BNB babcock & brown limited

babcock rethinks funds model

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    Babcock rethinks funds model

    Wednesday, 15 October 2008 | The Australian Financial Review | James Chessell

    The board of Babcock & Brown has signed off on a plan to overhaul the governance and fee structures of its core infrastructure funds as the troubled investment group attempts to restore investor confidence in its funds management model as well as the performance of its listed satellites.
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    can anyone give a quick summary of the above article?
 
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