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Emerging market hedge funds and the yen carry trade

✍ Scribed by Jarkko Peltomäki


Book ID
116445660
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
186 KB
Volume
9
Category
Article
ISSN
1566-0141

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The performance of currency hedge funds
✍ Jarkko Peltomäki 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 121 KB

Hedge funds are often related to the yen carry trade. This paper investigates the exposures of hedge funds that focus on currency assets to the returns of the yen/USD carry trade. The results suggest that the exposure of these hedge funds is positive only when carry trade returns are negative. Also,