Currency product ‘growth to continue’

In September, ABN Amro Asset Management (AAAM) hit the $1 billion mark for assets under management via currency-linked principal-guaranteed notes, currency hedge fund and managed accounts.

Pierre Lequeux, head of currency management at AAAM in London, said demand has continued to grow since the company launched into the market with notes in September 2002. The company plans to make further issues in early and mid November.

As evidence of the global spread of the interest, AAAM also issued its

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