Money Market Funds - moving to VNAV would neither halt nor prevent a run
by CTMfile
Treasury Strategies game theory analysis shows that implemented properly, Fee and/or Gate would
Money Market Fund Investing
Background
A money-market fund (MMF) is an AAA-rated, constant NAV (net asset value) pooled investment that is made up of short-term fixed income instruments that provide same-day access to liquidity for…
Read moreBlackRock’s unrated Euro Assets Liquidity Fund reaches €1 billion milestone since launch in 2013
by CTMfile
Blackrock claims institutional investors seeking to maximise returns in current low yield environmen
Identifying & Investing Cash Surpluses
by Lisa Rossi, Deutsche Bank & CTMfile
How to safely, surely and effectively identify and invest cash surpluses
J.P. Morgan research: treasurers still committed to MMFs despite regulation
by CTMfile
Survey shows corporate treasurers committed to money market funds & to customised portfolios
BNY Mellon add Liquidity Aggregator(SM) to Liquidity DIRECT(SM) portal
by CTMfile
Expands BNY Mellon's Collateral Universe(SM) suite of collateral management solutions
SWIFT adds BIC to LEI Directory to its SWIFTRef Platform
by CTMfile
SWIFT has today announced the release of a new Business Identifier Code (BIC) to Legal Entity Identifier (LEI) directory on its SWIFTRef data platform. The BIC to LEI directory has been created in response to indust
Separately Managed Accounts are probably not viable as an alternative to money market funds and bank
by CTMfile
The Securities and Exchange Commission recently voted unanimously to propose rules - variable NAV, etc. - to reform the way that money market funds operate in order to make them less
Fitch: Corporate cash management faces Basel III and several other challenges in search for short te
by CTMfile
Corporate treasurers and cash managers face a rapidly evolving set of new regulatory challenges arising from Basel III and money market fund reform, according to Fitch Ratings. Basel III's leverage, liquidity covera
EMIR compliance management: use an application to simplify the whole process
by CTMfile
On 15th March, the technical standards supplementing the European Markets Infrastructure Regulation (EMIR) entered into force and affect most corporate treasury departments. According to the
ISDA paper: Non-cleared OTC Derivatives - their Importance to the global economy
by CTMfile
The traditional world of derivatives, consisting of both listed and over-the-counter (OTC) instruments, is undergoing significant change. Clearing of OTC derivatives through central counterparties has grown rapidly
Survey shows that if basis of pricing Money Market Funds changes then many investors would decrease
by CTMfile
The recent Treasury Strategies survey on corporate reaction to changing the basis of pricing money-market funds for valued indicate that any attempt to eliminate the constant net asset value (CNAV)
Fitch: US MMF exposure to eurozone banks up again
by CTMfile
Exposure to eurozone banks among US prime money-market funds (MMF) has risen once again. Data released today by Fitch has revealed that by the end of November last year, allocations at financiers based in the econom
Survey shows increasing cash reserves and investment in MMFs by corporates
by CTMfile
SunGard survey into the corporate treasury professionals' changing attitudes toward cash investments driven by economic, regulatory and risk concerns, following a similar survey in 2011, revealed considerable change
Quality and integrity of data on counter-parties is vital for any risk assessment
by CTMfile
Talking to suppliers and corporates attending the AFP Conference in Miami, a topic that came up repeatedly was the quality and integrity of the data used in making decisions. It doesn't matter, whether it is a long
ESMA publishes final version of standards for derivatives and Central Counterparties and Francois Ma
by CTMfile
The European Securities and Markets Authority (ESMA) has today published its technical standards on the Regulation on OTC derivatives, central counterparties and trade repositories (EMIR), which set out the specific
US MMF legislation delayed ..... BUT not abandoned
by CTMfile
Effective lobbying by corporates and many suppliers of money market fund products and service suppliers in the US defeated the chairwoman of the Securities and Exchange Commission (SEC), Mary Schapiro, proposals to
When the funds are really trapped, use a local currency money market fund
by CTMfile
In the long run, most trapped cash can be 'released', but there may be many months or years when it cannot. Obtaining any return on these funds can be difficult.
Citi launches enhanced liquidity and portfolio analytics capabilities for funds of hedge funds clien
by CTMfile
New York: Citi has expanded its global capabilities for administration and custody services to assist fund managers in establishing a more efficient, informed and effective investment process.
Money Market Funds struggle to offer their investors the safety and liquidity, and returns they requ
by CTMfile
The brochure on the Money Market Expo (MMX) in the USA in March 2012 opened with a neat summary of the industry's position: