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, April 12, 2013 Beware the Money Fund Run Just Over the Horizon There's nothing like global lack of confidence to rain on your parade. The Wall Street Journal reports that the International Monetary Fund has warned investors that panic could strike money-market funds if debt markets were to go south fast. The warning was issued in a chapter of its latest Global Financial Stability Report, which looked at how flooding the world with cheap money could be creating new financial crises ahead. The Journal reports that IMF Managing Director Christine Lagarde said Wednesday that “more intensive and intrusive supervision” of the financial system was critical to fixing the global economy, warning that “too-big-to-fail” banks are more dangerous than ever. Read more on the warnings in The Wall Street Journal. Printed from: MFWire.com/story.asp?s=43578 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |