Product Description
The financial crisis is reshaping the hedge fund industry. Governments wish to regulate hedge funds. Prime brokers have curtailed funding, which impacts hedge fund trading and profitability. Regulators are bringing increasing numbers of hedge fund fraud and ponzi scheme cases. How will hedge funds and prime brokers respond? This is the first book that discusses all the regulatory proposals for the hedge fund industry in the major jurisdictions. Hedge Funds and Prime Brokers, Second Edition explores the ever-changing and dynamic hedge fund-prime broker relationship, with contributions from some of the world’s experts in investment, law and regulation. This comprehensive guide builds on the best selling coverage … More >>
Hedge Funds & Prime Brokers 2nd
Posts Tagged ‘Brokers’
Hedge Funds & Prime Brokers 2nd
When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry
Category General
Product Description
When Lehman Brothers collapsed in the fall of 2008, hedge funds using Lehman as a prime broker found themselves unable to withdraw assets and many were forced to close. The dangers inherent in prime finance—the business relationship between prime brokers and their clients, namely hedge funds—increase the likelihood of widespread financial collapse. When Prime Brokers Fail is a detailed look at the relationship between hedge funds and their brokerages and the risks multiplied in extraordinary markets. This relationship has been the source of unexpected risk for banks lending to highly leveraged funds, as well as funds with assets at struggling banks…. More >>
When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry