Money Market Fund

Staying Afloat in a Floating Net Asset Value Money Market Fund

Staying Afloat in a Floating Net Asset Value Money Market Fund

Investment Management

2 min readAbstract This commentary addresses a number of liquidity challenges concerning institutional prime money market funds after October 2016. The floating net asset values, the provision of fees and gates and the institutional shareholder syndrome each presents a unique set of challenges. The reformed institutional prime product can remain viable for a certain population of current…

New Research Sheds Light on Money Fund Risk Factors

New Research Sheds Light on Money Fund Risk Factors

Credit & Risk

3 min readBackground Money fund due diligence is among several topics du jour with corporate investors. Prior to the Reserve Primary Fund “breaking the buck” in September 2008, loss of principal and liquidity in a money market fund was barely a concern for most corporate cash investors. Much has occurred in the fund industry since then, and…