Private fund managers themselves distinguish costs from returns: a majority of surveyed managers opined that Dodd-Frank Act registration and disclosure requirements do not affect the returns of the private fund industry, even though compliance costs affect the profitability of their management companies.
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the majority of private fund manager respondents opined that registration and disclosure requirements under the Dodd-Frank Act do not affect the returns of the private fund industry (Kaal 2013a, 2016b).
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Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Private Fund Performance – Evidence from 2010 – 2015 (2016), 1. INTRODUCTION, p. 3 https://ssrn.com/abstract=2816408 · source PDF
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Wulf A. Kaal, Barbara Luppi, Sandra Paterlini, Did the Dodd-Frank Act Impact Private Fund Performance – Evidence from 2010 – 2015 (2016). SSRN: https://ssrn.com/abstract=2816408
supportskaal:claim:2389416-005 Dodd-Frank Act compliance costs reduce the profitability of hedge fund advisers' investment management compani...
supportskaal:claim:2739479-004 Prior survey evidence indicates that the hedge fund industry adjusted well to the Dodd-Frank registration and ...
extendskaal:claim:2150377-031 Of the respondents reporting an effect on management company profits, 87.50% attributed it specifically to inc...
extendskaal:claim:2732915-035 Of those who responded, 75.4 percent indicated that the profits of their investment management company were af...
supportskaal:claim:2389423-038 There is no evidence that private fund adviser regulation in Title IV of the Dodd-Frank Act increases returns ...
supportskaal:claim:2150377-030 The incidence of Dodd-Frank compliance cost falls on the management company rather than the fund: the response...
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