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First French bank goes live on CLS; State Street Wins New Clients in Taiwan

State Street Wins New Clients in Taiwan

State Street Corporation has won mandates to service 14 Securities Investment Trust Enterprise collective investment funds in Taiwan. The funds include ABN AMRO Global Balanced Fund, the Dresdner Global Bio-Tech DAM Fund and the ADAM and Cathay Global Bond Funds. Securities Investment Trust Enterprises collect investment funds from the public, providing an investment channel for small investors and introduce more sophisticated investment behavior in the securities market, according to a State Street release.

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