Abbey subsidiary backs commercial property fund

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Abbey Financial Markets (AFM), a subsidiary of UK bank Abbey, has provided the seed capital for the new FTSEpx fund recently launched by UK-based asset manager MSS Capital. This fund was launched with the FTSE UK Commercial Property Index Series on June 26. And AFM is already working on a range of structured investments for both retail and institutional investors based on these indexes.

AFM has invested in the FTSEpx fund since the commercial property sector began attracting retail investment

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