000 04069nam a22004815i 4500
001 978-1-4419-0168-2
003 DE-He213
005 20140220084502.0
007 cr nn 008mamaa
008 100301s2010 xxu| s |||| 0|eng d
020 _a9781441901682
_9978-1-4419-0168-2
024 7 _a10.1007/978-1-4419-0168-2
_2doi
050 4 _aHF4999.2-6182
050 4 _aHD28-70
072 7 _aKJ
_2bicssc
072 7 _aBUS042000
_2bisacsh
082 0 4 _a650
_223
100 1 _aAnderson, Seth.
_eauthor.
245 1 0 _aClosed-End Funds, Exchange-Traded Funds, and Hedge Funds
_h[electronic resource] :
_bOrigins, Functions, and Literature /
_cby Seth Anderson, Jeffery A. Born, Oliver Schnusenberg.
264 1 _aBoston, MA :
_bSpringer US,
_c2010.
300 _bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aInnovations in Financial Markets and Institutions ;
_v18
505 0 _aCharacteristics 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 Studies.
520 _aClosed-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 Management
650 0 _aEconomics.
650 0 _aBanks and banking.
650 1 4 _aEconomics/Management Science.
650 2 4 _aBusiness/Management Science, general.
650 2 4 _aFinance /Banking.
700 1 _aBorn, Jeffery A.
_eauthor.
700 1 _aSchnusenberg, Oliver.
_eauthor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9781441901675
830 0 _aInnovations in Financial Markets and Institutions ;
_v18
856 4 0 _uhttp://dx.doi.org/10.1007/978-1-4419-0168-2
912 _aZDB-2-SBE
999 _c110182
_d110182