# Profs Andrea Frazzini and Lasse Pedersen's research on "embedded leverage" is featured

1 Faculty News November 26, 2012 ![Barron's logo](/sites/default/files/styles/246w/public/assets/images/con_031072.jpg?itok=FtY-yu99)>

Excerpt from [Barron's](http://blogs.barrons.com/focusonfunds/2012/11/26/when-leverage-is-embedded-be-a-seller/?mod=BOLBlog) -- "AQR Capital’s Andrea Frazzini and New York University’s [Lasse H. Pedersen](http://www.stern.nyu.edu/faculty/bio/lasse-pedersen) have a new paper on the subject of 'embedded leverage.' The term refers to options contracts or exchange-traded funds where leverage is built into the product."

[Read more](http://blogs.barrons.com/focusonfunds/2012/11/26/when-leverage-is-embedded-be-a-seller/?mod=BOLBlog)