kaal:claim:2389416-005

Dodd-Frank Act compliance costs reduce the profitability of hedge fund advisers' investment management companies, but registration and disclosure requirements do not appear to reduce the returns of the hedge funds themselves.

However, while Dodd-Frank Act compliance costs affect the profitability of hedge fund advisors' investment management companies, registration and disclosure requirements under the Dodd-Frank Act do not seem to affect the returns of hedge funds (Kaal 2013a).

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014), 1. INTRODUCTION
https://ssrn.com/abstract=2389416 · source PDF

Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416

• distinction between adviser management company profits and fund returns

mechanismsupport: evidencedcomplianceprivate-funds

• supported_by kaal:claim:2816408-010 Private fund managers themselves distinguish costs from returns: a majority of surveyed managers opined that D...
• supported_by kaal:claim:2739479-004 Prior survey evidence indicates that the hedge fund industry adjusted well to the Dodd-Frank registration and ...
• extended_by kaal:claim:2816408-006 Dodd-Frank Act compliance costs fall most heavily on advisers managing the largest number of reporting funds, ...

The quote above is an exact substring of the source PDF, whose sha256 is 0e1c4615b104821577498d9655de43b9c5c3e985bb0215f56c038b8232be65c3. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/a3341e270ea786f7...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2389416-005.md | sha256sum