By Nick Stride
Friday 5th March 2004 |
Text too small? |
According to client advisers at other firms BT had advised that an "independent review" of the situation had been completed and that the funds would remain "off market" until Wednesday next week.
It had not divulged what the underlying issues were. Whatever its nature, the glitch means investors in the two funds have been unable to make complete withdrawals.
Some advisers have been paying out on part of withdrawals and will make full payment once prices are again available.
No comments yet
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change
May 2nd Morning Report
AGL - Change in Senior Management
Devon Funds Morning Note - 01 May 2024
Rick Christie to step-aside as a non-executive director