我卖掉了我的法拉利，投资了大学基金。
你的养老基金的受托人决定哪一位基金经理将投资你部分或所有的未来收入。
The trustees of your pension fund decide which fund manager will invest some or all of your future income.
比尔和梅琳达·盖茨基金会在一定程度上促进了小型学校的发展，该基金会已为美国学校投资18亿美元，帮助开设了大约1000所小型学校。
Small?school has been fostered, in part, by the Bill and Melinda Gates Foundation, which has invested $1.8 billion in American schools, helping?to?open?about 1,000 small?schools.
比尔和梅琳达·盖茨基金会在一定程度上促进了小型学校的发展，该基金会已为美国学校投资18亿美元，帮助开设了大约1000所小型学校。
Small school has been fostered, in part, by the Bill and Melinda Gates Foundation, which has invested $1.8 billion in American schools, helping to open about 1,000 small schools.
不，你不是那些彻底失败的对冲基金中某一家的投资者。
No, you're not an investor in one of those hedge funds that failed completely.
如果它们的融资成本上升，它们将不得不削减供应或提高对冲基金等重要投资者的融资成本。
If the cost of their finance goes up, they will have either to cut the supply or raise the cost of finance to important investors such as hedge funds.
萨默斯是否会由于花在这家对冲基金、它的投资者，以及主权财富基金的时间太长久，以至于他开始想他们所想？
Did Summers spend so much time with the hedge fund, or its investors, sovereign wealth funds and so on, that he started to think like them?
基金还加大了对报道系统的投入，以帮助说服投资者。
Funds have also invested more in reporting systems to help woo investors.
对冲基金的增长可能可以超过这些成本增长；小投资者则不然。
Hedge funds may be able to rise above these costs; small investors will not.
对冲基金的设立是为了从投资者那里得到更多资金。
Hedge funds are designed to take in more and more investors' money.
能够及时嗅出舞弊的对冲基金也会有利于其他投资者。
Hedge funds sniffing out fraud will be good for other investors, too.
他们将对投资者关闭这些热门基金，同时尽量掩盖其中的费用问题。
They'll close hot funds to new investors; they'll try to keep a lid on fees.
共同基金投资者们一直等着市场的反弹的到来。
Mutual fund investors waited and waited for a rebound to come.
同时，增加的迹象表明当其他人退出时有更少的投资者转向对冲基金。
Meanwhile, there are growing indications that fewer investors are shifting into hedge funds while others are pulling out.
到第二只基金设立的时候，许多诸如养老金基金以及银行之类的谨慎的投资者也准备投入资金。
By the time the second fund was established, more cautious investors, such as pension funds and Banks, were prepared to put money into it.
但是这也揭示了投资者对于那些积极管理型的新兴市场基金的偏好。
But it also reveals an investor preference for those actively managed emerging market funds.
的确，不只对冲基金开始赢得心系社会的投资者的赞许。
Indeed, it is not just hedge funds that are starting to win plaudits from socially minded investors.
最早的问题出现在超短期债券基金上，许多投资者认为这种基金的安全程度堪比现金。
Some of the first cracks appeared among ultrashort bond funds, which many investors regarded as almost as safe as cash.
但是他承认共同基金扩大了AQR投资者的基数。
But he admits that they help broaden AQR's base of investors.
您曾坚持认为“离岸基金的投资人希望提高透明度。”
You have stated that "Investors in offshore funds want transparency."
而且对冲基金在保护投资者上能起到很好的作用。
And the hedge funds have done a good job of protecting investors.
经理过去按季度向投资者提供最新信息，只告知投资者基金的业绩；现在，经理煞费苦心地解释基金的策略。
Managers used to update investors quarterly only to inform them of the fund’s performance; now they take pains to explain the fund’s strategy.
也许当初对于某些投资者，譬如抚恤基金投资者等，一定得购买最佳债券才是有意义的。
Perhaps back then it made sense for some investors, such as pension funds, to be obliged to buy top-rated bonds.
然而，更可能的是，先前的投资者转而投向对冲基金。大的对冲基金会更大，从而对市场产生更大影响。
It is more likely, however, that the prop traders will move to hedge funds. The big hedge funds will get bigger and will have more impact on the markets.
因此，最畅销的基金往往收费最高。其他条件相同的情况下，对投资者来说，这种基金是最糟糕的交易。
As a result the bestselling funds often have the highest charges; other things being equal, they represent the worst deal for investors.
首席基金经理通常也是最大的投资者，其酬劳也取决于基金的获利表现。
The main fund manager is usually the largest investor and remuneration depends on the fund performing profitably.
首席基金经理通常也是最大的投资者，其酬劳也取决于基金的获利表现。
The main fund manager is usually the largest investor and remuneration depends on the fund performing profitably.
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