Germany's open-ended funds are getting an unwelcome blast from the past. As turbulence in global financial markets intensifies, some funds are starting to halt redemptions following panic withdrawals, in a scenario that is eerily reminiscent of the mass withdrawals from the country's open-ended funds at the end of 2005 into 2006.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
