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MLIM fund breaks £1bn barrier

The Merrill Lynch Investment Managers&#39 property fund topped the £1bn mark.

The Jersey unclassified open-ended unit trust invests in a mix of UK commercial property.

In the ast year, to 30 June 2004, it returned 16.9 per cent with key investments in Riverside Retail Park in Nottingham and Tower 42 in London.

The fund focuses on high quality properties, principally multi-let assets, which are managed to meet the occupiers needs whilst seeking to enhance returns.

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Wesleyan widens business to IFAs

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Changes to early exit pension charges

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