题目
Hedge fund losses are most likely to be magnified by a:
选项
A.margin call.
B.lockup period.
C.redemption notice period.
答案
A
解析
A is correct. Margin calls can magnify losses. To meet the margin call, the hedge fund manager may be forced to liquidate a losing position in a security, which, depending on the position size, could exert further price pressure on the security, resulting in further losses. Restrictions on redemptions, such as lockup and notice periods, may allow the manager to close positions in a more orderly manner and minimize forced-sale liquidations of losing positions. ：A正确。追加保证金可以放大损失。为了满足追加保证金的要求，对冲基金经理可能会被迫清算证券中的亏损头寸，这取决于头寸规模，可能会对证券施加进一步的价格压力，导致进一步亏损。对赎回的限制，如锁定期和通知期，可以使经理人以更有序的方式平仓，并尽量减少对损失头寸的强制平仓。