Author (Corporate) | Deutsche Bank Research |
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Series Title | EU Monitor |
Series Details | 26.02.15 |
Publication Date | 26/02/2015 |
ISSN | 1612-0272 |
Content Type | Journal | Series | Blog |
Money market funds are important financial players in Europe and the US, offering investors capital preservation and daily liquidity on the one hand, while providing short-term funding in money markets on the other. However, the European and US markets differ in their structures and economic functions: In Europe, where the market is split into two distinct segments, MMFs’ balance sheets reflect to a large degree intermediation within the financial sector and a strong investment focus on bank debt. In the US, by contrast, a homogeneous set of industry standards exists and MMFs’ business is geared more towards direct intermediation between non-financial sectors. |
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Source Link | Link to Main Source https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000351452.PDF |
Countries / Regions | Europe |