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An Australian fund manager is handing clients their cash back
Altair Asset Management is warning that the property market is in a dangerous bubble and the threat of a calamity is very real. The fund is liquidating its share funds and forgoing performance fees to give back hundreds of millions of dollars.
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By [email protected] (ABC News)Altair Asset Management is warning that the property market is in a dangerous bubble and the threat of a calamity is very real. The fund is liquidating its share funds and forgoing performance fees to give back hundreds of millions of dollars.