MMFS – a faster route to your cash? (TT JulAug04 p23-25)
The Treasurer July-August 2004
The money market fund (MMF) industry is celebrating becoming a $200bn business (see Figure 1 on page 24).What makes this achievement so impressive is that it has grown from almost nothing in 1995 and continued to grow through one of the biggest recessions in recent asset management history.
