Final published version
Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter
}
TY - CHAP
T1 - Locating Hedge Funds in a Subjective and Political Economy Context
AU - Karakilic, Emrah Ali
AU - Clark, Ian
PY - 2021/11/10
Y1 - 2021/11/10
N2 - This chapter pursues a holistic inquiry into hedge fund business models. First, the authors ask what sort of political economy context has enabled the flourishing and astonishing expansion of hedge funds. Second, they ask how the individual bodies and collective bodies, such as hedge fund traders and hedge fund firms, form as particular economic subjects within this political economy context. How, in other words, might one think of the socioeconomic and subjective milieu that informs and vindicates the rise of hedge funds as well as their characteristic features? Third, they inquire into how the hedge fund business model survived largely unscathed after the global financial crisis of 2007–2008 whilst the literature acknowledges the former as a driver of the latter.
AB - This chapter pursues a holistic inquiry into hedge fund business models. First, the authors ask what sort of political economy context has enabled the flourishing and astonishing expansion of hedge funds. Second, they ask how the individual bodies and collective bodies, such as hedge fund traders and hedge fund firms, form as particular economic subjects within this political economy context. How, in other words, might one think of the socioeconomic and subjective milieu that informs and vindicates the rise of hedge funds as well as their characteristic features? Third, they inquire into how the hedge fund business model survived largely unscathed after the global financial crisis of 2007–2008 whilst the literature acknowledges the former as a driver of the latter.
KW - political economy
KW - hedge funds
KW - financialisation
KW - subjective economy
U2 - 10.1093/oxfordhb/9780198840954.013.18
DO - 10.1093/oxfordhb/9780198840954.013.18
M3 - Chapter
SN - 9780198840954
SP - 505
EP - 522
BT - The Oxford Handbook of Hedge Funds
A2 - Cumming, Douglas
A2 - Johan, Sofia
A2 - Wood, Geoffrey
PB - Oxford University Press
ER -