• Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions
Saturday, April 10, 2021
No Result
View All Result
ABC Money
PR Fire Press Release Distribution
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
  • News
  • Business
  • Economics
  • Finance
    • Investment
    • Tax
    • Mortgage
  • Property
    • Utilities
  • World
  • Technology
  • Fashion
  • Health
  • Holidays
ABC Money
No Result
View All Result
Home News

AXA closes German fund to new investors on subprime credit market woes – report

by Elliot Preece
10/04/2018

RelatedPosts

WHY STATE BAR OF NEVADA ALLOWS CORRUPT MARC RANDAZZA TO PRACTICE LAW?

Things Cryptopunks Nfts And The Mona Lisa Have In Common

Exodus Allows You To Acquire Your Shares From Your Own Bitcoin Wallet

Money Back Review – Get Your Money Back From Investment and Trading Scams

Load More

FRANKFURT (Thomson Financial) – AXA SA’s unit AXA Investment Managers on July 23 closed a 680 mln eur money market fund to new investors after its value slumped 13 pct in one day, Wirtschafts Woche reported, without saying where it got the information.Some 41 pct of the fund was invested in sub-prime loans, it said.AXA has decided to offer to buy back shares in the AXA IM US Libor Plus fund, which was offered to investors in Germany, at above market prices to stop a decline in liquidity as investors pulled their money out of the fund, it said.This is the second fund to be closed in Germany. Union Investment also closed a fund on July 23 due to the sub-prime loan sector crisis, the magazine said.maria.sheahan@thomson.commas/bsdCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

Previous Post

Microsoft takes on software pirates as it cuts price of Vista in China - report

Next Post

China A-shares end morning up as steel, metal stocks gain-UPDATE

Related Posts

WHY IS MARC RANDAZZA STILL AN ATTORNEY - DISBAR ATTORNEY RANDAZZA
News

WHY STATE BAR OF NEVADA ALLOWS CORRUPT MARC RANDAZZA TO PRACTICE LAW?

10/04/2021
Things Cryptopunks Nfts And The Mona Lisa Have In Common
News

Things Cryptopunks Nfts And The Mona Lisa Have In Common

10/04/2021
Exodus Allows You To Acquire Your Shares From Your Own Bitcoin Wallet
News

Exodus Allows You To Acquire Your Shares From Your Own Bitcoin Wallet

10/04/2021
Next Post

China A-shares end morning up as steel, metal stocks gain-UPDATE

Asian stock markets battered by US credit turmoil

Air Force's F-22 Raptor meets criticism

Latest News

WHY IS MARC RANDAZZA STILL AN ATTORNEY - DISBAR ATTORNEY RANDAZZA

WHY STATE BAR OF NEVADA ALLOWS CORRUPT MARC RANDAZZA TO PRACTICE LAW?

10/04/2021
Things Cryptopunks Nfts And The Mona Lisa Have In Common

Things Cryptopunks Nfts And The Mona Lisa Have In Common

10/04/2021
Exodus Allows You To Acquire Your Shares From Your Own Bitcoin Wallet

Exodus Allows You To Acquire Your Shares From Your Own Bitcoin Wallet

10/04/2021
Copy trading

Copy trading

09/04/2021
Trading on the China A50

Money Back Review – Get Your Money Back From Investment and Trading Scams

09/04/2021
Bitcoin: High risk at what reward?

Key to success in Bitcoins

09/04/2021

Social

Contact

For editorial enquiries:

editorials@abcmoney.co.uk

For advertising enquiries:

advertise@abcmoney.co.uk

Top Topics

  • News
  • Business
  • Finance
  • Property
  • Technology
  • Investment

Guides

  • Best UK Bridging Loans
  • Best UK Secured Loans
  • Best UK Commercial Mortgages
  • Best UK Business Loans
  • Best UK Payday Loans
  • Best Sites for International Money Transfers
  • Best Press Release Distribution Service

Social

  • Home
  • Authors
  • Write for us
  • Advertise
  • Contact
  • Privacy Policy
  • Terms and Conditions

© 2020 ABC Money

No Result
View All Result
  • Write for us
  • Contact
  • About Us
    • Authors
  • News Desk
    • Business
    • Finance
    • Property
    • Technology
    • Investment

© 2020 ABC Money

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.