kaal:claim:3409548-002

The traditional 2 and 20 fee model has become increasingly difficult to justify, and embracing modern financial products is what allows managers to produce returns that still support that model.

Source quote, verbatim

In recent years, it became increasingly more difficult to justify the 2 and 20 fee model.4 Embracing modern financial products allows them to produce returns that can still justify that fee model.

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

recent years of compressed hedge fund returns

Classification

conditionsupport: arguedprivate-funds

Related claims

extends kaal:claim:2959730-011 In the Buffett and Seides wager on net of fee returns, the passive S&P 500 index position produced a 7.1% comp...

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