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Hedge funds are governed by agreements between investors and one or more advisers.
中文意思:
对冲基金是由投资者和一名或数名顾问之间的协议管理。


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Hector: You sound as if you know him. 赫:听起来你认识他。
Hedge can help them offset inventory loss when commodity price fall. 在商品价格下跌时,海琴能够帮助他们抵补存货价跌的损失。
Hedge funds and bank trading desks are pouring unprecedented sums into such computers to find faster and more inventive ways to outsmart their rivals. 对冲基金和银行的交易部门正在倾注空前规模的巨额资金,为自己装备这样的电脑,以便用更加迅速、更加创新的方式战胜自己的竞争对手。
Hedge funds are attracted by arbitrage opportunities so it is not surprising that many are now trying to close the gap between public and private valuations. 对冲基金受到套利机会的吸引,难怪许多对冲基金试图缩小公开市场估价与私人股本估价的差距。
Hedge funds are equally controversial. 同样地,对冲基金充满争议。
Hedge funds are governed by agreements between investors and one or more advisers. 对冲基金是由投资者和一名或数名顾问之间的协议管理。
Hedge funds are supposed to be dispersing risk. 对冲基金是被期望能够分散风险的一重投资活动。
Hedge funds have a bottomless appetite for derivatives as a way to manage risk and punt with borrowed money. 对冲基金对衍生产品有着无限大的胃口,以此来管理风险和用借来的钱进行投机。
Hedge funds may be forced to sell their most liquid holdings since more complex positions may be impossible to offload. 对冲基金可能会被迫卖出大部分的流动持有股份,因为有更多复杂的情况难以应对。
Hedge funds' assets have increased more than thirtyfold since l990, and they are now competing with traditional financial companies such as banks and private equity firms (see pages 75,76). 1990年以来,对冲基金的资产规模扩大了30多倍,现在,他们正与银行、私有股本公司这样的传统金融企业一拼高下。
Hedge-fund managers can be adept at exploiting pricing anomalies as well as obscure market niches. 在出其不意地定价和利用市场上不起眼的好风水方面,对冲基金的经理人运作起来游刃有余。
 
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