The success of hedge funds 对冲基金的成功 Two books analyse what makes hedge-fundmanagers greatand reach very differentconclusions. 两本介绍对冲基金的成功之处的书其结论大相径庭。 The Alpha Masters: Unlocking the Genius of the World s Top Hedge Funds. By Maneet Ahuja. 阿尔法大师:揭秘世界顶尖对冲基金的智慧,Maneet Ahuja著。 The Hedge Fund Mirage: The Illusion of Big Money and Why It s Too Good To Be True. BySimon Lack. 对冲基金的海市蜃楼:巨资的幻象及其难以置信的原因,Simon Lack著。 Forget the one percent denounced by the Occupy Wall Street protesters. Hedge-fundmanagers have made so much money for themselves that they are in the top percent of theone percent. The billions they have raked in make bankers bonuses look titchy. Theirvaunted success trading stocks, bonds and other instruments has helped to transform acottage industry into a behemoth; today hedge funds oversee more than $2.1 trillion. Aclass of moneymen who once only managed funds for buccaneering, rich families now countthe world s largest public pension funds and endowments as clients. 忘记 占领华尔街 运动中所诋毁的那百分之一。对冲基金经理帮自己赚的钱足以让其成为这百分之一中的佼佼者。他们捞回来上百亿的资金让银行家的分红显得寒碜。他们在股票,债券和衍生品交易上取得了令人赞赏的成绩,这也帮助产业从一家庭作坊式的产业成为龙头产业。今天对冲基金管理着超过2.1万亿美元。曾经为喜欢投机的富翁家族理财的金融家,现今已让世界上最大的公共养老金,基金会成为其客户。 |