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She said QIC's typical funds exposure to coal, oil and gas companies was 10%, which, if extended to QUT's investments, would amount to $30m.
Unlike the mundane Class A, B and C labels of typical funds, its three are Bordeaux Crus, Burgundy Crus and World Crus, referring to where the wines were produced.
While typical funds were up 50% or so in 2003, they posted slightly negative results for the five-year period.
Similar(57)
Some of the incubated hedge funds will provide investors with more information than the typical fund.
Prisma is also more active than the typical fund of funds.
A typical fund of funds charges 1 percent of assets and takes 10 percent of profit.
The typical fund must hold a significant amount of cash so that it can meet redemptions.
Their remarks instead ignored that ugly episode entirely and stuck to typical fund-raising chatter.
The typical fund has lost 4 percent this year through November, according to Hedge Fund Research.
But a typical fund of funds will own two to three dozen hedge funds, many of them with different strategies.
"It's just the typical fund-raiser," he told her, according to the aide who drove that night.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com