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INVESTMENT-MANAGEMENT TECHNOLOGY
Europe's $3.5 trillion mutual-fund industry will expand at a compound-annual-growth rate (CAGR) of about 14 percent per annum between years-end 2002 and 2006, outpacing the global expansion rate of 10 percent and the U.S. CAGR of 9 percent, according to research included in the inaugural issue of CA Global Update, slated for publication this month. CA Global Update is a 400-page report designed to provide the firm's most recent assessments of retail and institutional-fund-management marketplaces in 16 countries worldwide.