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But their desire to keep the fund going persisted.
It is the ministry's cautious bureaucrats that keep the fund so averse to risk-taking.
To keep the fund operating, in January 2012 billionaire Bill Gates donated $750 million.
He said he thought Merrill would keep the fund alive if it were more popular.
Standard Life reviewed the closure after 28 days and decided to keep the fund closed.
Instead, it will keep the fund to its usual size, $425 million.
Similar(20)
Mr. Romney seems to be taking pains to keep the fund-raiser under wraps.
His aides decided to keep the fund-raiser closed to the news media last night, after considering opening it for coverage, and canceled a campaign event planned for this afternoon before a Democratic debate in New Hampshire.
There is plenty to keep the funds busy.
Usually these are, nevertheless, sufficient to keep the funding flowing.
McAuliffe has said he is confident the General Assembly will keep the funds flush.
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