Money market fundsters watching the debates over more money market mutual fund reform may want to take a look at the new, June issue of Crane Data's
Money Fund Intelligence, published yesterday. The trade pub interviewed
Reich & Tang [see profile] chief strategist and money fund PM
Tom Nelson. Among other topics, Nelson worries that more money fund regs would be addressing institutional investors' problems while also costing retail investors.
"It seems retail shareholders are unfairly carrying the burden in providing a solution for institutional clients," Nelson told the pub. "In the case of a liquidity event brought on by a systemic problem or a significant interest rate differential, there is a vast difference in the behavior of retail and institutional shareholders. Retail assets would likely remain quite stable while institutional assets will tip the balance."
Nelson also discusses the
Natixis subsidiary's new
RNT Natixis Liquid Prime Portfolio, Reich's January purchase of
Double Rock's Liquid Insured Deposits (LIDs) business, a business focused on FDIC-insured products, and more. 
Edited by:
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE