Exact(10)
A chart last Sunday with an article about the proliferation of hedge funds misstated the type of funds shown.
The fund industry has been in discussion with the government but insists the Treasury has not been prescriptive about the type of funds it wants established.
"I have NOT borrowed or received any type of funds from the Kabul Bank under any name for any purpose," he wrote.
Of the estimated $1 trillion invested in these type of funds, about a third of that, or $300 billion, is being managed in Connecticut, according to the Connecticut Hedge Fund Association.
These type of funds will pay a management fee to IDFC.
We long wondered what's the upper limit on these type of funds.
Similar(50)
Investors in just about any type of fund did well.
Managers of this type of fund typically avoid big bets on highly speculative debt.
What type of funding has New York City's Education Department received through Project Arts in 1997?
The other trick is to look at the type of fund.
But automatic enrollment raises other questions: Into what type of fund should employees be enrolled?
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