Several hundred KG funds are insolvent

Private investors in the German KG funds have allegedly lost around USD 5.4 billion during the global downturn in shipping.
Photo: Maersk Line
Photo: Maersk Line
BY OLE ANDERSEN

More than 300 of Germany's approximately 2,000 KG funds have been declared insolvent, leaving investors with a total loss of around USD 5.4 billion since the crisis in shipping began, says German Manager Magazine according to Lloyd's List.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now


Further reading