对冲基金、对冲策略以及市场中性  

Hedge Fund,Hedging Strategies and Market-neutrality

作　　者：曾长兴[1] 

机构地区：[1]暨南大学金融研究所,广东广州510632

出　　处：《南方金融》2012年第1期60-63,共4页South China Finance

摘　　要：本文梳理了对冲基金的概念、特征及对冲策略,指出市场中性是这些对冲策略普遍存在的内在一致性要求。在此基础上,本文进一步讨论了市场中性策略的收益来源,分析了市场中性策略的做空优势,指出对冲策略拓宽了传统组合边界。Summarizing the concept, features and strategies of hedging, this paper points out that market-neutral is an internal consistency requirement for these hedge strategy in hedge funds. Based on the analysis of the hedge strategy, this paper discusses origin of return for market-neutral strategy, and points out that hedge strategy broadens the front of the portfolio by using the negative information.

关 键 词：对冲基金 对冲策略 市场中性 

分 类 号：F830.91[经济管理—金融学]