久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

 





 
Hedge fund
[ 2007-03-23 14:10 ]

Zhou asks:
Please account for the following sentence: "In early February, the SEC confirmed that it was investigating whether the major brokerage houses were tipping off hedge funds to the trades the brokers handle for big clients like mutual funds." This sentence is taken from an article in Fortune Magazine. I spent much time on it and my conclusion is that there is something wrong in its word order. Am I right?
In addition, what is "hedge fund"?

My comments:
There's nothing wrong with the sentence, Zhou.

Breaking it down, you'll see these points:
Brokerage houses handle trades for mutual funds.
Mutual funds are among the big clients of major brokerage houses.
Apparently, there were allegations that the brokerage houses were tipping off hedge funds to the trading activities of their big clients like mutual funds.
As a result, there appeared to have been an investigation conducted by the US Stock and Exchange Commission (SEC), to see whether the allegations were true.
On Tuesday, the SEC confirmed the investigation.

Naturally, when all those ideas are bundled into a single sentence, they become a tough nut to crack, especially for the uninitiated - readers who are not familiar with financial terms such as mutual fund, brokerage, stocks and trades.

And hedge fund of course in your case.

A hedge fund is a fund (money collected and kept) for hedging. A hedge is a row of close-growing small bushes used for dividing one garden from another. Hedges protect the garden from trespassers. The hedging businesses in the financial world are aimed at protections against something bad from happening, i.e. future losses.

Let me give you an example. If you run an exporting business that garners you an annual profit of, say, US$1 million. Year after year you have an extra million dollars to put away in the bank. Over time, you realize, however, the US dollar has been steadily losing its value - the green back has lost half its value against the euro, for example, in just the past few years. Therefore to guard against future losses, you decide to buy some euros and perhaps also British pounds sterling. By keeping, say, three currencies instead of one, you will have diversified your savings and hedged yourself against possible future depreciation of one particular currency against another.

Or you can ask a hedge fund to handle this business for you. A hedge fund is run by professionals who do all kinds of hedging businesses apart from currency dealings.

Keep reading, Zhou, and you'll become fluent in financial terms. Hedge funds, mutual funds, stocks and bonds and what have you, they are the higher forms of capitalism. I encourage you and all people to learn a bit about them - this is the calling of the times - if just to be able to run your own finances a bit better.

Even if you regard capitalism as one of your enemies, I encourage you to do it - capitalism is not going away, you know.

And as they say, if you can't beat them, join them.

 

About the author:
 

Zhang Xin is Trainer at chinadaily.com.cn. He has been with China Daily since 1988, when he graduated from Beijing Foreign Studies University. Write him at: zhangxin@chinadaily.com.cn, or raise a question for potential use in a future column.

 
 
相關文章 Related Stories
 
         
 
 
 
 
 
         

 

 

 
 

48小時內最熱門

     

本頻道最新推薦

     
  What to worry?
  What to do?
  Day and night
  Necessary evil
  Stay tuned

論壇熱貼

     
  國外的英文公示語
  母親,您在天堂還好嗎?(原創)
  What wedding and birthday Party bring us
  10 Commandments of Cell Phone Etiquette(e-c) 練習
  hold?
  you have it rough?




主站蜘蛛池模板: 美女视频黄的免费看网站 | 俺来也欧美亚洲a∨在线 | 99视频久久精品久久 | 久久综合久久综合九色 | 97在线视频精品 | 九月婷婷亚洲综合在线 | 国产成人综合亚洲一区 | yy毛片| 色吊丝在线观看国产 | 插美女网站 | 国产在线成人一区二区 | 99久久精品免费看国产 | 日韩在线国产精品 | 一区二区三区伦理 | 日本毛片在线观看 | 九九视频在线免费观看 | 国内精品久久久久久野外 | 成人久久18免费网 | 国产成人啪精品视频免费网 | 另类综合视频 | 99精品偷自拍 | 国产免费一级高清淫曰本片 | 色偷偷888欧美精品久久久 | 亚洲精品国产福利 | 国产日韩欧美综合一区二区三区 | 一本综合久久国产二区 | 性盈盈影院在线观看 | 精品国产一区二区 | 日本精品一区二区三区在线视频 | 蜜臀91精品国产高清在线观看 | 成人午夜影院在线观看 | 亚洲高清免费观看 | 波多野结衣在线中文 | 欧美综合图片一区二区三区 | 日韩不卡一区二区 | 九九毛片 | 日韩在线国产精品 | 成人做爰网站免费看 | 国产日韩精品一区在线不卡 | 国内精品久久久久影院免费 | 成人a毛片 |