Anyone following the news in the last few years will have heard the term "hedge fund" more times than she can count. The source of phenomenal wealth for some, hedge funds have also produced some of the most phenomenal losses for their investors. Hedge funds have also been blamed for a large part of the global financial collapse in 2008. If you are unclear on just what a hedge fund is, this audiobook will clear up the issue for you in less than 10 minutes.
Produced by iMinds’ money division and narrated by the plainspoken, pleasant voice of Emily Sophie Knapp, this audiobook will explain why hedge funds - a relatively recent "innovation" of the financial industry - are "not for the fainthearted".
Learn about hedge funds with iMinds Money's insightful fast knowledge series. A hedge fund is a type of investment structure for managing a private, unregistered investment pool. Within this investment portfolio the fund manager is permitted to use a number of higher risk investment strategies. Although a wide range of strategies are used the most common is long/short equity. This was the strategy used by the first hedge fund in the United States in 1949 and is still the most popular today.
The strategy simply involves a hedge-fund manager buying shares they think will rise in price and short-selling shares they believe will fall. This strategy allows for large profits, but also very large losses. Hedge funds may also take advantage of another high-risk strategy by using borrowed money to produce a greater return. However, despite the riskier strategies employed, hedge funds had become extremely popular and common, especially in the United States, prior to the financial crisis of 2007 - 2008. This is due to their ability to potentially provide great profits. In a good year, hedge funds can return profits of over 20%. Many hedge funds also limit the number of investors, meaning each participant gets a larger share of the profits. However, unlike most other funds, a hedge fund pays a percentage of the profits to the fund manager.
iMinds will hone your financial knowledge with its insightful series looking at topics related to Money, Investment and Finance.. whether an amateur or specialist in the field, iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.iMinds unique fast-learning modules as seen in the Financial Times, Wired, Vogue, Robb Report, Sky News, LA Times, Mashable and many others... the future of general knowledge acquisition.
©2010 iMinds Pty Ltd (P)2010 iMinds Pty Ltd
"I'm learning all sorts of stuff about stuff I didn't even know I didn't know. And it sticks. In a nutshell: wonderful." (Jonathon Margolis, Financial Times)
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