Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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The analysis in this paper suggests that hedge funds play a
very positive role in financial markets by providing liquidity to
thin markets where mis-priced financial instruments are to be
found. This type of activity reduces volatility rather than
increasing it.
Indeed with the rapid growth of structured products in
recent years, particularly in Europe and Asia, hedge funds
have been quite critical in containing the volatility that might
otherwise have arisen. Structured products are largely driven
by investment banks, and have resulted in the proliferation of
new and highly-complex derivative products (discussed
below).
Figure 1 shows...
Nội dung trích xuất từ tài liệu:
Portfolio Transactions Costs at U.S. Equity Mutual Funds*
