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有许多封闭式基金相对它们的基金资产净值有两位数百分比的折扣。
There are numerous closed-end muni funds trading at double-digit percentage discounts to their NAVs.
然而,他们更加同情业界的关注:投资者避开浮动基金资产净值,使得借贷人举步蹒跚。
But they have grown more sympathetic to industry concerns that investors would shun floating-NAV funds, leaving borrowers in the lurch.
Jen先生认为40%的基金资产都将是美元,对应美元占他们国家的外汇储备的60%。
Mr Jen reckons about 40% of the funds' assets will be in dollars, compared with 60% of their countries' reserves.
How are managers going to behave in an asset class where things are efficiently priced?
在面对有效定价的资产时,基金经理会怎么做呢
The endowment is defined as the financial assets that Yale University owns.
这笔基金是耶鲁大学拥有的,金融资产
Then when we look at the statistics, all we see are a lot of assets in the fund that performed well and the underperforming fund that was merged out of existence isn't there anymore.
于是当我们去查阅统计资料时,只能看到资产规模巨大且运作良好的基金,那些运作不佳的基金,随着合并与它的纪录一起消失了
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