Wednesday, Mar 12, 2008
Fund manager ING New Zealand has suspended withdrawals from two of its funds after 400 investors demanded their money back, fearing they could become victims of the global financial crisis.
stuff.co.nz: ING suspends withdrawals from two funds
More than 8000 investors have $400 million in the two funds.
No other funds were affected.
Posted by chris @ 01:01 AM (207 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. japanese uncle said...
Another 'run' in slow-motion.