INWESTYCJE NA RYNKACH WSCHODZĄCYCH POPRZEZ FUNDUSZE HEDGE DŁUGICH I KRÓTKICH POZYCJI NA RYNKU AKCJI NA PRZYKŁADZIE 2012 ROKU

Abstract

Key words: financial markets, emerging markets, investments, funds hedge, share
indices
Summary
In spite of various opinions about funds hedge in the financial world, they are proving
still that they constitute an attractive alternative for classical equity funds.
A possibility of the safeguard of capital against dips is their major advantage on
stock exchanges. In 2012 the May was a month when under the influence of macroeconomic
global factors significant falls took place on world stock exchanges.
Emerging markets, both in Asia, Latin America, Eastern Europe and Africa lost
over the -10%.
In the same time funds hedge were able to protect capital of customers and to minimize
losses up to the only a few per cent or less. Growing rich of consumer in developing
countries and expanding middle class let local companies to the development
and with time giving taking down on stock exchanges attractive investment
possibilities. Through the identification of the best enterprises funds hedge can
achieve results higher than share indices or classical funds; they are also earning on
short positions i.e. betting on the fall in the share of enterprises low-class.