Investment Management

The Covid-19 pandemic is up-ending the ordinarily sleepy market.

The impact of FOMC rate reductions on money-market fund yields is delayed compared with the federal funds rate; as a result, some companies are moving assets away from lower-yielding bank products into MMFs.

Meeting of money-market fund managers considers effects of looming Fed rate cuts on their funds.

Blue Cross & Blue Shield of Minnesota asset manager offers fund for insurers and other corporate investors.

Funds with $91 billion in assets ask for transition period to meet new EU regulation.

Fund companies have warned that proposed new ESMA policy could mean the death of stable-price euro funds.