kaal:claim:2470008-009

The unprecedented growth of the private fund industry combined with the low interest rate environment created by post crisis quantitative easing drove private fund managers to reach for yield.

The unprecedented growth in the private fund industry in combination with the low interest rate environment following the Federal Reserve's quantitative easing after the financial crisis of 2008-09 resulted in private fund managers' increasingly "reaching for yield".

Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014), II. Systemic Risk of Private Funds
https://ssrn.com/abstract=2470008 · source PDF

Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2470008

• low interest rate environment following quantitative easing
• post 2009 private fund industry

mechanismsupport: argueddefitokenomicsprivate-fundsrisk-and-incentivessystemic-risk

• extended_by kaal:claim:2748096-005 The combination of unprecedented private fund industry growth and the low interest rate environment produced b...
• extended_by kaal:claim:2811729-020 In the unprecedented low interest rate environment prevailing since 2005, investment managers responded to ret...

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