Hedge funds in emerging markets:
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge [u.a.]
Cambridge Univ. Pr.
2001
|
| Edition: | 1. publ. |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | XII, 228 S. graph. Darst. |
| ISBN: | 0521802334 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV013874626 | ||
| 003 | DE-604 | ||
| 005 | 20011212 | ||
| 007 | t | ||
| 008 | 010822s2001 d||| |||| 00||| eng d | ||
| 020 | |a 0521802334 |9 0-521-80233-4 | ||
| 035 | |a (OCoLC)46353446 | ||
| 035 | |a (DE-599)BVBBV013874626 | ||
| 040 | |a DE-604 |b ger |e rakwb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-739 |a DE-703 |a DE-12 | ||
| 050 | 0 | |a HG5702.5 | |
| 082 | 0 | |a 332.63/228 |2 21 | |
| 084 | |a QK 530 |0 (DE-625)141660: |2 rvk | ||
| 100 | 1 | |a De Brouwer, Gordon |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Hedge funds in emerging markets |c Gordon de Brouwer |
| 250 | |a 1. publ. | ||
| 264 | 1 | |a Cambridge [u.a.] |b Cambridge Univ. Pr. |c 2001 | |
| 300 | |a XII, 228 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 7 | |a Financiële instellingen |2 gtt | |
| 650 | 7 | |a Fondsen |2 gtt | |
| 650 | 7 | |a Hedging |2 gtt | |
| 650 | 4 | |a Hedge funds |z Asia | |
| 650 | 4 | |a Hedge funds |z Australia | |
| 650 | 4 | |a Hedge funds |z New Zealand | |
| 650 | 0 | 7 | |a Hedge Fund |0 (DE-588)4444016-9 |2 gnd |9 rswk-swf |
| 651 | 4 | |a Asien | |
| 651 | 4 | |a Australien | |
| 689 | 0 | 0 | |a Hedge Fund |0 (DE-588)4444016-9 |D s |
| 689 | 0 | |5 DE-604 | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009491420&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-009491420 | ||
Record in the Search Index
| _version_ | 1804128711367196672 |
|---|---|
| adam_text | Contents
List of figures page vii
List of tables ix
Preface xi
1. The issues 1
2. What is a hedge fund? 9
3. Hedge funds in east Asia 41
4. Hong Kong 73
5. Indonesia, Malaysia and Singapore 96
6. Australia and New Zealand 121
7. Models of market dynamics 144
8. Inferring hedge fund positions from returns data 171
9. Looking forward 187
References 219
Index 227
Figures
2.1 Hedge fund and mutual fund returns 19
2.2 Hedge funds MAR/Hedge 33
2.3 Hedge funds Van Hedge 33
3.1 Net delta position of individual hedge funds and market
open interest in HSIF 45
3.2 Mutual funds total assets in emerging markets 53
3.3 Mutual funds total assets in emerging markets net
new cash flow 54
4.1 JP Morgan real effective exchange rate for Hong Kong 74
4.2 Annual GDP growth in Hong Kong 75
4.3 Asset prices in Hong Kong 75
4.4 Hang Seng Index and net open interest 78
4.5 Net delta position of individual hedge funds and market
open interest in HSIF 79
4.6 Three month HIBOR futures open interest 82
4.7 Aggregate balance and three month interest rates 83
4.8 Deposits in Hong Kong by currency denomination 86
4.9 Hong Kong stock prices and interest rates 87
4.10 Individual macro hedge fund returns 91
4.11 Stock price volatility 93
4.12 Price earnings ratio, Hang Seng Index 94
5.1 Rupiah and Indonesian overnight interest rate 99
5.2 Indonesian stock price 99
5.3 Intra day rupiah bid ask spread, 1998 101
5.4 Ringgit and baht 103
5.5 Ringgit turnover in Malaysia 103
5.6 Malaysia s foreign exchange reserve 105
5.7 Interest rate and the ringgit 105
5.8 Ringgit and Kuala Lumpur composite stock price index 106
5.9 Correlation of stock prices and ringgit 107
5.10 Correlation rupiah and ringgit, January to August 1998 108
vii
5.11 Onshore and offshore interbank interest rates 112
5.12 Singapore dollar and the three month interest rate 115
5.13 Foreign exchange reserves, Singapore 115
5.14 Singapore stock prices 116
5.15 Onshore and offshore one month interest rates, Singapore 117
5.16 Real effective exchange rates 120
6.1 GDP growth in Australia and New Zealand 122
6.2 Current account deficits of Australia and New Zealand 123
6.3 Export commodity prices of Australia and New Zealand 124
6.4 US dollar exchange rates of Australia and New Zealand 124
6.5 Interest rates in Australia and New Zealand 125
6.6 Australian dollar 126
6.7 Australian dollar onshore turnover 128
6.8 New Zealand dollar 133
6.9 Australian dollar residuals 137
6.10 NZ dollar residuals 140
7.1 Price dynamics in the De Long, et al. (1990a) model 147
7.2 The decision tree 152
7.3 Nash equilibrium payoffs under different fundamentals 163
8.1 Portfolio returns 179
8.2 Actual and inferred ringgit positions 180
8.3 Actual and inferred Dow positions 181
8.4 Actual and inferred Dow positions with changing positions 183
8.5 Long and short positions in the ringgit 184
8.6 Weekly ringgit positions inferred from a regression of
aggregate 185
9.1 Returns on returns of all assets in the portfolio 189
Tables
2.1 Classification of hedge funds 20
2.2 Hedge fund performance 35
2.3 Correlation of returns: Goldman Sachs and FRM database,
1994 to 1998 38
2.4 Correlation of returns: Van Hedge database, 1995 to 1999 39
3.1 Changes in banks unconsolidated assets in Asia,
billion 65
3.2 Measures of real exchange rate misalignment 68
5.1 Innovations to the Ringgit 109
5.2 Closed interest parity 118
6.1 Model of the Australian dollar, November 1988 to
March 2000 137
6.2 Model of the NZ dollar, February 1989 to February 2000 139
9.1 Matrix of transparency of positions in financial markets 205
ix
|
| any_adam_object | 1 |
| author | De Brouwer, Gordon |
| author_facet | De Brouwer, Gordon |
| author_role | aut |
| author_sort | De Brouwer, Gordon |
| author_variant | b g d bg bgd |
| building | Verbundindex |
| bvnumber | BV013874626 |
| callnumber-first | H - Social Science |
| callnumber-label | HG5702 |
| callnumber-raw | HG5702.5 |
| callnumber-search | HG5702.5 |
| callnumber-sort | HG 45702.5 |
| callnumber-subject | HG - Finance |
| classification_rvk | QK 530 |
| ctrlnum | (OCoLC)46353446 (DE-599)BVBBV013874626 |
| dewey-full | 332.63/228 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.63/228 |
| dewey-search | 332.63/228 |
| dewey-sort | 3332.63 3228 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 1. publ. |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01507nam a2200445 c 4500</leader><controlfield tag="001">BV013874626</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20011212 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">010822s2001 d||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">0521802334</subfield><subfield code="9">0-521-80233-4</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)46353446</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV013874626</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakwb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-739</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-12</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HG5702.5</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.63/228</subfield><subfield code="2">21</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 530</subfield><subfield code="0">(DE-625)141660:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">De Brouwer, Gordon</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Hedge funds in emerging markets</subfield><subfield code="c">Gordon de Brouwer</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1. publ.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cambridge [u.a.]</subfield><subfield code="b">Cambridge Univ. Pr.</subfield><subfield code="c">2001</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XII, 228 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Financiële instellingen</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Fondsen</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Hedging</subfield><subfield code="2">gtt</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Hedge funds</subfield><subfield code="z">Asia</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Hedge funds</subfield><subfield code="z">Australia</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Hedge funds</subfield><subfield code="z">New Zealand</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Hedge Fund</subfield><subfield code="0">(DE-588)4444016-9</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">Asien</subfield></datafield><datafield tag="651" ind1=" " ind2="4"><subfield code="a">Australien</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Hedge Fund</subfield><subfield code="0">(DE-588)4444016-9</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009491420&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-009491420</subfield></datafield></record></collection> |
| geographic | Asien Australien |
| geographic_facet | Asien Australien |
| id | DE-604.BV013874626 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T18:53:35Z |
| institution | BVB |
| isbn | 0521802334 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-009491420 |
| oclc_num | 46353446 |
| open_access_boolean | |
| owner | DE-739 DE-703 DE-12 |
| owner_facet | DE-739 DE-703 DE-12 |
| physical | XII, 228 S. graph. Darst. |
| publishDate | 2001 |
| publishDateSearch | 2001 |
| publishDateSort | 2001 |
| publisher | Cambridge Univ. Pr. |
| record_format | marc |
| spelling | De Brouwer, Gordon Verfasser aut Hedge funds in emerging markets Gordon de Brouwer 1. publ. Cambridge [u.a.] Cambridge Univ. Pr. 2001 XII, 228 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Financiële instellingen gtt Fondsen gtt Hedging gtt Hedge funds Asia Hedge funds Australia Hedge funds New Zealand Hedge Fund (DE-588)4444016-9 gnd rswk-swf Asien Australien Hedge Fund (DE-588)4444016-9 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009491420&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | De Brouwer, Gordon Hedge funds in emerging markets Financiële instellingen gtt Fondsen gtt Hedging gtt Hedge funds Asia Hedge funds Australia Hedge funds New Zealand Hedge Fund (DE-588)4444016-9 gnd |
| subject_GND | (DE-588)4444016-9 |
| title | Hedge funds in emerging markets |
| title_auth | Hedge funds in emerging markets |
| title_exact_search | Hedge funds in emerging markets |
| title_full | Hedge funds in emerging markets Gordon de Brouwer |
| title_fullStr | Hedge funds in emerging markets Gordon de Brouwer |
| title_full_unstemmed | Hedge funds in emerging markets Gordon de Brouwer |
| title_short | Hedge funds in emerging markets |
| title_sort | hedge funds in emerging markets |
| topic | Financiële instellingen gtt Fondsen gtt Hedging gtt Hedge funds Asia Hedge funds Australia Hedge funds New Zealand Hedge Fund (DE-588)4444016-9 gnd |
| topic_facet | Financiële instellingen Fondsen Hedging Hedge funds Asia Hedge funds Australia Hedge funds New Zealand Hedge Fund Asien Australien |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009491420&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT debrouwergordon hedgefundsinemergingmarkets |