# kaal:claim:2715083-001

**Claim.** Confluence between mutual and hedge funds runs in two directions at once: mutual funds are converging on hedge funds along the dimension of investment strategy, while hedge funds are converging on mutual funds along the dimension of regulation.

**Type.** definitional  **Support.** argued

**Holds when.**

- post financial crisis U.S. fund markets
- after the Dodd-Frank Act and the JOBS Act

**Source quote.**

> Mutual funds are becoming more like hedge funds as a matter of investment strategy while hedge funds are becoming more like mutual funds as a matter of the regulatory framework.

**From.** Kaal, *Confluence of Mutual and Private Funds* (2016), I. Introduction, page 3

**Cite as.** Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083

**Verify.** sha256 of source PDF `b5c92186260d4a8499a14f81ee24ace093b24e7740af3effcd1c526fa4fa221e` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Confluence%20of%20Mutual%20and%20Private%20Funds.pdf

**Topics.** private-funds, securities-law

**Keywords.** confluence, mutual-funds, hedge-funds, investment-strategy, securities-regulation

**Related claims.**

- restated_by: https://wulfkaal.github.io/claims/2998097-033
- restated_by: https://wulfkaal.github.io/claims/2739479-016
- extended_by: https://wulfkaal.github.io/claims/2811729-035

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.