kaal:claim:2998097-040

Blockchain technology enables managers to charge per-transaction fees, which undermines the existing 2 and 20 fee model, because it allows fully automated allocation of the correct fee to each executed trade without manual reconciliation or settlement.

Blockchain technology enables managers to charge per- transaction fees which undermines the existing 2/20 fee model.

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017), VI. Blockchain Technology Applications for Private Investment Funds, p. 49
https://ssrn.com/abstract=2998097 · source PDF

Wulf A. Kaal, Private Investment Fund Regulation - Theory and Empirical Evidence from 1998 to 2016 (2017). SSRN: https://ssrn.com/abstract=2998097

• blockchain enabled private investment funds

mechanismsupport: arguedfailure: Technology erodes the 2 and 20 fee modelfamily: incumbent-resistance-to-adoptionblockchainsmart-contracts

• restates kaal:claim:2959730-029 Blockchain technology enables managers to charge per transaction fees, which undermines the existing 2/20 fee ...

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