Alex also paid tribute to the Teenage Cancer Trust Unit at the University Hospital of Wales, Cardiff.
Consider the Odey Continental European Trust, a British unit trust run by Hugh Hendry, who is also a hedge-fund manager.
Also in 1998 it bought the trust banking unit of bankrupt Yamaichi and went into the banking business.
Yes, some are banks, but they are banks with large mutual fund (or unit trust) operations.
Take TotalFina, one of his largest positions in both the hedge fund and the unit trust.
The Buy Korea Renaissance Equity Unit Trust, which limits exposure to equities at 50% of its assets, gained 13.9%.
Citic Trust is a unit of Chinese financial conglomerate Citic Group Corp.
One way of looking at these is as if they are a unit trust (in English) or a mutual fund (in American).
But according to the Investment Management Association, the British fund-management industry's trade body, an equity unit trust has to have 80% in equities.
But income from the unit trust business is expected to grow twice as fast as that from the life business over the next five years.
The Buy Korea Napoleon Equity Unit Trust, which invests up to 90% of its assets in stocks, is up 24% in the past 10 weeks.
Based on the IPO price, the trust's unit holders will receive distribution yields of about 5.6% for the year ending March 2014 and 6.1% for the following year.
The financial planners particularly like Charitable Remainder Unit Trust (CRUTS).
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The hospital trust said the unit had been "exceptionally busy".
Earlier this year, Mr Hendry put a third of the unit trust's money in German bonds because at that point he could not find many stocks that were going up.
Speculation was heightened on Monday late afternoon when it transpired that Deutsche Bank's (nyse: DB - news - people )'s unit trust, DWS Institutional, was holding a 2.07% stake in Capitalia.
The trust's eye unit is believed to be one of only 10 national eye retrieval centres.
We mostly traded Ginnie Mae funds and made markets in unit investment trust products.
This was the cornerstone of a new financial-services division, also selling personal loans, insurance and unit-trust investments.
Unit-trust assets now represent only one-eighth of the life industry's total assets, says Arnold Basserabie, head of Fedsure, which owns a big life insurer.
The Breast Cancer Unit Support Trust (Bust) - a charity founded by patients for patients - have been consulted at each stage of the planning process.
Since the intention of the study was to judge how well unit-trust managers performed (rather than answer the slightly different question of how well investors did), the harmful impact of costs associated with buying into the funds, a big issue in Britain, was eliminated.
The first big fund to outsource was PIMCO back around 2000, said Pete Cherecwich, head of global fund services business unit at Northern Trust.
Worcestershire Acute Hospitals NHS Trust announced proposals to downgrade the unit at Alexandra Hospital in June, as part of a shake of NHS services.
But the unit failed to win the trust of some of the bank's employees.
Morecambe Bay Hospitals Trust said levels of sickness at the unit were so high the safety of patients could not be guaranteed.
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In a statement, University Hospitals of Morecambe Bay NHS Foundation Trust said work to improve the breast unit at Furness General Hospital would be starting shortly.
In an answer to a written assembly question on the issue health minister Brian Gibbons said the trust's business case for the unit was expected this month.
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Cumbria Police are currently investigating the deaths of a number of babies at the unit, and a heath trust spokesman said sickness levels had risen since the inquiry began.
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