More NewsABN AMRO Global Liquidity Fund Grows EUR 1 Billion in Six Months

ABN AMRO Global Liquidity Fund Grows EUR 1 Billion in Six Months

In the first six months of this year ABN AMRO Global Liquidity Fund (GLF) grew by more than EUR 1 billion, taking it to EUR 3.2 billion and increasing its market share by more than two per cent, according to the bank. In addition, growth in total average assets saw the fund outperform the market by 30 percent for Euro funds, 50 percent for Sterling funds and 53 per cent for US Dollar funds. The bank has attributed much of its success to its new Working Capital business, created last year to better serve the needs of CFOs and treasurers.

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