Hedge funds and private equity

Let me first summarize the general consensus on the “GLOBALL thought experiment” – the hypothetical global currency. Your discussions were both on point, thoughtful, and enjoyable to read.  Most of the class was of the mindset that it would not likely work (particularly in the short run) for various reasons — most important being loss of monetary sovereignty, political frictions, and various market imperfections including lack of complete labor mobility. The recent European crises with several countries having excessive debt and their effects on the Euro further highlight the difficulties in maintaining or growing a common currency. These concerns often show-up in sovereign yield spreads as redenomination risk – the risk that euro assets will be redenominated into a devalued legacy currency. While the euro is an important recent test case for examining and quantifying redenomination risk, there is an extensive literature that has examined direct and indirect forms of redenomination risk as many countries overtime have used an external currency as their sovereign currency or have redenominated their own sovereign currencies. In terms of a broader perspective, redenomination risk was an important issue in, for example, the wake of the Mexican financial crisis of 1994–1995, the Asian financial crisis of 1997, and Argentina’s financial crisis in 2001–2002 with a movement away from a dollar-based economy. The break-up of the Czechoslovakian currency union in 1993 and the break-up of the Ruble currency area between 1992 and 1995 are additional examples.
At this point in time, it is difficult to imagine a single global currency as a viable alternative to the existing mix of fixed and floating exchange rates, though regional currency unions are likely to continue to grow. However, the ultimate size of these “currency unions” has yet to be determined, consistent with those who see a future in the GLOBALL. Not surprisingly, international surveys generally suggest that outside of the US, much of the world is not as averse to “international systems” that subordinate nations (save for Britain recently as well as others), whereas those in the US have difficulty with “international systems” unless we are at the center of the system (e.g., the US dollar as the GLOBALL!).  You can argue that these results have to do with the relative costs and benefits as well as with differences in political views on the nature and power of government systems and institutions, which brings us to our next course related investments topic on hedge funds.
Now that we are moving into the international financial markets and investments portion of the course, let’s first talk about financial products. Hedge funds are an ongoing topic of interest to many investors, policy makers, and the general public. The ongoing potential financial risks posed by hedge funds and the large compensation amounts received by hedge fund managers also often draw the attention of the popular press. With a not so tiny compensation of billions of dollars over the last few years, James Simons (a former math Professor) was at the head of the pack. 
The attached New Yorker article provides some interesting background on hedge funds, while the attached Economist article discusses the hot market for private equity firms and hedge fund managers in Brazil. To what extent do you agree or disagree with the articles?

Elite Writer Help
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.