本世纪70年代以来,随着金融市场的发展和国际一体化,对冲基金在西方各国迅猛发展。作为一种极具活力的金融品种,对冲基金既为金融市场上的巨额资本提供了一条出路,也为少数特别富有的投资者提供了特殊的投资机会,并在一定程度上减少了证券市场的浮动性。对冲基金的最大特点是追逐最佳的风险收益。在全球经济日益一体化和自由化的背景下,所有参与这一进程的国家、地区、各种金融机构、企业及个人都面临 Since the 1970s, with the development of financial markets and international integration, hedge funds have enjoyed rapid growth in all western countries. As a dynamic financial species, hedge funds not only provide a way out for huge capital in financial markets, but also provide special investment opportunities for a few extremely wealthy investors, and to a certain extent, reduce the stock market’s Float. The most important feature of hedge funds is the pursuit of the best risk-reward. In the context of the growing globalization and liberalization of the global economy, all countries, regions, financial institutions, corporations and individuals involved in this process are faced with