BVI slams proposed abolition of German open-ended funds

By A staff reporter 2012-08-20T00:00:00

German fund industry assocation BVI has criticised the proposed abolition of open-ended real estate funds as part of the implementation of the AIFM Directive into German law as detrimental to small investors. In a statement published on Monday, BVI chief Thomas Richter said that a ban on new open-ended funds ...

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