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The Impact of Hedge Funds on Financial Markets: Lessons from the Experience of

By Bob Rankin


Recent discussions on the impact of hedge funds on financial markets have mainly focused on the prudential risks they pose to lenders and counterparties, or, in extremis, the risks they pose to financial system stability (see Reserve Bank of Australia (1999a) for an overview of these issues). In contrast, the effects of hedg

Year: 2011
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