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Footprints in the market: Hedge funds and the carry trade

✍ Scribed by Fong, Wai Mun


Book ID
122080848
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
417 KB
Volume
33
Category
Article
ISSN
0261-5606

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The performance of currency hedge funds
✍ Jarkko PeltomΓ€ki πŸ“‚ Article πŸ“… 2011 πŸ› John Wiley and Sons 🌐 English βš– 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,