# kaal:claim:2715083-018

**Claim.** 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.

**Type.** mechanism  **Support.** argued

**Holds when.**

- retail investor segment in the early 2010s

**Source quote.**

> 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, page 12

**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.** economics

**Keywords.** retail-demand, fees, retail-alternatives, market-access

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/2811729-006

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