
News
Two more ING funds closing
Wednesday 10th of December 2008
It says that it is to wind up the $27 million Enhanced Yield Fund (EYF) and the $8 million Credit Opportunities Fund (COF).
ING NZ chief executive Helen Troup says there is no investor demand for credit funds, and some such as the COF were seeing large levels of redemptions. For instance ING received redemption requests worth $1 million for the EYF fund on Tuesday.
It hadn’t helped that...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
Latest News
3 min read
2 min read
3 min read
3 min read
3 min read
Latest Comments