IMMFA Attempts to Calm European Money Fund Investors

Aug 25 07

IMMFA Attempts to Calm European Money Fund Investors with Release "Triple-A Rated Money Market Funds Remain a Valuable Component of a Treasury Manager's Liquidity Portfolio". The release says, "Despite the current turbulence in global financial markets, the Institutional Money Market Funds Association (IMMFA) is confident that the asset composition and track-record of 'treasury-style' money market funds offered by its members will continue to make them a valuable component of a treasury manager's portfolio."

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