Translation for "dachfonds" to english
Dachfonds
Translation examples
Dieser Mann arbeitete damals für eine große Investmentbank, die ihren Kunden anbot, an einem Dachfonds-Service teilzunehmen, also einem Fonds, der sich aus Investitionen in mehrere unterschiedliche Hedgefonds zusammensetzte.
This man worked for a big investment bank, which offered clients the chance to participate in a fund-of-funds service: in other words, it offered a fund which consisted of a investments in several different hedge funds.
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