DWS Investments is latest firm to eye ABCP market.

Reports on the emergence of hedge funds and other investment companies as sponsors of asset backed securities programmes in Europe as of December 10, 2004. Plan of mutual fund manager DWS Investments to launch a structured investment vehicle in 2005; Involvement of Goldman Sachs in the structured investment vehicle of hedge fund manager Cheyne Capital Management; Actions to be taken by Scottish Widows Investment Partnership regarding its investment in the asset backed commercial paper product according to Duncan Thomson, investment director in triple-A money market funs run by the company.