Pooling of fund assets

In an ideal world, the perfect situation for a fund promoter would be to have a single investment fund adaptable to the requirements of his target client, be they institutional or retail, and irrespective of the latter's country of domicile. As the business has seen down the years, structures which have been successful in a certain environment and which the promoter has then tried to adapt for a different market segment have rarely been successful in their new guise. On the other hand, promoters who have tried to create made-to-measure funds according to each investor profile have often fou...