|Italian to English translations [PRO]|
|Italian term or phrase: utilizzo compiuto|
|You will all have to be patient, this Pension fund doc is enormous, with a tight dead-line.|
Here is the context; ...il peso degli investimenti in azioni cresce di qualche punto percentuale tendendo conto dell'UTILIZZO COMPIUTO (how they have been invested ???), da parte di gestori di due fondi, di contratti derivati su indici di borsa, risultando quindi vicino a quello previsto nei benchmark fissati come portfoglio di riferimento....."
|English translation:vedi sotto|
Utilizzo compiuto here refers to the derivative contracts bought by the two fund managers. That's how I'd put it, twisting the Italian phrase a littlke bit:
...considering that the managers of two funds bought derivative contracts on Stock Exchange indices (or indexes, I often meet both forms), hence the investment in equities grew bigger by a few percentage points and got closer to the weighting of equities in the reference portfolios' benchmark...
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