Meanwhile, some investment-minded observers among those who do not support privatization, point out potential pitfalls to the Trust Fund's undiversified portfolio, containing only treasuries.
22.
"We're not meeting our fiduciary responsibility by having an undiversified portfolio, " said the state treasurer, John E . McCormac, in a telephone interview after the vote.
23.
One of the major problems with counting on your home as your portfolio's main exposure to real estate is that it is a single, very undiversified asset, cautions Augustine.
24.
"These were unhealthy places to begin with, because they're undiversified economies that are relying on manufacturing sectors which are not competitive in a global economy, " he added.
25.
Nevertheless, Blackpool's urban fabric and economy remains relatively undiversified, and firmly rooted in the tourism sector, and the borough's seafront continues to attract millions of visitors every year.
26.
When the self attributes comprising the self-concept constitute a well-diversified portfolio, then psychological outcomes at the level of the individual such as mood and self-esteem should be more stable than when the self-concept is undiversified.
27.
"This transaction makes a lot of strategic sense for both firms because each was fairly undiversified, " said Neil Epstein, director of research at Putnam, Lovell & Thornton Inc ., an investment bank that tracks the money management industry.
