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But, as the fund has found, largesse comes in many forms.
These revelations led to a furious row, as the fund protested about the trades.
But, as the fund managers themselves would say, past performance is no indication of future returns.
Nor have Europe and Asia been as generous as the fund had hoped.
He left in 1996 as the fund fell to the bottom of industry rankings.
The recent bad performance has been costly for Deutsche Bank, as well as the fund investors.
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As the fund-management business grew, it concentrated increasingly on relative performance.
Especially as the fund-raising for the refugees and Save The Children continues!
A few, however, acknowledged that there were other benefits to being a "bundler," as the fund-raisers are known.
His mother retired as the fund-raising director for the San Mateo County Historical Museum in San Mateo, Calif.
The transaction comes as the fund-of-funds industry is under criticism, with investors hesitant to pay extra fees to invest in already-expensive hedge funds.
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CEO of Professional Science Editing for Scientists @ prosciediting.com