奥纬咨询：2026财务杠杆：入门指南（英文版）（18页）.pdf

1、Financial Leverage:A PrimerThis report was commissioned by the Managed Funds Association as a primer to help policymakers,the media,and the broader public understand the role of leverage in the financial system.Oliver Wyman shall not have any liability to any third party in respect of this report or

2、 any actions taken or decisions made as a consequence of the results,advice or recommendations set forth herein.This report does not represent investment advice or provide an opinion regarding the fairness of any transaction to any and all parties.This report does not represent legal advice,which ca

3、n only be provided by legal counsel and for which you should seek advice of counsel.The opinions expressed herein are valid only for the purpose stated herein and as of the date hereof.Information furnished by others,upon which all or portions of this report are based,is believed to be reliable but

4、has not been verified.No warranty is given as to the accuracy of such information.Public information and industry and statistical data are from sources Oliver Wyman deems to be reliable;however,Oliver Wyman makes no representation as to the accuracy or completeness of such information and has accept

5、ed the information without further verification.No responsibility is taken for changes in market conditions or laws or regulations and no obligation is assumed to revise this report to reflect changes,events or conditions,which occur subsequent to the date hereof.Oliver Wyman3IntroductionThe risks a

6、ssociated with leverage in the financial system are currently receiving a great deal of attention.Leverage does bring risks,but the coverage sometimes loses sight of the benefits of appropriate uses of leverage.In fact,financial leverage is essential to our financial system and wider economy.For exa