Merchant bank and Money market fund: Difference between pages

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Merchant banks traditionally specialised in trade related finance (hence their former description as 'accepting houses'), underwriting of new issues and provision of corporate advice.
(MMF).
 
A managed fund which invests in money market instruments.
 
Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.
 
Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.


The term 'investment banks' - which orginated in relation to similar banks in the US - is now more generally used for these banks.  These banks provide a wide range of services in the money, capital and securities markets.


== See also ==
== See also ==
* [[Investment bank]]
* [[Accumulating net asset value]]
* [[Constant net asset value]]
* [[FAM]]
* [[Liquidity fee]]
* [[Liquidity fund]]
* [[LVNAV]]
* [[m]]
* [[mf]]
* [[Money market]]
* [[Money market fund reform: a light at the end of the tunnel?]]
* [[Money Market Funds Regulation]]
* [[Redemption gate]]
* [[Reverse distribution mechanism]]
* [[Variable net asset value]]
* [[Weighted Average Life]]
* [[Weighted average maturity]]
 
 
===Other links===
 
* [https://www.treasurers.org/hub/treasurer-magazine/how-money-market-funds-are-passing-the-crisis-test How money market funds are passing the crisis test, The Treasurer, June/July 2020]
 
*[http://www.treasurers.org/ACTmedia/Fitch%20Question%20Responses%20MMFs.pdf MMF reform: how will it affect treasurers? Fitch-ACT]
 
*[http://www.treasurers.org/node/9362 Lesson from America, The Treasurer, September 2013]
 
*[http://www.treasurers.org/node/8266 Credit matters, The Treasurer, October 2012]
 
*[http://www.treasurers.org/node/8103 Understanding MMF investments, The Treasurer, September 2012]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Treasury_operations]]
[[Category:Liquidity_management]]

Revision as of 08:13, 1 October 2020

(MMF).

A managed fund which invests in money market instruments.

Some money market funds are structured as 'liquid' money market funds, designed to be lower risk managed funds by - among other features - investing only in liquid money market instruments of the highest credit quality.

Other money market funds seek to provide higher average expected income through a longer dated, higher risk and less liquid portfolio.


See also


Other links