DB Advisors looks to absorb SLI money market assets

clock

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...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Impact investing has transformed

Partner Insight: Impact investing has transformed

Success in impact investing has been driven by the rising awareness around social inequality and climate issues, both of which are no longer abstract concepts.

Sarka Halas
clock 05 March 2024 • 1 min read
Border to Coast strengthens responsible investment policies

Border to Coast strengthens responsible investment policies

LGPS pool outlines plan to vote for resolutions aligned with the Paris climate agreement

Martin Richmond
clock 29 February 2024 • 2 min read
Schroders posts 'resilient performance' despite 'market headwinds'

Schroders posts 'resilient performance' despite 'market headwinds'

Profits down as a result of restructuring costs but assets under management up by 2%

Cristian Angeloni. Additional reporting by PP.
clock 29 February 2024 • 3 min read
Trustpilot