MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, November 16, 2007 More Trouble for Money Market Funds Another money market fund is in danger of "breaking the buck," Shefali Anand reports in today's WSJ FundTrack. The First American Prime Obligations Fund offered by FAF Advisors, a unit of U.S. Bancorp, recently sold some of its troubled holdings to an affiliate. Other companies that have recently had troubles in their money-market funds include: Columbia Management, Credit Suisse Asset Management, SEI Investments, and Evergreen Investments. Printed from: MFWire.com/story.asp?s=16504 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |