kaal:claim:2714974-036

The combined restrictions on registered investment company short selling, leverage, and organizational structure create a substantial disincentive for such companies to pursue absolute return strategies that are independent of the aggregate value of the market.

Source quote, verbatim

The restrictions on investment company short selling, leverage, and organizational structure create a substantial disincentive for such companies to engage in so-called absolute return investment strategies, which are strategies that are independent of the aggregate value of the market.

From

Kaal and Oesterle, The History of Hedge Fund Regulation in the United States (2016), Relaxing the Regulation of Mutual Funds, p. 28
https://ssrn.com/abstract=2714974 · source PDF

Cite as

Kaal and Oesterle, The History of Hedge Fund Regulation in the United States (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2714974

Holds when

applies to registered investment companies under the Investment Company Act

Classification

mechanismsupport: arguedprivate-funds

Verify

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Attestation record: colloquium/attestations/6b98c454fdda7e78...json
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