The report shows via a performance back-test that high-fee balancer pools have a positive performance compared to low fees. But I have to admit that the data sample is pretty small.
Nevertheless, this concept has the potential to shake up the index fund industry. If you think forward a few years, when most financial assets have been digitised, a smart contract can easily do the work of an index fund portfolio manager without all the intermediaries (banks, custodian, exchanges). Read the full report here.
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daily market commentary from Patrick Heusser