Blockchain technology enables managers to charge per transaction fees, which undermines the existing 2/20 fee model, because it facilitates seamless and efficient calculation of management fees per transaction.
Source quote, verbatim
Blockchain technology enables managers to charge per- transaction fees which undermines the existing 2/20 fee model. Blockchain technology facilitates a seamless and efficient calculation of management fees per transaction.
From
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017), VI. Blockchain-Enabled Pressure on Fee Structure, p. 15 https://ssrn.com/abstract=2959730 · source PDF
Cite as
Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730
Holds when
managers operating fee calculation and settlement on a blockchain
Classification
mechanismsupport: arguedblockchain
Related claims
restated_bykaal:claim:2998097-040 Blockchain technology enables managers to charge per-transaction fees, which undermines the existing 2 and 20 ...
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