My understanding is that these are "seed" investments in their own funds. Values went up, and later fell, so value of these investments had to be written down.The losses are unrealised and had no impact on cash earnings. But it does show that performance of the funds can impact them as holders as well as managers.
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1 | 2800 | 1.045 |
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Price($) | Vol. | No. |
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1.080 | 138555 | 10 |
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