We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » September 11, 2018
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Asset manager: portfolios to be liquidated
September 11, 2018   
Article's tools:
Print

The Altus TFI asset manager suspended redemptions on six of its basket of 10 open-end investment funds with PLN 168 million in assets under management and will liquidate the lot, the company said in a statement published on its website on September 6.
Portfolios headed for liquidation: equity, Polish market absolute return, active management, stable growth, optimal growth and New Europe absolute return.
Altus will pay out means to participants of the liquidated funds on March 31, 2020, the prospectus of the fund last updated on September 6 shows.
The open-end umbrella fund group will retain a debt absolute return fund, a money fund and 'SuperLokator' fund.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE