Investment manager JPMorgan Fleming’s institutional liquidity funds have become the first international money market fund range to exceed $30 billion assets under management. JPMorgan Fleming is the largest provider of AAA-rated international liquidity funds, with a market share of 20 per cent and $30.6 billion assets under management. Its closest competitor, Goldman Sachs, holds $26 billion assets under management. Peter Knight, Head of Institutional Liquidity, attributed the growth in demand for liquidity funds to a greater focus on security among cash investors and a growing reluctance on the part of banks to offer market rates of return on deposits. ‘After the recent slew of corporate scandals and credit downgrades, investors are increasingly reluctant to take on the single counterparty risk that conventional deposits entail.’
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more