A second $1 million raised for the effort will soon be invested in funds run by local and other venture firms.
At least that is the general perception about the 1,700 mutual funds run by banks.
If gentle persuasion was not enough, he also invested in hedge funds run by the same fund companies.
"They are not going to give funds run by the districts."
Most citizens entrusted their shares to mutual funds run by banks.
The companies were particularly unwilling to give to a fund run by the United Nations, the officials said.
First is a package of funds run by one company.
Investors who own shares of funds run by these companies should watch how they vote on Wednesday.
So more and more fund companies are taking advantage of the exemption allowed for funds run by teams.
He plans to track these portfolios for three years and then start a family of mutual funds run by the winners.