FOREX

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Hedge Fund Leverage∗ Andrew Ang† Columbia University and NBER Sergiy Gorovyy‡ Columbia University
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Hedge Fund Leverage∗ Andrew Ang† Columbia University and NBER Sergiy Gorovyy‡ Columbia University Gregory B. van Inwegen§ Citi Private Bank This Version: 25 January, 2011 JEL Classification: G11, G18, G23, G32 Keywords: Capital structure, long-short positions, alternative investments, exposure, hedging, systemic risk
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