The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:The Floating NAV Ball Keeps a-Rolling Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 24, 2013

The Floating NAV Ball Keeps a-Rolling

News summary by MFWire's editors

It seems like peer pressure is doing more to change money market mutual funds than the SEC managed to do.

Despite Mary Schapiro's failure to pass reforms last summer, more and more firms are starting to publish a daily fluctuating NAV. The latest, according to the Boston Globe, is State Street Global Advisors [profile].

The Boston-firm joins Fidelity [profile], Goldman Sachs [profile], BlackRock [profile], JP Morgan [profile, and Reich & Tang [profile].

“As one of the largest providers of cash management solutions, SSgA actively supports steps to increase transparency in the money market fund industry,” SSgA said in a statement, according to the Globe.

Check out the original article here

Edited by: Ben Geier

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2020: Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2020
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use