Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Can Advisors Trust Money Market Funds Again? Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, September 17, 2013

Can Advisors Trust Money Market Funds Again?

News summary by MFWire's editors

The Wall Street Journal's Daisy Maxey reports that advisors are wary of riskier money funds, at least until the Fed raises the federal funds rate. Money market fund assets have fallen by nearly $1 trillion since the Reserve fund debacle in 2008.

Maxey interviewed Andy Kapyrin, director of research at RegentAtlantic Capital, whom she quoted as saying, "What happened in September of 2008 with the Reserve [Primary] Fund made a lot of people look at money-markets very differently…Investors want these to be like cash, for liquid purposes…It's not money that's meant to be at risk."

Maxey ask spoke to Peter Crane, president of Crane Data, who said the drop in assets has more to do with the drop in interest rates than concerns over money-market fund risks.

To read more, click here here

Edited by: Casey Quinlan


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use