Primarily because they offer consistency and better performance than a single large-company fund.
"It's becoming harder to get the public interested in a single fund," he added.
"It is irrelevant for investors to focus on a single fund's assets," he said.
Yes, vast: this single fund has $56 billion invested.
For quite some time it was the single largest mutual fund in the world.
Better yet, all the money might go into a single fund and be allocated jointly by the political leaders of both communities.
It will merge three venture capital funds into a single fund.
We also wish to question the allocation of this money to a single international fund.
The European Union cannot provide such opportunities from a single fund.
Ideally, we should have a single fund, which ought to include structural funds, as well.