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        <title>AdviserVoiceING Investment Management Archives - AdviserVoice</title>
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                <title>S&#038;P withdraws ratings on two ING Funds</title>
                <link>https://www.adviservoice.com.au/2011/10/sp-withdraws-ratings-on-two-ing-funds/</link>
                <comments>https://www.adviservoice.com.au/2011/10/sp-withdraws-ratings-on-two-ing-funds/#respond</comments>
                <pubDate>Tue, 11 Oct 2011 21:23:43 +0000</pubDate>
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                		<category><![CDATA[Trends + Ratings]]></category>
		<category><![CDATA[ING Investment Management]]></category>
		<category><![CDATA[INGIM]]></category>
		<category><![CDATA[S&P]]></category>
                <guid isPermaLink="false">https://adviservoice.com.au/?p=11767</guid>
                                    <description><![CDATA[<p>Standard &amp; Poor&#8217;s Fund Services has withdrawn ratings on ING Alpha Plus Australian Share Fund and ING Extended Alpha Australian Share Fund following notification of the termination of the funds effective 6 October 2011 by the responsible entity. </p>
<p>Both funds were placed &#8216;On Hold&#8217; when UBS Global Asset Management proposed the acquisition of ING Investment Management in June 2011, this closed on 4 October 2011. </p>
<p>ING Investment Management has stated fund assets will be realised and proceeds returned to investors within 10 business days of the termination announcement on 7 October 2011. Proceeds will be calculated and distributed in accordance with the relevant provisions of the fund’s constitution.</p>
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                                            <content:encoded><![CDATA[<p>Standard &amp; Poor&#8217;s Fund Services has withdrawn ratings on ING Alpha Plus Australian Share Fund and ING Extended Alpha Australian Share Fund following notification of the termination of the funds effective 6 October 2011 by the responsible entity. </p>
<p>Both funds were placed &#8216;On Hold&#8217; when UBS Global Asset Management proposed the acquisition of ING Investment Management in June 2011, this closed on 4 October 2011. </p>
<p>ING Investment Management has stated fund assets will be realised and proceeds returned to investors within 10 business days of the termination announcement on 7 October 2011. Proceeds will be calculated and distributed in accordance with the relevant provisions of the fund’s constitution.</p>
<p>The post <a href="https://www.adviservoice.com.au/2011/10/sp-withdraws-ratings-on-two-ing-funds/">S&#038;P withdraws ratings on two ING Funds</a> appeared first on <a href="https://www.adviservoice.com.au">AdviserVoice</a>.</p>
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