The U.K.-based website FundWeb writes, "IMA populates new money market sectors". It explains, "The [U.K.] Investment Management Association (IMA) has revealed how its two new money market sectors will be constructed. The trade association announced that it will create two sectors -- the IMA Short Term Money Market sector and the IMA Money Market sector -- back in November. Coming into effect on January 1, the sectors are intended to fall into line with definitions of money market funds introduced into the FSA handbook in July last year." FundWeb adds, "The IMA Short Term Money Market sector holds 14 funds at launch, while the IMA Money Market sector comprises 12 products." The IMA Short Term Money Market sector includes: Architas Liquidity, Baillie Gifford Cash, BlackRock Cash, Fidelity Cash, Fidelity MoneyBuilder Cash ISA, GLG Cash, JP Morgan Sterling Liquidity, Jupiter Cash, Royal London Cash, Scottish Widows Cash, St James's Place Cash Unit Trust, Standard Life Cash, Thesis Optima Cash, and Wesleyan Cash. The IMA Money Market sector includes: Aberdeen Cash, Aviva Investors Cash, F&C Money Markets, F&C Sterling Enhanced Cash, Henderson Cash, Henderson Money Market Unit Trust, Invesco Perpetual Money, Legal & General Cash Trust, LV Money Market, Marlborough Cash Trust, Premier UK Money Market, and Santander Money Market.
