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"Most of these firms have shown their willingness to close funds before assets get out of control".
Problems linked to American home loan securities have cropped up at several European banks this month, forcing them to either announce lower earnings or close funds temporarily to halt withdrawals.
Pick fund companies that have shown they're willing to close funds before they get too large.
We are also seeing growth-stage investors like Atomico and Highland Capital Europe close funds with a view to supporting Series B rounds alongside Accel and Index.
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"You don't want to have to choose between, Let's see, do I close funding for the disabled kid or the poor kid?
Unlike standard funds, investment trusts are publicly quoted companies that trade on the stock market and issue shares to investors, making them "closed" funds.
Consequently, some of the world's largest hedge fund firms are splitting up, closing funds or losing top partners and analysts.
(For related reading, see "Closing Funds: Investment Protection Or Trap?" and "Open Your Eyes To Closed-End Funds").
But Calamos and Wasatch are among the fund families that have occasionally closed funds.
In addition, 151 early-stage firms closed funds – more than in the last dozen years.
At Dodge & Cox, which is in the habit of closing funds, the $28 billion International Stock fund (97% of that cash arriving in the last three years) is likely to follow.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com