Mellon LMS Adds Common Fund and GE Enhanced Cash, Cash+ to Portal. A press release today announced that The Common Fund for Short Term Investments, a "bank common trust fund maintained by Wachovia Bank" is now available to nonprofit, educational and trust customers via Mellon's LMS online trading "portal". "Commonfund has a long history of serving higher education institutions with investment advice and products," says Steve Cobain of Mellon. LMS also now offers GE Enhanced Cash and GE Cash Plus, private placement "3c-7" funds available only to qualified investors. In addition, the Mellon portal now offers enhanced "pre-trade compliance functionality" for monitoring investment guidelines. Mellon LMS is the industry's largest online money market trading portal with over $25 billion in assets, according to a recent Money Fund Intelligence survey.

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