgent interests of the global banking system as a whole, and concerns all of us. Like the courtesans of a bygone age, hedge funds cater to the wealthy and project an aura of mystery and excitement. But as the Long Term Capital Management debacle showed, their activities affect us all.
Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments.
This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.
PUBLISHER:
Wiley
ISBN-13:
9780471899730
BINDING:
Hardback
BISAC:
BUSINESS & ECONOMICS
BOOK DIMENSIONS:
Dimensions: 159.00(W) x Dimensions: 238.50(H) x Dimensions: 22.30(D)
AUDIENCE TYPE:
General/Adult
LANGUAGE:
English