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

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

Rating:New Rules Could Further Thin the Ranks of Money Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, April 5, 2010

New Rules Could Further Thin the Ranks of Money Funds

Reported by Stephanie Bernhard

New money market fund rules, which would start to take effect next month, could drive more firms to quit the business, notes the Wall Street Journal's Jane Kim in her article published Monday as part of the WSJ's Investing in Funds section.

Citing data from iMoneyNet Inc., Kim noted that a total of 63 money market funds have either shut down or merged with others since January 2009.

Connie Bugbee, editor of iMoneyNet, pointed to three factors as triggering the trend. "The combination of cutting your expenses, waiving fees and adding more credit analysts means we'll continue to see smaller funds exit the business," Bugbee told the pub. 

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: Q4Q3Q2Q1
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