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The quandary was an acutely stressful version of the ancient mutual fund issue of turnover.
Batstone-Carr said this was "quite a nice idea", that might address the hedge fund issue.
International agencies, particularly the International Monetary Fund, issue regular protests, pressing for prices to be harmonised across the region.
Jeremy Batstone-Carr, head of research at Charles Stanley, said raising the success threshold to 60% was "quite a nice idea that might address the hedge fund issue".
J. Steven Griles, the deputy interior secretary, who manages the trust fund issue, said: "Nobody has shown me that there has been a loss.
Just before leaving his academic position at the Peterson Institute for International Economics, Mr. Truman proposed that the fund issue $250 billion in S.D.R.'s on a one-time basis to be allocated to all its members, as another way of increasing its resources.
Similar(51)
Mr. Shelby has held nine hearings on mutual fund issues.
The fund issued a carefully worded statement neither supporting nor rejecting the bid.
Another indicator will come Monday, when the International Monetary Fund issues its own report on the Spanish banking sector.
In June, the fund issued a report saying it was witnessing an "avalanche of serious environmental losses".
Now he is definitely on the back foot after the fund issued its precise point-by-point rebuttal yesterday.
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