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Abstrak :
[Hedge funds have started to play an important role in financial markets during the last decade. They have affected important aspects of financial intermediation such as asset allocation decisions and corporate governance. Julian Holler provides an excellent theoretical and empirical analysis of these issues. His analysis offers strong support that hedge funds enable investors to improve asset allocation decisions. Consequently, hedge funds are an interesting alternative asset class for institutional investors. In contrast to results for the U.S. capital market his research provides evidence that hedge fund activism does not persistently increase the value of firms in Germany. This result suggests that the institutional environment has a strong influence on the effectiveness of corporate governance mechanisms., Hedge funds have started to play an important role in financial markets during the last decade. They have affected important aspects of financial intermediation such as asset allocation decisions and corporate governance. Julian Holler provides an excellent theoretical and empirical analysis of these issues. His analysis offers strong support that hedge funds enable investors to improve asset allocation decisions. Consequently, hedge funds are an interesting alternative asset class for institutional investors. In contrast to results for the U.S. capital market his research provides evidence that hedge fund activism does not persistently increase the value of firms in Germany. This result suggests that the institutional environment has a strong influence on the effectiveness of corporate governance mechanisms.]

Abstrak :
Hedge fund governance : evaluating oversight, independence and conflicts summarizes the fundamental elements of hedge fund governance and principal perspectives on governance arguments. An authoritative reference on governance, it describes the tools needed for developing a flexible, comprehensive hedge fund governance analysis framework. Case studies and interviews with professional fund directors shine a bright light of pragmatism on this framework. The author?s global analysis of more than 5,000 hedge fund governance structures enables him to draw realistic conclusions about best practices. He also explores the value consequences of good vs. bad governance, estimating the actual dollar losses that can result from bad governance, as well as the operational and investment performance benefits of certain governance practices.

Abstrak :
This book will present a comprehensive view of the risk characteristics, risk-adjusted performances, and risk exposures of various hedge fund indices. It will distinguish itself from other books and journal articles by focusing solely on hedge fund indices and emphasizing tail risk as a predictor of hedge fund index returns. The three chapters in this short book have not been previously published.

Abstrak :
Penelitian ini membahas Penerapan Lindung Nilai pada Transaksi Penjualan Batubara yang dilakukan oleh PT IM. Analisis mencakup perbandingan transaksi lindung nilai menggunakan fixed rate swap dengan dan tanpa menerapkan akuntansi lindung nilai. Penelitian ini juga membahas penerapan lindung nilai jika menggunakan jenis instrumen derivatif lain, seperti futures dan option baik menerapkan akuntansi lindung nilai maupun tidak. Metode yang digunakan dalam penelitian ini adalah deskriptif kualitatif dengan pengumpulan data melalui observasi secara langsung pada PT IM. Hasil penelitian ini menunjukkan bahwa akuntansi lindung nilai dapat mengurangi volatilitas pada laporan keuangan khususnya laporan laba rugi perusahaan dan instrumen derivatif fixed rate swap telah tepat digunakan. ...... This study discusses the implementation of Hedging on Coal Sales Transaction conducted by PT IM. The analysis includes the comparison of hedging transactions using fixed rate swaps with and without applying hedge accounting. This study also discusses the application of hedging if using other types of derivative instruments, such as futures and options whether or not to apply hedge accounting. The method used in this research is descriptive qualitative with data collection through observation directly on PT IM. The results of this study indicate that hedge accounting can reduce the volatility in the financial statements, especially the income statement of the company and the fixed rate swap has been appropriately used.

Abstrak :
How will the funds of hedge funds (FoHF) business have to change to survive in the wake of the 2008-2012 financial crisis? This new research provides valuable insight. Reconsidering Funds of Hedge Funds presents the first comprehensive views of UCITS as well as recent trends in due diligence, risk management, and hedge fund deaths and survivors. The book contains original chapters by 22 academics and 16 hedge fund professionals, and includes two sections on performance: one that looks at UCITS FoHF and one that deals with traditional FoHF performance. Most chapters examine aspects of the 2008-2012 financial crisis, and almost every chapter addresses fund of hedge funds' management process before, during, and after the crisis.