Global

GLOBAL - The Institutional Money Market Funds Association (IMMFA) has announced that sales of Triple-A rated money market fund sales were up on the quarter to US$102.7bn.

GLOBAL - Man Investment Products has launched a new capital guaranteed structured product, Man Multi-Strategy Series 4.

GLOBAL - Global cross-border property investment is set to climb over the next 5 years, with the UK market heading investors' shopping lists.

THE NETHERLANDS - Dutch companies could be pumping a combined E24bn a year into their pension funds following tough new rules from the Dutch pension regulator, the PVK.

GLOBAL - Loyalis, the financial services subsidiary of Dutch superfund ABP, is to launch a new SRI fund which will be open to pension funds worldwide.

GLOBAL - The Bank of New York is to acquire alternative investment specialist International Fund Administration for an undisclosed sum.

GLOBAL - The number of multinationals taking a global approach to managing their pension fund assets has climbed to 84% from 50% since 2000 in a bid to reduce risk.

GLOBAL - A total of 37 companies which had offices in one of the World Trade Center towers in New York before September 11 had their disaster recovery systems in the other tower.

GLOBAL - Investors are being cautioned about UK investment grade debt.

GLOBAL - Following an encouraging take-up of exchange traded funds by institutional investors, Morgan Stanley's Deborah Fuhr talks to IPN about why more pension plans should take a closer look at this new tool of the trade.