Kanam liquidates US-grundinvest fund

By A staff reporter 2010-09-30T00:00:00

German fund manager Kanam said on Thursday it is winding up its US-grundinvest fund in response to demands from a majority of unit holders in Germany's only dollar-denominated open-ended fund. Fund holders will be reimbursed to the tune of $250 mln (EUR 184 mln) before the end of the year ...

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