28 Jun Australian regulator says pension funds misrepresenting “cash” investments
SYDNEY, June 29 (Reuters) – Australian fund managers
overseeing the country’s A$2.6 trillion ($1.91 trillion)
retirement savings pool are misrepresenting as cash what are in
fact investments in risky credit instruments and derivatives, a
regulator said on Friday.
overseeing the country’s A$2.6 trillion ($1.91 trillion)
retirement savings pool are misrepresenting as cash what are in
fact investments in risky credit instruments and derivatives, a
regulator said on Friday.
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