a fund that invests only in a particular industry would be a hedge fund.
a fund that invests only in a particular industry would be a hedge fund.
a fund that invests only in a particular industry would be a?
hedge fund
a fund of hedge funds is a fund of funds that invests in a portfolio of different hedge funds to provide broad exposure to the hedge fund industry and to diversify the risks associated with a single investment fund. funds of hedge funds select hedge fund managers and construct portfolios based upon those selections. the fund of hedge funds is responsible for hiring and firing the managers in the fund. some funds of hedge funds might have only one hedge fund in them, which lets ordinary investors into a highly acclaimed fund, or many hedge funds.
fund of funds
copyright societies operate by acquiring the right to license works from the owners and then negotiating and licensing the works to others. they usually operate in one particular industry and try to acquire the works of all the authors dealing in that particular industry. the tariffs decided by copyright societies are based on the kind of event or venue of the licensee and usually allow the licensee to access the entire repertoire of works available with the copyright society. the royalty distributed to the owners is based on their market influence and demand for their works. reduction of transaction costs and other benefits of collective management can be realised only when the copyright society has control over all or most of the copyrighted works in a particular industry. for example, gema (german organization) is the copyright society that enjoys a monopoly in the music industry of germany and has one of the most effective and lucrative music copyright administration systems.
copyright collective