Lessons from Hedge Fund Fraud

• المؤلف الرئيسي: TEO, Melvyn
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2009
• الموضوعات: Hedge funds; frauds; Madoff; lessons; conflict of interests; risk exposures; due diligence; Finance and Financial Management
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/bnp_research/30; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1035&context=bnp_research

We examine two of the most fascinating fraud cases that rocked the hedge fund industry: Bernard L. Madoff Investment Securities and Bayou Management. From academic research and news reports, we distill important lessons for the hedge fund investor. Our key conclusions are (i) conflicts of interests...