24.10.2008 - Australian funds suspend withdrawals from property-linked investments
From Radioaustralia.net.au: Four of Australia's biggest fund managers have suspended withdrawals from their mortgage-backed investments. Perpetual Investments, Babcock and Brown, Australian Unity, and AXA Asia Pacific have advised the Australian Stock Exchange of their decisions, after customers rushed to redeem their savings. Monthly income distributions to investors will not be affected..... Full Article: Source
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