The decline in proprietary investments would most likely lead to the same funds then being employed towards gradually reducing liabilities (debt), making the company leaner.
Board members, mayors, labor lawyers employed by the funds, independent consultants and others met with us regarding consultant abuses in cities such as Hallandale Beach and Sunrise.
Narayan Naik at the London Business School says that there is only a limited number of market inefficiencies that can be exploited through the various strategies employed by the funds.