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Stetsons and Spreadsheets; Hedge Funds in Texas
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 400 no. 8744 (Jul. 2011)
,
page 63.
Topik:
States
;
Hedge Funds
;
Financial Services
;
Business Conditions
;
Market Strategy
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.67
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
For a state more closely associated with cattle and cowboys, Texas is home to a surprisingly big herd of hedge funds. They manage around $40 billion, making Texas the fifth-largest US state for hedge-fund assets. Many Texans like to trace the industry's vibrancy to the state's risk-taking traditions. More important than the idea that there is something entrepreneurial in the water is the state's tremendous wealth, much of which comes from oil and gas. Being close to the oil and gas industries also gives managers an investment edge.
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