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PARENT COMPANY BAILS OUT SUSPENDED MORGAN GRENFELL FUNDS

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Deutsche Bank last night injected around£200m cash into three suspended investment funds run by its UK subsidiarit...
Deutsche Bank last night injected around £200m cash into three suspended investment funds run by its UK subsidiarity Morgan Grenfell Asset Management in order to restore confidence among investors, reports the Financial Times (p1).

Trading in the funds will resume tomorrow, MGAM has announced. The deal allow the unit trusts involved to resume at nearly the same price.
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