Start Fund shocked Silicon Valley in January when they announced that they'd offer every new Y Combinator startup $150,000, site unseen and without any due diligence.
The authors describe the process in this way: "Global funds substantially alter portfolio allocations in emerging markets in response to funding shocks from their investor base".
The record surplus, in official figures published by the Higher Education Statistics Agency (Hesa), follows two previous years of billion-pound surpluses within English higher education, encouraged by regulators at the Higher Education Funding Council for England to protect against future funding shocks.
While our roads, subways, water supply, electricity, and other staples of life are still in decent shape, it would take only a handful of large funding shocks for all of that to sink into disrepair, and eventually into meaninglessness; and if we go down the path that the GOP wants us to, this is exactly what will happen within a few decades.
Late last year, agents at the Federal Bureau of Investigation conducted simultaneous raids of three large hedge funds, sending shock waves across Wall Street.
If you live longer than expected, spend too much, or a stock market shock hits your fund, you could run out of money.
Kat had worked in the financial markets for almost fifteen years, but what he learned about hedge-fund fees shocked him.
If their money continues to pour into technology and aggressive-growth funds, the shocks of April and May may well register as only a breather in the aging bull market.
Many hedge funds were shocked to find out that the British process was nothing like the S.I.P.A. process in the United States, and that its claims would be settled as part of a process that looked more like a Chapter 7 liquidation than either a S.I.P.A. or Chapter 11 case.
Today's King's Fund figures are shocking.
Mr. Rosenberg said fund managers were shocked by the discovery of Mr. Hsu's past legal troubles.
