Wed, September 17, 2008 : Last updated 23:59 hours
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Home > Business > Bualuang funds hold no foreign assets
MUTUAL FUNDS
Bualuang funds hold no foreign assets
Bualuang Asset Management Co Ltd announced on Wednesday that its foreign investment funds have no investment in Lehman Brothers, Merrill Lynch and American International Group.
In a statement, the company also said that domestic funds are also holding none of foreign assets.
It reported that on Tuesday, demand for unit trusts in the company's retirement mutual fund (RMF) and long-term equity fund (LTF) have doubled from the previous period.
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