ann: cba and barclays both reduced holdings, page-5

For those who need clarification

the CBA sell down is NOT the bank as such.

Its part of the colonial super fund which is actually controlled by and outsourced to another company again entirely which makes decisions on behalf of the super clients involved.

Therefore CBA has an interest in those funds, but only indirectly.

And a 1% selldown, not exactly time do get anxious.


And Barclays.....well again only 1%

nothing to lose sleep over

cheers