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
Summary
Hedge Fund Leverage∗ Andrew Ang† Columbia University and NBER Sergiy Gorovyy‡ Columbia University
Last document update:
ago
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
$3.19
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