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INREV: German open-end funds receive vote of confidence

Posted on 15 June 2012

Institutional investors and fund managers in German open-end funds (GEOFs) remain surprisingly positive about these vehicles, despite the imminent introduction of the AnsFuG legislation, according to recent research by INREV.
The AnsFuG reforms, which are due to come in to effect in January 2013, will introduce a 24-month ‘lock-up’ period, a notice period of 12 months for the redemption of fund units, and a cap on the debt ratio of 30% for all GOEFs………………………………………..Full Article: Source


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