Hedge Funds in Emerging Markets [Hardcover]

This book explains the workings of hedge funds, their role in destabilising international finance and their future.Largely exempt from regulation and shrouded in secrecy, hedge funds are one of the the most controversial institutions in modern finance. De Brouwer here presents a nuanced and balanced view of the subject. Explains the workings of hedge funds using case study material from Hong Kong, Indonesia, Malaysia, Singapore, Australia and New Zealand from 1997 and 1998. Also considers the future of hedge funds, their role for institutional investors, as well as policy proposals to limit their destabilising effects.Largely exempt from regulation and shrouded in secrecy, hedge funds are one of the the most controversial institutions in modern finance. De Brouwer here presents a nuanced and balanced view of the subject. Explains the workings of hedge funds using case study material from Hong Kong, Indonesia, Malaysia, Singapore, Australia and New Zealand from 1997 and 1998. Also considers the future of hedge funds, their role for institutional investors, as well as policy proposals to limit their destabilising effects.Largely exempt from regulation and shrouded in secrecy, hedge funds are one of the most controversial institutions in modern finance. Presenting a balanced view of the subject. De Brouwer explains their workings using case study material from Hong Kong, Indonesia, Malaysia, Singapore, Australia and New Zealand, from 1997 to 1998. He also considers the future of hedge funds, their role for institutional investors, as well as policy proposals to limit their destabilizing effects.List of figures; List of tables; Preface; 1. The issues; 2. What is a hedge fund?; 3. Hedge funds and East Asia; 4. Hong Kong; 5. Indonesia, Malaysia, and Singapore; 6. Australia and New Zealand; 7. Models of market dynamics; 8. Inferring hedge fund positions from returns data; 9. Looking forward; References; Index.Review of the hardback: 'How to escape the maze of internationl£P