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Even fund managers who reveal their stakes in their own funds draw the line at putting a dollar value on the investments.
"Today, SRI is as much about generating good returns as it is about a company's environmental and social benefits," claims Diana Propper de Callejon at Critical Resources, a venture-capital fund that invests in environmentally benign companies.Still, the fuzziness of the concept remains a problem, even though funds draw up rules for "screening" companies.
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With access to public funds drawn from the oil industry, public banks are well capitalized.
Russian equity funds drew record amounts at the end of October, according to EPFR Global.
"These were nothing more than funds drawn from his own bank account, disguised as donations from others," Ms. Galligan said.
Moreover, the housing finance giants are saddled with a 10 percent dividend on any funds drawn from the Treasury.
The prospect of future scarcity attracted both wealthy governments lacking the arable land needed to feed their own people and hedge funds drawn to a dwindling commodity.
Mr. Kanze recalled that he and his wife entertained thoughts of never leaving, but family ties and dwindling funds drew them back to America.
As has been the case in past quarters, BlackRock's fast-growing exchange-traded funds drew the largest investments, taking in $15 billion for the quarter.
Among the funds drawn upon so far are not only the city's initial $24 million contribution, but also Mayor Michael R. Bloomberg's $15 million.
The relative proportions of the funds drawn from enterprises under these two headings vary; there has been a long-term tendency for the share of the turnover tax to decline and for profit transfers to increase.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com