Decision Time Over Doomed Aig Fund

Summary


SHAKEN insurer AIG Life will write this week to 9,000 investors telling them how it plans to close its [pounds]5.7 billion Enhanced Fund and meet withdrawals.

Investors were spooked last month after AIG's parent company in the US was rescued.

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Extract


Decision Time Over Doomed Aig Fund

The fund had invested in corporate ...

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