Because hedge funds developed under little or no regulatory supervision before the Dodd-Frank Act, the existing hedge fund performance literature largely fails to assess the implications of hedge fund regulation.
Source quote, verbatim
Because hedge funds evolved in a regulatory environment with low or no regulatory supervision until the enactment of the Dodd-Frank Act, most prior studies on hedge fund performance do not assess the implications of hedge fund regulation.
From
Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014), 3. Previous work on Hedge Fund Performance https://ssrn.com/abstract=2389416 · source PDF
Cite as
Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Hedge Fund Performance (2014). SSRN: https://ssrn.com/abstract=2389416
Holds when
pre Dodd-Frank Act hedge fund performance literature
restated_bykaal:claim:2816408-014 Because private funds evolved under low or no regulatory supervision until Dodd-Frank, the large prior literat...
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