US - The US Treasury has announced the establishment of a temporary guaranty program for the US money market mutual fund industry.
For the next year, the Treasury said it would insure the holdings of any publicly offered eligible money market mutual fund - both retail and institutional - that paid a fee to participate in the p...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date