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The truth about hedge funds

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Author Info
William P. Osterberg
James B. Thomson

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Abstract

Do hedge funds help or hurt the financial markets in which they operate? The highly publicized troubles of Long Term Capital Management have once again focused the attention of policymakers and the press on the hedge fund industry and the cry for its regulation. This Economic Commentary refutes some of the commonly held myths about hedge funds and examines the rationale for regulating them.

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File URL: http://www.clevelandfed.org/Research/commentary/1999/0501.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Cleveland in its journal Economic Commentary.

Volume (Year): (1999)
Issue (Month): May 1 ()
Pages:
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Handle: RePEc:fip:fedcec:y:1999:i:may1

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Postal: 1455 East 6th St., Cleveland OH 44114
Phone: 216.579.2000
Web page: http://www.clevelandfed.org/
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Related research
Keywords: Hedge funds ; Investments;

Cited by:
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  1. Arjen Siegmann & André Lucas, 2002. "Explaining Hedge Fund Investment Styles by Loss Aversion," Tinbergen Institute Discussion Papers 02-046/2, Tinbergen Institute. [Downloadable!]
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This page was last updated on 2009-10-20.


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