The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Better Luck Next Year for Money Market Funds? Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, November 05, 2009

Better Luck Next Year for Money Market Funds?

by: Armie Margaret Lee

Thursday's Wall Street Journal Fund Track column points out that with many economists seeing a Federal Reserve rate hike next year and government programs aimed at supporting money market funds are wrapping up, the future could bring slightly higher yields. That would provide relief for money fund firms that have been implementing fee waivers to maintain investors.

"These rays of hope may just be enough to give you courage," Peter Crane, president of Crane Data, was quoted in the article as saying. "It could make you walk a couple more miles in the desert, but you need that Fed-hike oasis to really survive."

Crane said he detected signs of hope in the way the Fed discussed the economy.

Others quoted in the article include Debbie Cunningham, chief investment officer for taxable money markets at Federated Investors and Barry Benjamin, U.S. leader of PricewaterhouseCooper's investment management and real estate group. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use