American Beacon Launches Dublin-Domiciled Offshore Money Market Fund. Yesterday,
Standard & Poor's rated American Beacon USD Liquidity Fund AAAm, marking
American Beacon's entry into the European marketplace.
American Beacon VP & Director of Sales and Marketing Brian Brett tells us, "[M]any clients and prospects say they could only invest in Dublin based offshore funds with their stringent regulatory standards. It also creates a better distribution platform to develop if we ever decide to offer additional offshore fixed income, equity or alternative products."
American Beacon USD Liquidity Fund is a new
feeder fund of American Beacon Master Trust Money Market Portfolio and a new sub fund of
American Beacon Global Funds PLC.