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Mr. Edelen argues that for this group of fund managers, even a proxy portfolio reveals too much.
Somerset paid £2million to a group of fund managers including Jupiter Asset Management, Aviva Investors and JP Morgan.
In the context of The DAO, if its tokens had enabled their holders only to elect a group of fund managers who determined which investment proposals to fund, The DAO could have been structured as a business trust.
Mortgage servicers got a shock in October when a group of fund managers and others (including the Federal Reserve Bank of New York) threatened legal action against BofA over $47 billion of bonds formerly serviced by Countrywide.
Drawing on Warren Buffett's observation that it cannot be a coincidence that a group of investors taught by Benjamin Graham can make above average returns, Mr Mallaby presents original research on the performance of a group of fund managers who worked with Julian Robertson at Tiger Management, and similarly reveals superior returns.
Some investors may not have the performance record or experience that a group of fund contributors require to trust the investor with managing their hard-earned money.
Similar(53)
He has secretly drawn up a plan for a new group of fund-raisers: the Wagoneers.
A small group of fund-raisers is also scheduled to meet with Mrs. Clinton in Washington next week.
On Thursday Philip Shenon reported in The Times that Mr. Thompson welcomed a group of fund-raisers in his office for what was billed as a legislative update.
"Not for Mitt, but if he can keep this group of fund-raisers together, that's a powerful calling card to Jeb Bush or Chris Christie".
Conservative politicians and talk-show hosts are still clamoring for him to jump in, and he has agreed to meet this month with a group of fund-raisers from Iowa who want to persuade him.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com