DB Advisors looks to absorb SLI money market assets

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DB Advisors could win up to $12bn (£7.4bn) in money market fund assets from rival Standard Life Investments after SLI's withdrawal from the sector over regulatory concerns.

Standard Life Investments became the latest manager to quit its money market funds on the grounds it does not offer banking products to its clients. Global regulators are considering ushering Treas...

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