由于兼并和破产，慈善业也要努力从签订了合同的捐赠者基金会里争夺钱款。

Charities are also competing for money from a donor base that is contracting because of mergers and bankruptcies.

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合并和兼并很可能会加速，尤其是因为一些小的组合基金可能不得不将自己出售。

Mergers and acquisitions are likely to pick up, not least because some smaller funds of funds may have to put themselves up for sale.

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