and zenu was put in charge.ards anywhere in the world. but it — what was transfer and for the people of angola was that the only criteria when he was selected, it was because he was the son of the president. he had no special training, no experience, and no special qualifications. the fund appointed a company called quantum global to manage its money. it is majority—owned byjean—claude bastos, a swiss—angolan businessman who is a close friend and at that time was a business partner of zenu. we see only one asset management firm in charge of the vast majority of the fund's assets. that's unusual. and it's unusual for a number of reasons. and the principal one is that funds want to hedge the risk. you don't want to put all your eggs in one basket. you want to spread your eggs over a number of baskets. in general, the angolan fund, and i think this is true of a lot of the funds that sort of score poorly on transparency and accountability indicators, one of the things that they have in common is the lack of rules ar

and zenu was put in charge.ld. but what was transparent for the people of angola was that the only criteria why he was selected, it was because he was the son of the president. he had no training, no experience, no special qualifications. the fund appointed a company called quantum global to manage its money. it is majority—owned byjean—claude bastos, a swiss—angolan businessman who is a close friend and at that time was a business partner of zenu. we see only one asset management firm in charge of the vast majority of the fund's assets. that's unusual. and it's unusual for a number of reasons. and the principal one is that funds want to hedge the risk. you don't want to put all your eggs in one basket. you want to spread your eggs over a number of baskets. in general, the angolan fund, and i think this is true of a lot of the funds that sort of score poorly on transparency and accountability indicators, one of the things that they have in common is the lack of rules around who the managers are, how the managers