The evidence assembled here suggests the traditional public/private distinction between mutual and hedge funds is eroding faster than previously anticipated.
Source quote, verbatim
The evidence listed herein suggests that the traditional public/private distinctions between mutual and hedge funds is eroding at a higher than previously anticipated rate.
Kaal, Confluence of Mutual and Private Funds (2016). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715083
Holds when
based on the growth data and regulatory changes surveyed in this chapter
Classification
empiricalsupport: arguedsecurities-law
Related claims
extended_bykaal:claim:2811729-035 The proliferation of unconstrained mutual funds has contributed to the confluence of mutual and private funds ...
restated_bykaal:claim:2998097-037 The confluence of mutual and private investment funds contributes to the gradual erosion of the public/private...
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