MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, November 23, 2012 Bettinger Offers His Two Cents on Money Funds
In a guest opinion piece in the Wall Street Journal, Bettinger says that while he and his firm are against any regulation that effectively ends money market funds as we know them, he sees a clear compromise. He believes that prime money funds, which are inherently more risky, should have a floating net asset value. Non-prime funds, though, should continue to operate as they have with a stable NAV. This arrangement, he writes, will be more fair to fund companies and will add security for investors. On the same day, the Journal's Outlook page ran another piece on money funds, praising Bettinger's idea. Read that here. Printed from: MFWire.com/story.asp?s=42127 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |
