Custom cover image
Custom cover image

Closed-End Funds, Exchange-Traded Funds, and Hedge Funds : Origins, Functions, and Literature / by Seth Anderson, Jeffery A. Born, Oliver Schnusenberg

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: Innovations in Financial Markets and Institutions ; 18 | SpringerLink BücherPublisher: Boston, MA : Springer US, 2010Description: Online-Ressource (digital)ISBN:
  • 9781441901682
Subject(s): Genre/Form: Additional physical formats: 9781441901675 | Buchausg. u.d.T.: Closed-end funds, exchange-traded funds, and hedge funds. New York, NY : Springer, 2010. X, 128 S.DDC classification:
  • 332.6327
  • 650
  • 332 23
RVK: RVK: QK 530LOC classification:
  • HF4999.2-6182 HD28-70
  • HG1-HG9999
DOI: DOI: 10.1007/978-1-4419-0168-2Online resources: Summary: Characteristics of Investment Companies -- A Brief History of Investment Companies -- Closed-End Funds Issues and Studies -- Exchange-Traded Funds: Issues and Studies -- Hedge Funds: Issues and StudiesSummary: Closed-End Funds, Exchange-Traded Funds, and Hedge Funds: Origins, Functions, and Literature is a concise and valuable book that will be of interest to individual investors, financial professionals, and academic researchers, alike. It provides a brief history and institutional discussion of these investment companies and also presents a summary of the research on these funds. Investment practitioners will find the book useful as a reference and as a quick refresher on the current state of knowledge regarding each fund type. Equally important, it provides academic researchers with an accurate institutional framework within which to cast their theoretical models, and a point of departure for expanding the empirical analysis for improving our understanding of these funds. All-in-all, this is a very valuable book; I highly recommend it. John J. Jackson Professor of Economics Auburn University Professors Anderson, Born, and Schnusenberg provide a valuable service in this monograph. The practical significance of closed-end funds, exchange-traded funds, and hedge funds has increased dramatically in recent years, but all too many academics and investors know little about them. This text presents a carefully-focused and understandable description of these investment vehicles, highlighting the big, unresolved questions, while also including careful and fair accounts of the state of the literature. Nothing extraneous clutters the presentation, but, more importantly, nothing necessary is left out. Highly recommended. T. Randolph Beard Professor of Economics and Public Policy Auburn University This book is both useful as a reference book and as an additive, educational overview of ETFs and hedge funds, as well as CEFs. In today’s tumultuous markets, much reference is made to these subjects without a clear understanding of the vehicles, their structure and their history. This is a very timely publication and should be viewed as an important read. The book contains definitive explanations and also includes an excellent summary of past works in this area. Readable, informative and highly useful as a reference source. Kathleen A. Wayner President and CEO Bowling Portfolio ManagementPPN: PPN: 1649899572Package identifier: Produktsigel: ZDB-2-SBE
No physical items for this record