A unit trust that is subject to minimum regulation, typically a partnership or mutual fund that attempts to obtain gains by exploiting market anomalies. These funds, however, are often high-return and are regarded as speculative. The hedged fund Long Term Capital Management got into trouble in 1998, raising concerns over the stability of the whole international financial system.

• asset management
• asset securitization
• asset-sensitive
• asset stripping
• asset swap
• asset turnover
• asset valuation
• asset value
• assignment
• assignment of insurable interest
• assignment of life policies
• associate company
• Association for Payment Clearing Services
• Association of African Development Finance Institutions
• Association of British Insurers
• Association of Corporate Treasurers
• Association of Futures Brokers and Dealers Ltd
• Association of International Bond Dealers
• Association of Lloyd's Members
• Association of Natural Rubber Producing Countries
• Association of Private Client Investment Managers and Stockbrokers
• Association of Tin Producing Countries
• assurance
• assured
• AST