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ANU’s investments go south

By johnboy 19 June 2009 1

The ABC has a story about the ANU posting a huge $108 million deficit in its annual report.

The problem is the august body’s huge investment portfolio has taken a $160 million hit.

A bit like your super, everyone is hoping it will recover if/when the markets take off again.

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ANU’s investments go south
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bd84 10:46 pm 19 Jun 09

This was known months ago, it’s the same as all the other paper losses. It doesn’t mean a lot.

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