FinEx Capital Management has launched the first money market ETF in Russia through the Moscow listing of its Cash Equivalents Ucits ETF, using the Solactive 1-3 Month US T-Bill index.
Moody's outlooks for the money market fund (MMF) sector and asset manager sector are stable, says Moody's Investors Service in its two new industry outlooks for 2014, although MMFs face wide-ranging regulatory changes.
Money Market Funds play a critical role in the short term financing markets and regulation should not put them at risk, says ALFI.
Analysis of euro denominated constant net asset value money market funds has found a re-allocation away from UK towards core European and supranational exposures over the past 12 months, ratings agency Fitch has said.
Changes in the money market industry will continue, as regulatory developments coupled with market dynamics force some money market funds (MMFs) to close or consolidate, says Moody's Investors Service.
The European Securities and Markets Authority (ESMA) says that it has found evidence of "significant" differences in the way EU member states implement supervision and enforcement of regulations relating to money market funds.
US prime money market fund (MMF) exposure to eurozone banks rose for the fifth consecutive month although exposures remain well-below previous levels, according to Fitch Ratings.
Money market funds (MMFs) are adequately positioned to face challenging market conditions and ongoing regulatory uncertainty in 2013, according to Fitch Ratings, which expects MMFs to manage their portfolios conservatively with respect to credit, interest...
Global fund management groups such as BlackRock, T Rowe Price and Federated Investors are rushing to set up ‘ultra-short' bond funds to lure investors away from the money markets.
European money market funds are reallocating their portfolios towards longer-dated assets issued by highly-rated supranationals, government agencies, sovereigns and corporates, while maintaining high overnight liquidity, amid sharply declining yields,...
After a surge in inflows into Ucits funds in August, they have seen €10bn flowing out in September, according to the latest report from the European Fund and Asset Management Association (EFAMA).
Money market funds (MMF) in Europe have reallocated nearly one fifth of their portfolios geographically in the last two years, according to a new report by Fitch Ratings.
Under the current low interest rate conditions, money market fund (MMF) managers will have to take steps to adapt their products, says Moody’s.
Fitch has warned Europe's cash funds, already struggling against record-low rates to generate profits, that they could face adverse investor reaction and "significant disruption or outflows" if they are required to switch to variable net asset valuation....
The continued low interest rate environment has forced Germany’s Berenberg Bank to reduce the fees on its money market fund.
Euro money market funds' (MMFs) yields have stabilised at marginally positive levels two months after the ECB cut its deposit facility rate to zero, but could post negative yields if short-term euro market rates move further into negative territory, warned...