really - memories and comparisons aside - this is oversold. Look at the business, and where this fits in. The two funds exposed have lost a total of around 4% in July each on extremely volatile trading conditions in the US. The entire group losing over 10% in one day as a result is a no brainer - oversold.
DYOR
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- not expecting this
MBL
macquarie bank limited
not expecting this, page-18
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