Jul 9, 2023 15:39
11 mos ago
24 viewers *
Italian term

Fondi chiusi delegati

Italian to English Bus/Financial Finance (general)
Good afternoon,

I'm aware that 'fondi chiusi' are 'closed-end funds' but haven't seen it with 'delegati'. Is it basically another way of saying that these are 'managed' funds? Can I omit 'delegati' as it already mentions 'alternative asset management' or do I need the word 'delegated'? It appears in a list of bullet points of items that have affected the company's financial statements.

- le iniziative di investimento finanziario in fondi chiusi delegati di Alternative asset management,

My draft: "financial investment initiatives in delegated closed-end funds that fall with the alternative asset management category"?

Thanks for any help.

Proposed translations

+1
37 mins

sub-advised closed-end funds

financial investment initiatives (or only financial investments) in alternative asset management sub-advised closed-end funds
Peer comment(s):

agree Linda Thody : concordo
3 days 18 hrs
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55 mins
Italian term (edited): fondo chiuso delegato

outsourced, closed-ended fund/s

Not a good idea to 'leave out (delegated) when in doubt' as may give the impression of a principal, 'resident' and perhaps top-tier insourcing fund.

I'm sure this has come up before on ProZ in Italian or another Romance lingo, but can't find the link. Anway, I had already added an 'outsourcing' entry to Garzanti dictionary dull-thud 'translations'.

No need to dwell on the mechanics or benefits of outsourcing, though someone else may care to take that ball and run with it.
Example sentence:

insourcing investment activities has several potential benefits, such as reducing management costs for certain strategies, providing access to certain opportunities that wouldn’t have been available without internal capabilities

Peer comment(s):

neutral Andrew Bramhall : A double past participle adjective?
16 hrs
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