Investment News writes "Federated not done shopping for money market funds". It says, "Federated Investors Inc.'s pending acquisition of $5 billion in money market fund assets from Fifth Third Bancorp is seen as the start of a buying spree for the firm. Low interest rates, increased capital requirements for banks and the possibility of further money fund regulation are forcing smaller money market players to rethink their role in the business, according to observers. Federated president and chief executive Chris Donahue thinks that his firm could be the beneficiary of banks' being "more open" to selling, particularly as potential regulation by the Securities and Exchange Commission begins to take form.... Despite the possibility of further tightening of regulation, Mr. Donahue sees money funds as a good long-term investment."
