Wednesday, March 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.

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 (473 views)
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One thought on “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.

  • japanese uncle says:

    Another ‘run’ in slow-motion.

    Reply
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