Breaking the Buck and the Introduction of Greater Liquidity Requirements

Breaking the Buck and the Introduction of Greater Liquidity Requirements

Money market funds (MMFs) are an important part of the European and global investment fund landscape and perform an essential role as a cash management and liquidity tool. They are a type of collective investment fund where households, corporate treasurers or insurance companies can obtain a relatively safe and short-term investment for surplus cash. They have preservation of capital and liquidity as their primary objectives.