Aviva Investors, the 13th largest manager of European or "offshore" money market funds with $41.8 billion (when translated back into USD), announced a series of changes to their Ireland-based funds. The update, titled, "You asked -- we listened," says, "We've listened carefully and are pleased to share the changes we're making in response to your input. Based on your recent feedback, we've made a series of enhancements to improve operational efficiency, increase flexibility, and better align with your accounting and payment needs. These changes are designed to support your day-to-day liquidity management -- whether that's through more stable pricing, earlier redemption payments, or extended dealing deadlines." Aviva's brief explains, "What you said: The Euro Liquidity Fund needs to be LVNAV to support stable pricing for accounting purposes; EUR redemption payments are released too late in the day; GBP payments for the Sterling Government Fund are also released too late; Could the Euro Liquidity Fund cut-off be extended?" It continues, "What we've changed: From 7th July 2025, the Euro Liquidity Fund will be LVNAV, with distributing share classes priced at 1.000; From 7th July 2025, both the Sterling Government Liquidity Fund and the Euro Liquidity Fund will adopt historic pricing for distributing share classes -- enabling redemption payments as early as 9:30am Irish time, in line with our other Liquidity Funds; From 7th July 2025, the cut-off for the Euro Liquidity Fund will be extended to 1:00pm Irish time." Aviva adds, "We hope these enhancements make a meaningful difference to your operations. If you have any questions or further suggestions, we'd love to hear from you. We're committed to making our Liquidity Funds work better for you." (Note: For more information on European MMFs, ask us to see our latest MFI International publication or MFII Portfolio Holdings, or join us for our European Money Fund Symposium, which is Sept. 22-23 in Dublin, Ireland.)