RT Journal Article
SR Electronic
T1 Hedge Funds
JF The Journal of Alternative Investments
FD Institutional Investor Journals
SP 69
OP 76
DO 10.3905/jai.1999.318942
VO 2
IS 2
A1 Glenn Yago
A1 Lalita Ramesh
YR 1999
UL https://pm-research.com/content/2/2/69.abstract
AB With the potential demise of more aggressively leveraged hedge funds and the remediation of their function through financial institutions, as proposed by the BIS, a very serious question remains unanswered for the developing world: How will growth be funded in emerging markets? The authors raise numerous questions as to the degree to which hedge funds foster systemic risk, and, moreover, the trade-off between the benefits the various strategies provide in investment growth and the possible costs in periods of market turbulence.