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苍茫大地,谁主沉浮从1992年的英镑,意大利里拉崩盘,1994年墨西哥披索危机,到1997年7月发端于泰国而后席卷亚洲的金融风暴,世界金融市场上的一次次动荡,无一不是对冲基金的精心制作。尤其是这一次亚洲金融风暴,其涉及面之广,影响力之深,可谓前所未有,对冲基金因此成为千夫所指,一身担尽天下骂名。所谓对冲基金,是一种私人投资基金,通常在税收管理松散的海外(如巴拿马,英属维京群岛等地)注册,根据业绩收取佣金,以追求高额回报为目标的一种新兴投资工具。据估计,美国对冲基金规模在1997年底达到4000亿美元,仅仅索罗斯旗下的资产就超过200亿美元。对冲基金起源于50年代的美国,以私人投资合伙形式募集资金,向投资者提供在高于平均市场风险的条件下获得高额
The vast land, the main ups and downs from the pound in 1992, Italy, the collapse of the lira, the peso crisis in 1994 in Mexico in July 1997 and then swept through Asia, the financial turmoil, turmoil in the world financial markets, both are Hedge fund elaborate. In particular, this time in Asia, the financial turmoil, which involves a wide range of facets, is deeply influential. It is unprecedented. As a result, hedge funds have become the name of a few people. The so-called hedge fund is a private investment fund, usually in the loose tax management overseas (such as Panama, the British Virgin Islands and other places) to register, according to the performance commission, in pursuit of high returns as an emerging investment tool . It is estimated that the scale of the U.S. hedge funds reached 400 billion U.S. dollars by the end of 1997, with the assets of Soros alone exceeding 200 billion U.S. dollars. Hedge funds originated in the United States in the 1950s and raised funds in the form of private investment partnerships to provide investors with high yields at conditions above average market risk