Sentences with phrase «for fundholders»
This allows them to keep more money working for their fundholders.
https://www.thebalance.com/ Not exact matches
In» 87, when Lynch was running the Magellan Fund, he had to deal with clients clamoring for redemptions — even though Lynch had the impulse to make sweeping investments, he had to deal with fundholders that were thinking, «My $ 100,000 is now just $ 80,000, screw that, I'm outta here» and acting on it by cashing out of the Magellan.
The remaining fundholders should be grateful for them doing this now, though it would have been better to act sooner.