WestLB suspends Luxembourg fund calculations
US SPECIAL - LUXEMBOURG - The board of directors of the Luxembourg-based WestLB Compass Fund, have suspended the calculation of net asset values (NAV) for its sub-funds, following on from the terrorist attacks in the US on Tuesday.
The board says it believes no accurate calculation of NAV is
Accordingly, neither subscriptions nor redemptions shall be made for the
sub-funds until further notice.
The following sub-funds are affected:
Emerging Markets Bond
US High Yield
Global High Yield
Global Emerging Markets
US Active Cash