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: 99精品视频在线播放2 | 亚洲第3页 | 国产欧美一区二区三区视频 | 欧美成人三级大全 | 亚洲一级在线观看 | 国产亚洲精品国产一区 | 亚洲男人网 | 91久久色| 免费一级a毛片免费观看欧美大片 | 亚洲在线小视频 | 国产美女做爰免费视 | 久久久久欧美精品网站 | 日本免费人做人一区在线观看 | 男女男精品视频在线播放 | 欧美成人免费大片888 | 九九精品免视频国产成人 | 德国女人一级毛片免费 | 在线观看亚洲人成网站 | japanesevideo国产在线 | 成人免费的性色视频 | 日本女人www | 正在播放的国产a一片 | 国产一区二区三区美女在线观看 | 国产成人丝袜视频在线视频 | 青青影院一区二区免费视频 | 欧美日韩一区二区三区四区在线观看 | 男人的天堂欧美 | 午夜伦y4480影院中文字幕 | 国产精品日韩 | 高跟丝袜美女一级毛片 | 久久99国产乱子伦精品免 | 国产免费观看a大片的网站 国产免费黄色网址 | 成人午夜性视频欧美成人 | 久久福利影视 | 台湾三级香港三级经典三在线 | 亚洲免费成人 | 成人av手机在线观看 | 国产综合久久一区二区三区 | 一区二区三区 日韩 | 一级v片 | 免费一级a毛片 |