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TOWER’s Wahine storm
Friday 11th of April 2008
Have you been trying to get your mind around the closure of the TOWER Mortgage Fund? I have and this is my take on it.
My immediate question, and the one readers posed to me, was whether this is another finance company or ING credit fund. While some portray it that way I think they are wrong and this is something different.
Finance company issues tend to be around asset quality, management a...
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