The British commercial-property market has already shown signs of cracking, as recently became clear when a fund run by New Star Asset Management marked its assets down by 18%.

英国商业房产市场已有崩盘的迹象，而最近新星资产管理公司运营的一家基金把它的资产调低了18%，迹象变得明显。

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With $3.4 trillion of assets under management, allowing a run on money-market funds was unthinkable.

由于货币市场基金管理着$3.4万亿的资产，让一家基金倒闭后果将不堪设想。

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Commercial Banks are forced to carry out assets management by the internationalization of financial market, the prevention of financial risk of Commercial Banks and the convertion of Bank crisis.

金融市场的国际化，商业银行防范金融风险，化解银行危机等要求商业银行推行资产的风险管理。

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There are five main gold-mining ETFs, with the biggest by assets under management being the Market Vectors Gold Miners ETF (GDX).

FORBES: Junior-Miner ETF Sees Strong Inflows, May Be Leveraged Play On Higher Gold Prices -- Magoon Capital

Some of these leveraged ETFs were introduced in November 2008, including the Direxion 3X Daily Bull Fund (NYSE: FAS) and Direxion 3X Daily Bear Fund (NYSE: FAZ), and these funds could not have had the assets under management to really affect market moves to the extent we were seeing in late 2008, and 2009.

FORBES: A Retort to Andrew Ross Sorkin on ETFs

This reflects the growth of firms' funding needs after the financial crisis, the increase in institutional investors' assets under management, declining interest rates and market reforms.

ECONOMIST: Economics focus