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What's in store? Monolithic, one-stop fund companies must come to terms with what they've become: huge marketing machines and rather indifferent money managers. Their best hope may be to buy portfolio management from specialists to boost their sickly performance, as American Express Co. did recently when it hired Mario Gabelli, Pilgrim Baxter & Associates, and Wellington Management to run a smattering of new funds. But they'll also have to restore confidence. That means, for example, closing large funds before the volume of new assets swamps performance. And if a fund fails, they will need to return money to investors rather than merge the fund into something remotely similar, just to keep the account. Some outfits have got the message already. When it liquidated its $500 million longleaf Partners Realty Fund in November, Longleaf Partners gave back what remained to investors, saying the shrinking market in real estate stocks was too small to make profits.

The main idea of the paragraph

In the future the big fund companies must come to terms with the reality: huge marketing machines and rather indifferent money managers. Their best hope may be to buy professional portfolio management to boost their sickly performance. And if a fund fails, they will need to return money to investors rather than merge the fund into something remotely similar to keep the account.

将来，大的基金公司必须接受这一现实：庞大的营销机器和漠不关心的基金管理者。他们的最大希望也许是向投资组合专家购买服务以提升他们糟糕的业绩；另外，如果一个基金失败，基金公司应当把钱归还给投资者，而不是与一个相差万里的类似基金合并以便把钱留住。

句子分析

1、Their best hope may be to buy portfolio management from specialists to boost their sickly performance, as American Express Co. did recently when it hired Mario Gabelli, Pilgrim Baxter & Associates, and Wellington Management to run a smattering of new funds.
此句中：
　　1）Their best hope may be to buy portfolio management from specialists to boost their sickly performance是主句
　　2）as American Express Co. did recently when it hired Mario Gabelli, Pilgrim Baxter & Associates, and Wellington Management to run a smattering of new funds是方式状语从句，说明动词buy发生的方式，其中，when it hired Mario Gabelli, Pilgrim Baxter & Associates, and Wellington Management to run a smattering of new funds 是时间状语从句，说明动词did (bought)发生的时间

2、When it liquidated its $500 million Longleaf Partners Realty Fund in November, Longleaf Partners gave back what remained to investors, saying the shrinking market in real estate stocks was too small to make profits.
此句中：
　　1）Longleaf Partners gave back to investors是主句
　　2）When it liquidated its $500 million Longleaf Partners Realty Fund in November是时间状语从句，说明谓语动词gave发生的时间
　　3）what remained是宾语从句，作谓语动词gave的宾语
　　4）saying the shrinking market in real estate stocks was too small to make profits是现在分词短语，作伴随状语，说明和谓语动词gave同时发生的动作，其中的the shrinking market in real estate stocks was too small to make profits.是宾语从句，作saying的宾语

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