It may be a dreadful piece of jargon to many, but the outsourced model is simply a mixture of two well-established fund of fund management techniques
Almost everybody claims to hate jargon, yet almost everybody uses it. George Orwell's 1946 essay, "Politics and the English Language", is still relevant today. He discussed the invention of phrases to sanitise war, murder and oppression in political discourse. Nothing has changed. While Orwell attacked euphemistic phrases like "pacification", "rectification of frontiers" and "elimination of unreliable elements", all of which were applied to murder, imprisonment and displacement, leaders today speak of "extraordinary rendition", "ethnic cleansing" and "collateral damage". The business worl...
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