kaal:claim:2715083-018

Alternative funds gave retail investors access to hedge fund strategies and higher returns than traditional mutual funds while charging mutual fund fees, and that combination is what increased retail demand.

Source quote, verbatim
Alternative funds offered retail investors access to hedge fund strategies and higher returns than mutual funds while paying mutual fund fees, thus increasing demand by retail investors.
From

Kaal, Confluence of Mutual and Private Funds (2016), IV.1 Investor Preferences, p. 12
https://ssrn.com/abstract=2715083 · source PDF

Cite as

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

Holds when
Classification

mechanismsupport: arguedeconomics

Related claims
Verify

The quote above is an exact substring of the source PDF, whose sha256 is b5c92186260d4a8499a14f81ee24ace093b24e7740af3effcd1c526fa4fa221e. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/2f478698f4b8fcb1...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/2715083-018.md | sha256sum