State Street Adds Multi-Currency Funds Through Global Link


NEW YORK--A new short-term multi-currency money management vehicle is to be offered as part of State Street Corporation’s Global Link online investment research, trading settlement and reporting system.

Multicurrency Funds plc (MCIV) is a cash fund product whereby investment managers are able to consolidate exposures in various currencies into either onshore or offshore money funds, whilst at the same time locking-in money market rates-of-return. Users can invest and redeem cash balances

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