kaal:claim:1428387-014

Because new hedge fund managers concentrate on highly complex and profitable instruments where pricing and valuation problems are most prevalent, it becomes very difficult for managers to guarantee investors standard or accurate pricing procedures.

Source quote, verbatim

Most of these new managers focus their attention on highly complex and profitable instruments where pricing and valuation issues are most prevalent. This trend can make it very difficult for hedge fund managers to guarantee their investors standard or accurate pricing procedures.

From

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009), III.A Regulating Complex Financial Instruments, p. 15
https://ssrn.com/abstract=1428387 · source PDF

Cite as

Kaal, Hedge Fund Valuation Retailization, Regulation, and Investor Suitability (2009). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1428387

Holds when

for newly launched funds run by managers leaving large institutions

Classification

mechanismsupport: arguedeconomics

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