kaal:claim:3409548-001

Hedge fund managers adopt emerging technology because it converts into a fee premium: technology driven outperformance makes them more competitive than other funds and financial institutions, which in turn lets them charge higher fees.

Source quote, verbatim

Being more competitive through technology and creating higher returns for their clients, in turn, allows them to charge higher fees than traditional financial institutions.

From

Kaal, Financial Technology and Hedge Funds (2019), I. Introduction, p. 3
https://ssrn.com/abstract=3409548 · source PDF

Cite as

Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

Holds when

private investment fund managers competing on performance

Classification

mechanismsupport: arguedprivate-fundseconomics

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