PAAMCO Talks Leverage Usage In Risk Management
Sophisticated investors know to keep an eye on the often lightly disclosed topic of leverage usage for some time. A new report from the Pacific Alternative Asset Management Company (PAAMCO) takes the concept deeper by discussing two types of leverage: implicit and explicit leverage.
“It is essential to be aware of the existence of both types of leverage before an investor can fully monitor and assess the risk associated with . . .
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