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Collective trust fund. Collective trust funds or Collective Investment Trusts (CITs) are a legal trust administered by a bank or trust company that combines assets for multiple investors who meet specific requirements set forth in the fund’s declaration of trust. [1] Typically, a collective trust pools assets from corporate and governmental ...
The U.S. government also gained control of half the seats in the board of directors, and the senior management was subjected to removal by the US government if there were poor performance. By December 2009, the U.S. government stake was reduced from a 36% stake to a 27% stake, after Citigroup sold $21 billion of common shares and equity in the ...
Art Fund (formerly the National Art Collections Fund) is an independent membership-based British charity, which raises funds to aid the acquisition of artworks for the nation. It gives grants and acts as a channel for many gifts and bequests, as well as lobbying on behalf of museums and galleries and their users.
Manning & Napier Adds New Class with Zero Revenue Share to Pro-Mix® CIT Fund Family New unit class offers greater transparency for plan sponsors and participants FAIRPORT, N.Y.--(BUSINESS WIRE ...
The Center for Information Technology ( CIT) is one of the 27 institutes and centers that compose the National Institutes of Health (NIH), an agency of the U.S. Department of Health and Human Services (HHS), a cabinet-level department of the Executive Branch of the United States Federal Government. Originating in 1954 as a central processing ...
The CollegeInsider.com Postseason Tournament (CIT) is an American men's college basketball postseason tournament founded by CollegeInsider.com.The tournament is oriented toward teams that did not get selected for the NCAA Division I men's basketball tournament or National Invitation Tournament (NIT) that reside outside of the "major conferences" (defined by CollegeInsider.com as the Power Five ...
CIT Group (CIT), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring , cash management , treasury management , mortgage loans , Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...
Diann Shipione, a former trustee of the San Diego, California Employees' Retirement System pension board, is credited with exposing unlawful underfunding of the pension fund to the media. In 2002 Shipione, as a pension board trustee, raised concerns [5] to the San Diego Mayor and City Council about a proposal that would essentially reduce money ...
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