Another money market fund is in danger of "breaking the buck," Shefali Anand reports in today's WSJ FundTrack
. The First American Prime Obligations Fund
offered by FAF Advisors
, a unit of U.S. Bancorp, recently sold some of its troubled holdings to an affiliate. Other companies that have recently had troubles in their money-market funds include: Columbia Management, Credit Suisse Asset Management, SEI Investments, and Evergreen Investments.
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