Foreign sales fail to solve funds' domestic crisis
Language: English Series: EuroProperty ; February 2006, 13-15(2)Publication details: 2006Subject(s): Summary: German open-ended funds have been in crisis for a year with private investors continuing to withdraw money, especially from domestic funds. But whilst funds investing in Germany had been hit the hardest, other European funds have enjoyed inflows. As a result, fund managers have been forced to sell property to avoid liquidity problems, starting from the fourth quarter of 2004 and gathering pace throughout 2005. This article looks individual cases of companies who have been affected and provides a top 10 list if fund sales and purchases by value in 2005.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Archive | London Journal article | L132495 (Browse shelf(Opens below)) | 1 | Available | 132495-1001 |
German open-ended funds have been in crisis for a year with private investors continuing to withdraw money, especially from domestic funds. But whilst funds investing in Germany had been hit the hardest, other European funds have enjoyed inflows. As a result, fund managers have been forced to sell property to avoid liquidity problems, starting from the fourth quarter of 2004 and gathering pace throughout 2005. This article looks individual cases of companies who have been affected and provides a top 10 list if fund sales and purchases by value in 2005.