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 "identifier": "kaal:entity:asset-management",
 "name": "Asset management",
 "termCode": "asset-management",
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 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2470008-008",
   "identifier": "kaal:claim:2470008-008",
   "text": "Some estimates place private funds ahead of banks in size and importance during and after the financial crisis.",
   "abstract": "According to some estimates, private funds surpassed banks in size and importance during and after the financial crisis.",
   "citation": "Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2470008",
   "datePublished": "2014",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "during and after the 2008 to 2009 financial crisis"
   ],
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   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2470008-027",
   "identifier": "kaal:claim:2470008-027",
   "text": "The FSOC itself conceded that available data was insufficient when it tried to identify the activities of the twenty largest United States fund managers as possible sources of systemic risk.",
   "abstract": "Similarly, in its attempt to identify activities of twenty of the largest U.S. fund managers as possible sources of systemic risk,171 the FSOC acknowledged that the available data was insufficient",
   "citation": "Wulf A. Kaal, The Systemic Risk of Private Funds after the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2470008",
   "datePublished": "2014",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": true,
   "scope_conditions": [
    "FSOC 2013 annual report",
    "counterparty risk, leverage, repo, securities lending, and separate accounts"
   ],
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2739479-010",
   "identifier": "kaal:claim:2739479-010",
   "text": "The private fund industry generated a disproportionate share of asset management profits: it produced 34 percent of the industry's 2013 profits, $31.2 billion of $93.0 billion, while controlling only 4 percent of total AUM.",
   "abstract": "Although it manages only 4% of the global asset management indus- try's total AUM ($2.8 trillion out of $68.7 trillion),121 the private fund industry represented 34% of profits generated by that industry in 2013 ($31.2 billion out of $93.0 billion).",
   "citation": "Wulf A. Kaal, The Post Dodd-Frank Act Evolution of the Private Fund Industry Comparative Evidence from 2012 and 2 (2016). SSRN: https://ssrn.com/abstract=2739479",
   "datePublished": "2016",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
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    "2013 profit figures"
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  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2959730-039",
   "identifier": "kaal:claim:2959730-039",
   "text": "By enabling low set up requirements and low costs of running a portfolio, blockchain platform models may create an unprecedented competitive environment for asset management strategies.",
   "abstract": "By enabling low set-up requirements and low costs of running a portfolio, platform models may be able to create an unprecedented competitive environment for asset management strategies.",
   "citation": "Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730",
   "datePublished": "2017",
   "claim_type": "predictive",
   "confidence": "speculative",
   "is_failure_mode": false,
   "scope_conditions": [
    "platform based fund formation and portfolio operation"
   ],
   "source_pdf_sha256": "ebd86972d8817b0c1c80326ae5564476983cedba3f258ff3b2610f156b93fb50",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2959730-040",
   "identifier": "kaal:claim:2959730-040",
   "text": "Running a private fund adviser portfolio on the blockchain costs only protocol determined core usage fees, modular commissions set by module developers amounting to a fraction of a cent or a fraction of trade volume per usage, and Ethereum infrastructure costs.",
   "abstract": "The usage fees are determined by the protocol, and the modular fees are set by the module developers and are a fraction of a cent or a fraction of the trade volume for each usage.",
   "citation": "Wulf A. Kaal, Blockchain Applications and Fee Structure Developments in Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2959730",
   "datePublished": "2017",
   "claim_type": "empirical",
   "confidence": "evidenced",
   "is_failure_mode": false,
   "scope_conditions": [
    "portfolios operated on the Melon protocol on Ethereum"
   ],
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  }
 ],
 "description": "5 claims in the published works of Wulf A. Kaal carry the concept tag 'asset-management'. Derived node: a roster, not an adjudicated definition."
}