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2011, vol. 16, br. 1, str. 103-124
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Uloga hedž fondova u ekonomskoj krizi i njihova regulacija na tržištu EU
Hedge funds role in economic crisis and their regulating on EU market
aUniverzitet 'Džemal Bijedić', Ekonomski fakultet, Mostar, Federacija BiH
bViša poslovna škola, Peć-Leposavić
Sažetak
S pojavom ekonomske krize polovinom 2007. godine, hedž fondovi bili su odmah označeni kao jedni od glavnih krivaca za ekonomsku krizu. Međutim, oni su nastojali odmah da zaustave te optužbe na njihov račun, a to je da su izmakli kontroli i da su odgovorni za plasman neosiguranih hartija od vrednosti, i da su nestali među brojnim kupcima hartija od vrednosti. U ovom radu nastojali smo dati drugu dimenziju viđenja ekonomske krize, u kojoj svi dobro znamo da hedž fondovi nisu jedini krivici, već i banke. U prilog tome, u radu je rasvetljena uloga hedž fondova i banaka u procesu kreiranja kolateralnih dužničkih obveznica. Osim toga, u radu je rasvetljen proces regulisanja hedž fondova na području EU.
Abstract
With the advent of the economic crisis in the middle of 2007, the hedge funds were immediately identified as one of the main culprits for the economic crisis. However, they have intended immediately to stop the charges to their account, which referred to the getting out of control and being responsible for the placement of unsecured securities and disappeared among the many customers who purchased date securities. In this paper we attended to give another dimension to the perceptions of the economic crisis, in which we all know that hedge funds are not only guilty but also banks are. In addition, the paper clarified the role of hedge funds and banks in the process of creating collateral debt bonds. In addition, the paper clarified the process of regulating hedge funds in the EU.
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