02.08.2016 16:57:00

Moody's: Sterling and Euro money fund assets to increase post-Brexit; US prime funds see surge in outflows ahead of regulatory reform

New York, August 02, 2016 -- Sterling and euro prime money market fund (MMF) assets will increase in the coming months amid post-Brexit uncertainty despite record low yields, says Moody's Investors Service. In parallel, US prime funds are experiencing a spike in outflows ahead of October's regulatory changes.

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