Since the Securities and Exchange Commission (SEC) voted on money fund reform last year, corporate treasurers and finance executives have been waiting for their view of the cash management landscape to clear. Insights have begun to emerge, as fund managers responsible for US$1.87 trillion, or 78 percent of money market fund assets in the United States, have unveiled adaptation plans.
These plans hint at a sizable shift into government money market funds, a smaller institutional prime money fund space, and growth in alternative products.
So far, the overriding theme appears to be that investors will have more options. However, as the market evolves, corporate treasurers who invest in institutional prime money funds need to re-evaluate whether their cash management policies fully reflect the new reality.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
