The best and worst performing sterling money market funds are now separated by over 0.8%, a margin that has doubled in just two months, according to Fidelity International. It suggests that, with such a wide range of yields on offer, investors should look for security and liquidity before the potential returns on offer. Kevin Thompson, managing director of Fidelity’s Institutional Cash Fund, says: “This range of yields is unusually wide and shows that some fund managers are better than others at getting the best deal on money market securities. However, the golden rule for investors in money market funds should be security first, liquidity second and then yield in excess of bank deposits a close third.”
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