The move by Fidelity
] to publish daily money market mutual fund net asset values has left deep ripples in the financial industry—and the financial press has taken notice.
For example, MarketWatch
have covered the company’s hopes to silence further criticism of money market funds by demonstrating that the minute changes in NAV values revealed by daily disclosures should improve public confidence in the products.
The move and its potential significance was also analyzed by Pittsburgh Tribune-Review
The growing trend itself was covered by a number of publications, including Bloomberg
, and Bloomberg
also took part in the mass analysis, as well as MarketWatch
This is what Fidelity
had to say about its own move.
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