Closed-End Funds, Exchange-Traded Funds, and Hedge Funds: Origins, Functions, and Literature by Seth Anderson, Oliver Schnusenberg, Jeffery A. Born (Paperback, 2012)
Closed-End Funds, Exchange-Traded Funds, and Hedge Funds: Origins, Functions, and Literature is a concise and valuable book that will be of interest to individual investors, financial professionals, and academic researchers, alike. It provides a brief history and institutional discussion of these investment companies and also presents a summary of the research on these funds. Investment practitioners will find the book useful as a reference and as a quick refresher on the current state of knowledge regarding each fund type. Equally important, it provides academic researchers with an accurate institutional framework within which to cast their theoretical models, and a point of departure for expanding the empirical analysis for improving our understanding of these funds. All-in-all, this is a very valuable book; I highly recommend it. (John J. Jackson, Professor of Economics, Auburn University) Professors Anderson, Born, and Schnusenberg provide a valuable service in this monograph. The practical significance of closed-end funds, exchange-traded funds, and hedge funds has increased dramatically in recent years, but all too many academics and investors know little about them. This text presents a carefully-focused and understandable description of these investment vehicles, highlighting the big, unresolved questions, while also including careful and fair accounts of the state of the literature. Nothing extraneous clutters the presentation, but, more importantly, nothing necessary is left out. Highly recommended. (T. Randolph Beard, Professor of Economics and Public Policy, Auburn University) This book is both useful as a reference book and as an additive, educational overview of ETFs and hedge funds, as well as CEFs. In today's tumultuous markets, much reference is made to these subjects without a clear understanding of the vehicles, their structure and their history. This is a very timely publication and should be viewed as an important read. The book contains definitive explanations and also includes an excellent summary of past works in this area. Readable, informative and highly useful as a reference source. (Kathleen A. Wayner, President and CEO, Bowling Portfolio Management)
Product Identifiers
Publisher
Springer-Verlag New York Inc.
ISBN-13
9781461424581
eBay Product ID (ePID)
117617618
Product Key Features
Author
Seth Anderson, Oliver Schnusenberg, Jeffery A. Born
Publication Name
Closed-End Funds, Exchange-Traded Funds, and Hedge Funds: Origins, Functions, and Literature
Format
Paperback
Language
English
Subject
Finance, Business
Publication Year
2012
Type
Textbook
Number of Pages
140 Pages
Dimensions
Item Height
235mm
Item Width
155mm
Volume
18
Item Weight
226g
Additional Product Features
Title_Author
Seth Anderson, Jeffery A. Born, Oliver Schnusenberg