But it has yet to reach the heights seen in 2002, or when Long-Term Capital Management, a hedge fund, was being rescued in 1998.

但是还没有到达2002所达到年的高度，也没有达到1998年长期资本管理公司(一家对冲基金)被救起时的高度。

youdao

There were bumps along the way, such as the near-collapse of Long-Term Capital Management (LTCM), a hedge fund, and the dotcom bust, but each time markets recovered relatively quickly.

前进的道路上亦有坎坷，比如说长期资本管理公司（LTCM）和对冲基金的近乎崩溃，网络泡沫，但是每一次，市场总能快速恢复。

youdao

Also, the desire of pension-fund managers to buy long-term assets to match their payout commitments has led them into most parts of the credit market.

而且，养老金管理人想购买长期资产来于他们的支付约定想匹配的想法已经使他们进入到信贷市场的绝大部分。

youdao

Long-term Capital Management was a big hedge fund that failed in 1998 and got bailed out by the Fed.

长期资本管理公司,是一个1998年失败了的对冲基金8,并且被美联储保释了。

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That kind of long term stability is what long-term fund managers and institutional investors look for.

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Second and more important, most private-sector workers belong to a state-pension scheme in which today's contributions, instead of going into a long-term investment fund, are used to pay today's pensions.

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The Vanguard Long-Term Tax Exempt Fund today is yielding 4.8%, or about 4.6% after state taxes (depending on where you live).

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