国际金融研究
國際金融研究
국제금융연구
Studies of International Finance
2008年
2期
4~9
,共null页
对冲基金 离岸基金 投资组合策略 风险-收益 监管
對遲基金 離岸基金 投資組閤策略 風險-收益 鑑管
대충기금 리안기금 투자조합책략 풍험-수익 감관
Hedge Fund; Off-shore Fund; Strategy of Portfolio; Risk-return; Supervision.
近年来，在全球金融一体化的背景下，随着金融风险理论的发展和金融衍生工具的创新，对冲基金在数量和资产规模上都有了显著增长．并呈现出许多新的变化和特点。本文从对冲基金规模、区域分布、投资组合策略、对国际金融市场的影响、收益-风险特征变化以及监管几个方面，对对冲基金进行了研究与分析，对今后我国如何监管对冲基金进行了探讨，并提出了自己的建议。
近年來，在全毬金融一體化的揹景下，隨著金融風險理論的髮展和金融衍生工具的創新，對遲基金在數量和資產規模上都有瞭顯著增長．併呈現齣許多新的變化和特點。本文從對遲基金規模、區域分佈、投資組閤策略、對國際金融市場的影響、收益-風險特徵變化以及鑑管幾箇方麵，對對遲基金進行瞭研究與分析，對今後我國如何鑑管對遲基金進行瞭探討，併提齣瞭自己的建議。
근년래，재전구금융일체화적배경하，수착금융풍험이론적발전화금융연생공구적창신，대충기금재수량화자산규모상도유료현저증장．병정현출허다신적변화화특점。본문종대충기금규모、구역분포、투자조합책략、대국제금융시장적영향、수익-풍험특정변화이급감관궤개방면，대대충기금진행료연구여분석，대금후아국여하감관대충기금진행료탐토，병제출료자기적건의。
Against the backdrop of financial market globalization, more and more emphasis is put on finance risk control and innovative derivatives to hedge the risk. So hedge funds, a type of investment vehicle, are becoming increasingly prominent in recently years, in terms of both quantity and assets size. Meanwhile, they showed a lot of new characteristics and changes, such as assets size, region distribution, strategy of portfolio, influence on global finance market, risk-returns and supervision, etc. Firstly the author analyzes these above-mentioned new changes. Then some suggestions are given on how to supervise the hedge finds and control risk in China in the future.
