In today's WSJ FundTrack
, Shefali Anand sifts through regulatory filings to find out which money funds are still holding SIV securities recently downgraded by Moody's
. According to Anand, companies with money-market funds that still hold some of these SIVs include: Barclays PLC's Barclays Global Investors
; UBS AG
; Charles Schwab Corp.
; Deutsche Bank AG
; BNY Hamilton Funds
; and Morgan Stanley
. The risk to investors though is not likely to be catastrophic; the SIVs make up an average 1 to 2 percent of the funds.
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