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For example, many school districts receive more than 20percentt of their funds from Department-funded programs.
They must publicly account for the sources of their funds".
In their last year in charge of their funds, these neophytes underperformed the veterans.
Given the size of their funds, this was a perfectly reasonable plan.
Mr. Rajan has twice raised the rate at which commercial banks borrow part of their funds.
In May, executives at the fund announced they were getting rid of most of their funds.
Intermediaries must raise the vast bulk of their funds for risky investments from run-proof securities.
Similarly, foundations such as Atlantic Philanthropies spend out – using up all of their funds at once.
"People do not take enough notice of their funds and how their pension money is invested.
The investors are asking for the return of their funds, plus compensation for lost profits.
A third of their funds – £13bn – come from government, mostly from local authorities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com