Monday, February 4, 2008

Another property fund shuts up shop

Axa takes action to protect property funds

The list grows...."What has surprised [these funds] is the pace of the downswing." It will be interesting to see what happens in six months time if things don't "settle down" as all these managers are hoping...will they let their investors cash in, or will they extend the lock-up?

Posted by jackas @ 10:24 PM (417 views)
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