Iimfuno
Abanini-mali be-Hedge baxhomeke ukuba babe ne-$ 1 yezigidi ngokufanelekileyo. Bayafuna le ntshukumo kwiimeko zezulu ezihlawulekayo ezibalulekileyo kwiipotfoliyo zabo ekufuneni kwabo ubukhulu obuphezulu. Kwakhona kufuneka bakwazi ukugcina imali yabo ibophelelwe kwiinyanga ezintathu okanye ngaphezulu ezifunekayo ngeemali ze-hedge funds. Enyanisweni, ngaphezu kwesahlulo sinexesha elinesithathu leminyaka.
Ngokuqhelekileyo kufuneka bazimisele ukuhlawula iipesenti ezi-2 zeempahla abazifakayo kunye neepesenti ezingama-20 zazo nayiphi na inzuzo. Le xabiso eliphezulu lifanelekile kubo ukuba baphumelele kwimarike . Abanye bazama ukubuyisela ilahleko ezenzeke ngexesha lokuhlaselwa kuka-2008 .
Banjalo nabo batyalileyo. Baqonda ukuba indlela yokusebenza ikhefu isebenza njani ngokukhetha , iikontrakthi zexesha elizayo , kunye nezinye iziphumo ezikhusela iimali zokusetyenziswa ukukhulisa imbuyekezo. Oko kuthetha ukuba bazimisele ukunyamezela umngcipheko xa utyalo-mali luya ngasezantsi.
Kwakhona kufuneka babe ngabagwebi abalungileyo.
Uninzi lweengxowa zemali alubonakali oko zenzayo ukuze zibuyiselwe. Ukungabikho kokucaca kuthetha ukuba bangakwazi ukuba yi- Ponzi , njengokuba kuqhutywa nguBernie Madoff .
Kutheni bafaka imali kwiHedge Funds
Abo batyali-zimali abaninzi babeka ngaphantsi kwe-20 ekhulwini yezinto zabo kwiimali zentambo. Abanye abatyalo-mali abatyalileyo, njengeenkampani zomshuwalense, iimali zempesheni kunye neengxowa-mali zobutyebi, babela ngaphantsi kwe-10% yabo mali-mali.
Kungenxa yokuba bafuna utyalo-mali olungenakulinganiswa nawo onke amatyala abo . Oku kuthetha ukuba, ukuba imarike yemasheya ilahlekelwa ixabiso, utyalo-mali lwe-hedge luya kuphakama. Ngamanye amagama, basebenzisa i-hedge funds ukuze bandise ulwahlulo lwabo. Bayazi ukuba iipotifoliyo ezahlukahlukeneyo ziya kukwandisa ukubuyiswa kwexesha elipheleleyo ngokunciphisa ukungazinzi ngokubanzi. Ngenxa yeso sizathu, abatyali-mali abayiqhathanisa nokusebenza kwemali ye-hedge investment kwiimpawu eziqhelekileyo ezifana ne- S & P 500 , i- NASDAQ okanye i- Dow Jones .
Okumangalisa kukuba, abaninzi abatyali-mali be-hedge bengakhange bafune i-returns-higher-average returns. Iipesenti ezisi-6 kuphela zazicinga ukuba zingaphumelela ipesenti ezili-10 okanye ngaphezulu kweembuyekezo zonyaka. Abafuni nje ukunyamezela ingozi ebandakanya. Kunoko, iipesenti ezingama-67 zikhangele ibuyiselo yonyaka phakathi kwama-4 ekhulwini kunye nama-6 ekhulwini. Oku mhlawumbi kuba kufuneka banike ingxelo kwiibhodi ezinokubasa umlilo xa zigcina ilahleko.
Intsapho yemali yokwethemba imali isebenzise i-hedge funds ukuze ifumaneke kwiingcinga ezilungileyo kwi-investment. Kutheni i-hedge imali ikhangela abatshali-mali abahlakaniphile? Ngenxa yokuba bahlawula kakhulu. Kodwa iipesenti ezingama-22 zabatyalomali bathi iimali eziphezulu zizathu zokuba zikhawuleze, okanye ziyakhusela i-hedge funds.
Iingxowa-mali
Iimali zepensheni ziqalise ukutyalomali kwiimali zokuhlawula imali ukwenzela ukukhulisa imbuyekezo.
Baye baqonda ukuba abanakho i- capital capital efunekayo ukugubungela ubuninzi bezingane ezihlala phantsi, kwaye bazama ukugqithisa imarike ukuba zifake ezi zibophelelo. Ngelishwa, uhlobo olumngcipheko lweengxowa ze-hedge, kunye nokungahambi komgaqo-nkqubo, kuthetha ukuba imali yepensheni ayinakukwazi ukufikelela kwiimbopheleleko zabo.
Nangona kunjalo, kukho nenye inkcazo yokuba bayaziwayo. Ngo-2014, babuyele kuphela kwi-3.3% ngokuqhelekileyo, ngaphantsi kwe-S & P 500. Kwakhona, phantse iimali ezininzi zenziwe ngamanzi ngonyaka. Abanini-zimali abaninzi abanolwazi bayaqonda ukuba bathatha yonke ingozi, ngelixa i-hedge funds ayivelisi imivuzo yokucima loo mngcipheko. (Umthombo: uJuliet Chung, "Kwi-Trailback ye-Comeback kwi-Hedge Funds," i-Wall Street Journal, ngoJanuwari 30, 2015)
Yingakho i-System ye-Retirement System yabasebenzi baseCalifornia yamemezela ukuba iya kuhoxisa yonke i-$ 4 billion kwiimali ze-hedge fund ngo-2014.
Kufunyenwe kuphela i-7.1 pesenti yokubuya ngonyaka ophelileyo. Oku kuthetha ukuba kulungile ukuba kuthelekiswe nokubuya kwe-12.5 yeepesenti yokutyalomali-mali olufaniswayo, i-Vanguard Balanced Index Index. Unokwabiwa kwee - asethi ezingama-60 kunye nama-40 ekhulwini. (Umthombo: "Kwi-Hedge Funds, Return Return Trouble," I-Wall Street Journal, Septemba 17, 2014.)
Nangona kunjalo, i-8% ye-hedge fund abatyala-mali bayakwazi ukugcina okanye ukunyusa ukwabiwa kwabo kwiinyanga ezili-18 ezizayo. (Umthombo: " Ukutshala imali kwi-Hedge Funds: Yonke into yokubuyisela ? " Prequin, Juni 2014.)