Hints and tips:
...“The board and JPMorgan Asset Management …are disappointed that this opportunity has not been presented to E&G shareholders,” it said in a statement late on Friday....
...“We are concerned that redemptions on funds may have to be further restricted owing to the mismatch between the open-ended structure and the illiquidity of the underlying assets,” Charles Cade, analyst at...
...Charles Cade, analyst at Winterflood Securities, expects the investor exodus to continue and believes that the major retail funds could now also be forced to impose limits on redemptions....
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