kaal:claim:2998033-034

Blockchain enabled per transaction fees align fees with strategy turnover: clients in transaction intensive strategies agree upfront to higher fees while clients in less transaction rich strategies pay lower overall fees.

Source quote, verbatim

Accordingly, clients who invest in a more transaction-prone strategy will be able to agree upfront to higher fees whereas clients who invest in a less transaction-rich strategy will pay overall lower fees.

From

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), IV.3.b) Per-Transaction Fees, p. 28
https://ssrn.com/abstract=2998033 · source PDF

Cite as

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

Holds when

assumes the per transaction fee is predetermined with clients and can be made publicly available

Classification

designsupport: arguedai-and-agentsdisclosureeconomics

Related claims

extends kaal:claim:2959730-032 Making the blockchain enabled per transaction fee publicly available lets a private fund adviser set the appli...
extends kaal:claim:2959730-002 The majority of private fund advisers that deploy blockchain technology, artificial intelligence, and big data...

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