Items Tagged with 'Absolute Capital Ltd.'

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  • More Aussie Hedge Funds Feeling 'Subprime Pinch'

    News from the Wall Street Journal shows that two more Australian funds are feeling some heat. The funds in question are managed by Absolute Capital Ltd. -- 50 percent owned by an ABN AMRO unit -- and have halted investor withdrawals amid recent losses: ... Absolute Capital Ltd., which invests in collateralized debt obligations, said it is temporarily halting withdrawals from two funds with about 200 million Australian dollars (US$176.7 million) in assets.
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