PropertyEU

German funds re-live redemption nightmare

By A staff reporter 2008-11-03T00:00:00

Germany's open-ended funds are getting an unwelcome blast from the past. As turbulence in global financial markets intensifies, some funds are starting to halt redemptions following panic withdrawals, in a scenario that is eerily reminiscent of the mass withdrawals from the country's open-ended funds at the end of 2005 into ...

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