Assets in hedge funds have increased 3,000 percent since 1990 with almost 9,000 funds now entrusted with $1.2 billion of capital.
He speculated, lost his own fortune and funds entrusted to him by poor seafaring men, and died disgraced, leav- ing his children nothing.
For example, law firm accounting includes trust accounts for disbursing funds entrusted to the law firm by each client for the client's benefit.
It is DOI's principal publication and report to Congress and the American people on the leadership, stewardship, and management of the public funds entrusted to us.
Officially known as the Institute for Religious Works, the Vatican bank manages the Holy See's financial investments and oversees funds entrusted to it by religious orders and individuals.
These professionals are well aware that the funds entrusted in their care have shriveled alarmingly in the last three years.
"A bank's service to the community involves the stewardship of funds entrusted to it by all segments of the community," he told The New York Times in 1975.
Fisher had badly mis-managed funds and assets entrusted to him, with Prince Solms lending more money to the expedition.
Apart from running its own grantmaking programs, the Foundation also administers funds entrusted by companies and individuals.
For almost a decade since he had started his own banking system, Hans Zeinick had parlayed the illegal funds entrusted to him into huge fortunes.