Certain EU and Iosco proposals need work, says industry body ICI Global, which has just opened an Asia-Pacific chapter and welcomed its first Chinese fund house as a member.
Tag : money-market funds
Macro tailwinds ensure over 80% of the country’s 77 money-market funds outperform, giving its beleaguered funds industry a breather. The trend shows no sign of slowing either.
Goldman Sachs Asset Management will look to add sales and investment expertise to its Asian liquidity product, says Kathleen Hughes.
The huge but poorly understood repurchase-loan market is the oil that greases the banking system, and a US default or even a downgrade would affect liquidity, but no one knows to what extent.
