The longstanding argument against big funds is that, by owning many different stocks, they have become too widely diversified for their performances to deviate much from the overall market.
This enterprise, backed by the Martineau family, set out to produce vitriol, but as Taylor & Martineau became widely diversified.
Their medium is colored glass fused to metal, but their techniques are widely diversified.
Looking at religion, it is widely diversified with unrecorded consensus has it that majority are embracing Christianity, while some are still sticking to animism.
At the moment, the nursing home industry remains widely diversified: The 20 largest chains operate just 18 percent of the homes, but that is expected to change.
While some futures funds concentrate in one type of futures instrument, like oil contracts, many are widely diversified in contracts worldwide.
Most cable companies are widely diversified in telecommunications and entertainment.
But I believe that today, an industrial group has to be widely diversified.
Some of the funds are widely diversified.
The losses represent a small fraction of the $112 billion fund, which is widely diversified.