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After Trillion Dollar Exodus, Prime Funds Still Await Rebound

TedTed
in The Bullpen
FYI: Eight months after the most sweeping changes to the U.S. money-markets industry in over three decades siphoned more than $1 trillion from so-called prime funds, the industry’s biggest operators are coming to the realization that the cash isn’t coming back anytime soon.
Regards,
Ted
http://www.fa-mag.com/news/after-trillion-dollar-exodus--prime-funds-still-await-rebound-33501.html?print
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