entity · derived

Complex instruments

4 claims across 1 works, 2009–2009.

Derived node: assembled mechanically from the claims carrying complex-instruments. A roster, not an adjudicated definition.

Every claim under this term

1428387-008 2009 condition: Because structured debt instruments and over-the-counter derivatives used by hedge funds can be highly complex, the hedge fund manager may be the only person competent to assess their value.
1428387-014 2009 mechanism: Because new hedge fund managers concentrate on highly complex and profitable instruments where pricing and valuation problems are most prevalent, it becomes very difficult for managers to guarantee in
1428387-021 2009 mechanism: The principal-agent problem in complex financial products is exacerbated by hierarchies in financial institutions, which create multiple layers of agency relationships between the traders using the pr
1428387-022 2009 mechanism: Moral hazard is worsened when the financial products traded are so complex that the agents, mostly on the buy side, do not entirely understand them and trade for the principal on the basis of incomple