The proliferation of funds in Europe points to another problem: the paradox of scale.

基金在欧洲的迅速蔓延导致了另一个问题：规模悖论。

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Because of the proliferation of funds in the market, many asset management institutions with insufficient professional judgment can also keep a foothold in the asset management market.

由于市场资金泛滥，不少专业判断能力不足的资管机构也能立足于资管市场。

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LET'S FACE IT: Buying a mutual fund can be a pretty confusing business these days, what with the proliferation of funds, fund families and fund surveys.

FORBES: Mutual fund supermarkets

The Wall Street public pension trough feeding frenzy has, unbeknownst to taxpayers and government workers participating in these funds, cost the nation trillions and is only getting worse with the proliferation of hedge funds and private equity alternative investments.

FORBES: CalPERS Criminal Prosecutions Needed To End Public Pension Fraud

The proliferation of new funds lures investors into chasing star managers with disastrous results, since investment performance tends to revert to the mean.

ECONOMIST: Buttonwood