Contact Us: 01282 426380
KM Financial Solutions | UPDATE 1-Northern Trust prime money fund falls below 30% liquidity threshold
69381
post-template-default,single,single-post,postid-69381,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

UPDATE 1-Northern Trust prime money fund falls below 30% liquidity threshold

22 Mar UPDATE 1-Northern Trust prime money fund falls below 30% liquidity threshold

Posted at 16:19h in News by
0 Likes
Liquidity at a $2.2 billion
prime money-market fund run by Northern Trust Corp fell
below the 30% U.S. regulatory threshold twice last week,
reducing its buffer for quickly converting assets into cash to
meet investors’ redemptions.

No Comments

Sorry, the comment form is closed at this time.