kaal:claim:2748096-013

Hedge funds' risk management practices are typically evolved enough to constitute a major barrier to systemic shocks, and their trading counterparties and lenders further help prevent losses large enough to disrupt the financial system.

Source quote, verbatim

Hedge funds' risk management practices are typically so evolved that they constitute a major barrier to systemic shocks. Hedge funds' counterparties in trades and lenders to hedge funds can also help prevent large losses that could disrupt the financial system.

From

Wulf A. Kaal, Timothy A. Krause, Hedge Funds and Systemic Risk (2016), Hedge Funds' Contributions to the Financial Crisis of 2007-2008, p. 6
https://ssrn.com/abstract=2748096 · source PDF

Cite as

Wulf A. Kaal, Timothy A. Krause, Hedge Funds and Systemic Risk (2016). SSRN: https://ssrn.com/abstract=2748096

Holds when

assumes counterparties and lenders actively monitor fund exposures

Classification

mechanismsupport: assertedrisk-and-incentivescompliancesystemic-riskprivate-funds

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 8f30260f2c1db728b45c4f3b9b7c64358cf9d3217277bc3c63a910c32f87b508. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/cb14dbc6cad74e8b...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2748096-013.md | sha256sum