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Hedgefonds und die Finanzkrise: Anatomie eines Hedgefonds-Zusammenbruchs

Hedgefonds und die Finanzkrise: Anatomie eines Hedgefonds-Zusammenbruchs

          
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About the Book

Diplomarbeit aus dem Jahr 2010 im Fachbereich VWL - Finanzwissenschaft, Note: 1,7, Universität Duisburg-Essen ((Mercator School of Management)), Veranstaltung: Wirtschaftswissenschaften - Monetary Economics and International Capital Markets, Sprache: Deutsch, Abstract: Der Monat August des Jahres 2007 war eine turbulente Zeit für die globalen Finanzmärkte. Diverse Ereignisse der ersten Hälfte des Jahres bildeten die Grundlage für noch gravierendere Ereignisse im Finanzsektor. Beginnend am Montag, den 6. August 2007 erlitten einige der erfolgreichsten Equity-Hedgefonds der Geschichte beispiellose Rekordverluste, welche sich bis zum Donnerstag, den 9. August 2007 fortsetzten. Neben der enormen Höhe dieser Verluste waren ebenfalls die beiden Tatsachen beachtenswert, dass diese Hedgefonds zum einen nicht in Subprime-Produkte investierten und zum anderen als immun gegen die meisten Marktturbulenzen galten. Weitaus außergewöhnlicher war jedoch der Sachverhalt, dass der mit Abstand größte Teil der betroffenen Hedgefonds auf Basis einer quantitativen Long/Short-Equity-Market-Neutral-Strategie konstruiert wurde. Am 10. August 2007 hatte sich der Finanzmarkt beinahe vollständig erholt; für die meisten Hedgefonds jedoch kam dieser "Erholung" angesichts der vorangegangenen enormen Verluste zu spät. Ziel der vorliegenden Arbeit ist es, die o.e. Ereignisse in der zweiten Augustwoche des Jahres 2007 genauer zu beleuchten. Zu diesem Zweck wird die Performance der Hedgefonds im relevanten Zeitraum untersucht und es werden die Ursachen für die hohen Verluste gesucht.


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Product Details
  • ISBN-13: 9783656248415
  • Publisher: Grin Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 8 mm
  • Weight: 186 gr
  • ISBN-10: 3656248419
  • Publisher Date: 14 Aug 2012
  • Height: 210 mm
  • No of Pages: 134
  • Series Title: German
  • Sub Title: Anatomie eines Hedgefonds-Zusammenbruchs
  • Width: 148 mm


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