PropertyEU

German funds extend ban on redemptions

By A staff reporter 2009-01-29T00:00:00

Germany's open-ended funds are opting to keep the hatches battened down a while longer as the financial market turbulence rages on. At end-January, half the dozen fund managers which imposed a temporary freeze on redemptions last October said they were extending the ban for a further nine months. Crédit Suisse ...

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