( www.menafn.com ) – Gulf Money by Matein Khalid
It was my privilege to witness the global proliferation of hedge funds since the early 1990’s from vantage points in New York, Chicago, London, Geneva, Abu Dhabi and Dubai. New instruments, assetclasses (e.g. merger arbitrage ) and innovations in financial markets (e.g. credit derivatives) have had a seminal impact on the business.
This has got to be one of the most intellectually vibrant niches in the financial markets, the mother of all global money games. The hedge fund business has had a global dimension since its genesisin the 1960’s. Alfred Winslow Jones, the world’s first long/short hedge fund manager, was born in Australia.
