Embedded leverage and performance of hedge fund share classes
Some investors may not be able to use leverage at all or they face different margin requirements. Investing in securities with high-embedded leverage enables those investors to obtain desired level of market exposure without violating their margin constraints. Investors in hedge funds can gain acces...
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| Format: | Dissertation |
| Language: | English |
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University of Oulu
2015
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| Online Access: | http://urn.fi/URN:NBN:fi:oulu-201504021221 http://nbn-resolving.de/urn:nbn:fi:oulu-201504021221 |