减少神秘性是对冲基金监管的核心

Demystifying： A core to hedge fund supervision

对冲基金阿马兰斯投资天然气失利，以及一系列对冲基金先后出事，显示对冲基金正面临第二次大整合。神秘运作和高杠杆是对冲基金具市场危害性的基础，也是对冲基金兴衰跌宕的本质原因。在对冲基金投资者结构发生深刻变化下，应要求对冲基金定期披露信息，提高透明度。减少神秘运作，切实保护投资者利益。维护市场稳定。

The failure of the hedge fund ＇Amaranth＇ in its investment in natural gas, and a series of problems in hedge funds in general, indicate that hedge funds are facing a reshuffle. Mysterious operations and high leverage make hedge funds detrimental to the market, both of which are also key reasons behind the rise and fall of hedge funds. In line with the dramatic changes in terms of hedge fund investor structure, hedge funds should be required to reveal information regularly, enhance operational transparency, and replace mysterious operations, thus safeguarding investor interests and preserving market stability.