In the Margins

New money fund rules creating funding stress

August 10, 2016

By The Wall Street Journal

The Securities and Exchange Commission's efforts to make money market funds safer are giving investors a reason to flee the $2.7 trillion market, putting unintended stress on a crucial funding source for cities, counties and foreign banks. “You could see $400 billion move out of the private credit markets,” said John Tobin, head of global liquidity portfolio management at JPMorgan Asset Management. “That has implications.” Read the original story from The Wall Street Journal



Most Read

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...