Aegon issues cash flow warning
Friday 18 January 2008
Insurance company Aegon has told investors in its Scottish Equitable property fund that it could take as much as a year to withdraw money because of critical liquidity levels in the wake of the sub-prime crisis, the Financial Times reports on Friday.
However the problem will not affect Aegon's results, a spokesman told the Volkskrant. 'This is not on our balance sheet. It is an investment fund that just carries our name,' the spokesman told the paper.
© DutchNews.nl
Get the DutchNews.nl newsletter in your mailbox: Click here to subscribe
|
Tuesday: An overcast and misty start but sunny spells in most places later. Similar on Wednesday 
