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G.O.: Welfare Funds Control Dept., 1966-72.
If funds control players on opposing teams, there is the appearance of conflict of interest.
Hedge Fund Intelligence, a data provider, reckons the top 20 funds control a third of the industry's assets.
While that would not give the funds control, it would give them a place inside the company to push for management changes.
Public pension funds control approximately $4.2 trillion in assets, a prime target for a mutual fund adviser looking to increase the size of its equity index funds.
Three of his former lieutenants were convicted (with suspended jail sentences) of having broken the Political Funds Control Law, to observers' surprise.
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His firm, The Reserve Funds, controls $13 billion in investments, including Mr. Suozzi's mother's.
It was financed with $130 million from several institutions, led by funds controlled by the financier George Soros.
The schemes were operated by numerous funds controlled by the insured and their employers.
Investment funds controlled by Mr. Icahn hold about 59 million shares and options, or about 4.28percentt of the company.
Other pension funds controlling a smaller number of combined shares declared themselves in favor of the purchase.
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