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Are more funds expected to close?
The company said Mr. Lampert's hedge funds expected to participate and exercise their rights in full.
The Democrats had long opposed using surplus funds expected next year to pay for those items.
It said most funds expected to reduce their deficits within 10 years, but 15 years may be more realistic.
But a financial crisis caused in part by a shortfall in funds expected from international donors has forced Mr. Fayyad to introduce austerity measures.
The provision concerning divisions was, therefore, an integral part of the machinery for distributing the funds expected to be raised by the new ratefixing sections.
Similar(42)
But hedge funds expect higher returns.
Specialists in exchange-traded funds expect demand for these issues to be strong.
Barclays, which manages $624 billion in index funds, expects to start 47 of these exchange-traded funds beginning this week.
BLOOMBERG NEWS Hedge Funds Are Optimistic About Greek Debt Holdings | Talk of a Greek debt restructuring has some hedge funds expecting significant gains from their Greek bonds, Reuters reports.
Some states borrowed money to put in pension funds, expecting profits from investments to more than cover the interest on the bonds.
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