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,
Hedge Funds and Currency Crises
β Scribed by G. C. Lim
- Book ID
- 108522082
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 28 KB
- Volume
- 32
- Category
- Article
- ISSN
- 0004-9018
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