two Australian registered schemes holding redeemable shares in Cayman Islands mutual fund companies, which invested in asset-backed and credit securities exposed to "US sub-prime mortgages" and global credit markets decline
redemptions and new applications suspended in mid-July 2007
responsible entity's duties under s 601FC(1)(k) and (m)
Case Details
Citation[2008] NSWSC 766
CourtNSWSC
JurisdictionNew South Wales
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