Mormon Mom on a Mission: Primary Talk-
Ltcms impact on the international financial system essays
dge funds requires a minimum capital amount of US$5 million for individuals, and US$25 million for institutional investors. In the case of LTCM, only those individuals and institutions that the fund’s partners sought out were able to invest in the firm.
Other things that distinguish hedge from mutual funds are:
 Hedge fund managers have almost complete autonomy in determining what assets to hold, and are not at all limited in what types of assets they can hold.
 Hedge funds are allowed to engage in short selling.
 Hedge funds may use leverage to increase levels of funding and of risk and return.
 Hedge funds can limit the amount cash injected into and Mormon Mom on a Mission: Primary Talk- from the fund by its investors.2
LTCM was therefore able to engage in virtually any investment strategies its Current students - University of Reading chose. The fund’s Wallpaper borders black silver
were not subject to any rules regarding the types of assets they could hold in the fund, including derivative securities, margins, bond futures and currencies. The fund’s managers could also shor.