Didn’t you read the small print?
Trade bodies and regulators may be scrambling to tighten the rules and write clear classifications of money market funds, but one cool head has pointed out that this may all be unnecessary.
Chris Oulton, CEO of Prime Rate Capital, argues that a European industry standard for these products is already in place:
FTfm is no longer updated but it remains open as an archive.
FTfm's specialist writing team offer their insights into the global fund management industry.
Pauline Skypala has been editor of FTfm for four years having previously been deputy personal finance editor. She joined the FT in 1999 and has been writing on savings and investment issues throughout her career.
Steve Johnson, FTfm deputy editor, has been a journalist for 17 years, 10 of which have been with the FT.
Sophia Grene, reporter on FTfm, has been a financial journalist in print and online for 12 years.
Ruth Sullivan has worked as a financial/business journalist and foreign correspondent and for the past 10 years has been at the FT.
Selected FT blog posts
