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Pastimes : Home on the range where the buffalo roam

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To: Sig who wrote (8452)7/29/2002 5:43:51 PM
From: stockman_scott   of 13815
 
DJ DUTCH PRESS: Pension Funds Move To Stem Short Selling

AMSTERDAM (Dow Jones)--The Netherlands' two largest pension funds, ABP and PGGM, have decided to stop lending securities to hedge funds in a bid to dampen market volatility, Jean Frijns of ABP Vermogensbeheer said, Het Financieele Dagblad reports.
The two funds hope the move will discourage short-selling and have written to other institutional investors in the Netherlands and abroad advising them to follow suit.

Newspaper Web site: fd.nl

Amsterdam Bureau, Dow Jones Newswires; 31-20-6260770

(END) DOW JONES NEWS 07-29-02
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