查询词典 hedge fund

In one of his last interviews Mr Merckle bristled at comparison between his firm and hedge funds, telling the Frankfurter Allgemeine Zeitung, a German newspaper, that he was trying to fund sound companies, but had been "lumped together with hedge funds."

在他最后接受的一次采访中，默克尔先生对将他的公司和对冲基金相提并论的做法十分恼火，他告诉德国一家名叫《法兰克福汇报》的报纸，他设法资助优质公司，却"被认为和对冲基金是一丘之貉"。

In general, this paper includes several parts, shown as the following: The first part summarizes the background and outline of stock index future and introduce briefly its local status and CSI 300 stock index future contract. The second part has a retrospect of the main academic papers of both local or overseas, and also a discussion of relevant hedge strategies and models, to lay a solid theoretical foundation for the empirical analysis and test for the operation process of hedge in latter parts. The third part outlines the principle, key factors and real operation process of hedge. Moreover, it makes a empirical analysis on popular hedge models with HK Hang Seng index. In the end, it test the hedge effect of trading on IF0706, CSI 300 stock index future contract, with CCB select-growth securities fund as present underlying. The fourth and also the last part, explores how to define hedge ratio in china mainland market. It includes the stability test ofβfor local securities portfolio, adjustment of historicalβand best data length for estimation of historicalβ, etc. Also, the thesis makes some beneficial experiments on the definition of best data length for estimation of historicalβ, survey of fashion forβand variation for industryβs. Fortunately, it's got some meaningful results.

按照以上研究思路，本论文论述由以下几个部分构成：第一部分，简要概述股指期货产生的背景和基本情况，对国内股指期货进程和沪深300股指期货合约进行简单介绍；第二部分，回顾海内外股指期货避险研究的主要文献，讨论相关避险策略及避险模型，为后面套期保值策略如何有效运用的实证分析和检验提供理论基础和依据；第三部分，对套期保值的原理、关键因素及实际流程进行概述，并采用香港恒生指数对常用的几种避险模型进行实证分析，最后一揽子以建信优选成长股票型基金为现货标的，实际检验以沪深300股指期货模拟交易IF0706产品进行对冲时的套期保值效果；第四部分，探讨国内确定避险比率的过程，包括国内股票组合β值的稳定性检验、历史β值的修正及估计历史β值的最佳数据长度等，通过数据分析，本文在寻找估计β值的最佳数据长度和考察风格、行业β值的差异上做了较为有益的尝试，并得到了有助于现实操作的结果。

He said that the Hong Kong Tracker Fund of the then government for the purpose of the game with the international hedge funds, which concentrate superior forces to play the "annihilation", as long as the hedge funds would not have打跑a problem, and now the stock market,"the size of non-" play do not run, waiting in line to the listing of more and more companies are a lot of day do not buy one day, so even come up with 200 billion yuan to 3,000 billion yuan enrich stabilization fund, there are "one announced to buy the stock market on the up, revealed the news to sell a stock market or "situation.

他说，香港盈富基金为与国际对冲基金，集中优势兵力打"歼灭战"，只要游戏的目的，当时的政府作为对冲基金不会打跑一个问题，现在的股市，"大小非"玩不运行，排队的越来越多的公司上市是一个很大的一天不买一天，因此，即使拿出2000.0亿元至3000亿元元充实稳定基金，有"一宣布购买股市的上升，透露了这个消息出售股票或"的情况。

Until this summer, soaring stock prices and buoyant Semi-precious Round Beads credit markets had produced spectacular payouts for private-equity and hedge-fund managers, and investment bankers.

到今年夏季为止，不断飙升的股价和强劲的信贷市场已使私人资本运营公司和对冲基金的经理及投资银行家们赚了个钵满盆盈。

The Hong Kong interbank offered rate has hardly budged, and with more rumors of hedge fund-related liquidations, it is hardly surprising banks are still reluctant to lend.

香港银行间放款利率几乎没有增加，伴随着更多的关联基金清算保护手段的谣言，更不可能有令人惊讶的银行仍勉强的借款。

Hedge-fund managers purposefully avoid reporting losses by marking up the value of their portfolios,' according to the authors of the study, Nicolas P.B.

研究报告作者保伦(Nicolas P.B。 Bollen)和波尔Veronika K。

Hedge-fund managers purposefully avoid reporting losses by marking up the of their portfolios,' according to the authors of the study, Nicolas P.B.

研究报告作者保伦(Nicolas P.B。 Bollen)和波尔Veronika K。

A recent report by Surjit Bhalla of Oxus Investments, an economic research firm and hedge fund, has caused a stir by estimating that investment in the year ending in March 2007 will reach between 38% and 42% of GDP.

既是经济研究公司，同时也是对冲基金的Surjit Bhalla of Oxus Investments的研究导致了一种推测的流行：截至2007年三月的一年中，投资会在GDP的38%到42%之间。

A recent report by Surjit Bhalla of Oxus Investments, an economic research firm and hedge fund, has caused a stir by estimating that investment in the year ending in March 2007 will reach between 38% and 42% of GDP.

最近由一家经济研究公司兼对冲基金Oxus投资公司的 Surjit Bhalla 发布的报道引起了不小的争议，他预计到2007年三月为止的前一年投资率将会达到GDP的38%至42%。

A recent report by Surjit Bhalla of Oxus Investments, an economic research firm and hedge fund, has caused a stir by estimating that investment in the year ending in March 2007 will reach between 38% and 42% of GDP.

经济研究公司和对冲基金Oxus Investments的苏吉特·布哈拉最近一份报告引发了震动。该报告估计，截至2007年3月的财年结束前，印度投资占GDP的比重将会达到38-42%。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。