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Hedge fund: Difference between revisions
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{{ | {{def|Hedge fund|/hɛdʒ fʌnd/|n|}}A couple of guys with a bright idea and a rented office in Mayfair. The Oxford English Dictionary says it is an “offshore [[investment fund]], typically formed as a private [[Limited liability partnership|limited partnership]], that engages in speculation using [[Margin lending transaction - SFTR Provision|credit]] or borrowed [[capital]].” | ||
The Oxford English Dictionary says it is an “offshore [[investment fund]], typically formed as a private limited partnership, that engages in speculation using [[Margin lending transaction - SFTR Provision|credit]] or borrowed [[capital]].” | |||
That neglects to mention how much they charge, or that they talk a lot about [[alpha]] — even ''[[leveraged alpha]]'' — and have the [[Backtesting|back-tests]] to prove it — while doing a lot of [[vega]]. | That neglects to mention how much they charge, or that they talk a lot about [[alpha]] — even ''[[leveraged alpha]]'' — and have the [[Backtesting|back-tests]] to prove it — while doing a lot of [[vega]]. | ||
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*[[Hookers]] | *[[Hookers]] | ||
{{sa}}} | |||
*[[Backtesting]] | *[[Backtesting]] | ||
*[[Greeks]] | *[[Greeks]] | ||