In the Margins

Money funds zero in on short-term Treasuries

October 20, 2015

By The Wall Street Journal

Money market funds are hustling to buy up short-term Treasuries and related debt to get ahead of new market rules slated to take effect next October. Fidelity Investments is among those, with plans to convert the entire portfolio of its $115 billion Cash Reserves Fund to U.S. government debt by Dec. 1. Read the original story from The Wall Street Journal

 

 

Most Read

Top of the Agenda - Industry Groups
MFDF's Susan Wyderko to retire in 2020

Susan Wyderko will retire from her position as president and CEO of Mutual Fund Directors Forum in the fall of 2020. When she steps down next ...

Top of the Agenda - Governance
Fund industry 'pioneer' Dorothy Berry dies

Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...