| 31.07.2009 Opalesque Exclusive: Some Australian Superannuation fund redeem entire hedge fund portfolios, some go direct |
| From Matthias Knab, Opalesque Europe: Earlier in July, we already reported that the Australian REST Superannuation redeemed $350m from the Mesirow Absolute Return Fund and invested $150m and $75m with Babson Capital Management and Putnam respectively to develop its structured credit securities portfolio. The rest was placed in cash. According to Financial Standard, the $1 billion CitySuper - t |