Even though more money was removed out of stock funds in July as in any month since October 1987, sales of fund shares in July were not as low as an industry trade group had previously estimated.
尽管7月从股票型基金中撤出的资金达到1987年10月以来的最高水平,但7月基金份额的销售并不像某行业协会此前估计的那么低。
As with any private industry in receipt of almost unlimited cheap public funds, finance now has every incentive to be as big as possible-beyond the point of usefulness.
正如私有行业正受到无限制、廉价的共同资金一样,金融业受到的每一个刺激都是让他变得更大- - -远非有用那么简单。
This failure of due diligence by so many funds of funds will deal the industry a blow.
如此多的基金的基金所作的尽职调查都失败了,给整个行业敲响了警钟。
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