Published : 2014-12-30

The Complexity of Defining Hedge Funds and the Evaluation of Their Development Stages

Waldemar Aspadarec



Abstract

In this compilation the author explains the influence of hedge funds occurring on the financial market during a decade of the new century, especially after the outburst of the global financial crisis. The first part contains considerations about controversies when defining hedge funds and their specific features, differentiating them among other participants of the financial market. The next part presents a development parametric, referring to the quantitative characteristics about the amount of hedge funds, asset value, and their return of assets. The results presented in the compilation connected with researching hedge funds investing performance show, that during the last 15 years, hedge funds collective results have achieved positive values, except in 2008 and 2011. In spite of economic trends in the financial market, the performance of hedge funds measured by the Barclay Hedge Fund Index, were much better than the performance of the "broad market" measured by Standard & Poor's 500 index.(original abstract)

Keywords:

Financial crisis, Hedge fund



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Aspadarec, W. (2014). The Complexity of Defining Hedge Funds and the Evaluation of Their Development Stages. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 57(6). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1094

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Uniwersytet WSB Merito w Poznaniu
ul. Powstańców Wielkopolskich 5
61-895 Poznań
e-mail: journals@poznan.merito.pl
University
Uniwersytet WSB Merito w Poznaniu / WSB Merito University
ul. Powstańców Wielkopolskich 5
61-895 Poznań

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