Invoice finance and Mmf: Difference between pages
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imported>Doug Williamson (Create page. Source: Market Finance webpage https://marketfinance.com/business-finance/what-is-invoice-finance) |
imported>Doug Williamson (Update link.) |
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{{lowercase}}''Credit rating.'' | |||
Abbreviation for money market fund. | |||
A suffix added to a credit rating to indicate that it relates to a money market fund. | |||
<span style="color:#4B0082">'''''Risk profiles of funds matter'''''</span> | |||
:"From a fund-rating perspective, the overall structure is not the key rating driver for Fitch, rather it's the risk profile of the fund that matters. | |||
:Conceptually, we can rate CNAVs, LVNAVs and VNAVs at the AAAmmf rating level. | |||
:The new rules will not change our approach to rating MMFs and therefore should not directly affect ratings unless funds' underlying credit, market or liquidity risks increase." | |||
:''Alastair Sewell CFA, EMEA head of fund and asset manager ratings, Fitch Ratings, The Treasurer, August 2018, p31.'' | |||
== See also == | == See also == | ||
* [[ | * [[AAA]] | ||
* [[ | * [[Asset manager]] | ||
* [[ | * [[CNAV]] | ||
* [[ | * [[Credit rating]] | ||
* [[Credit risk]] | |||
* [[EMEA]] | |||
* [[Liquidity risk]] | |||
* [[Low-volatility NAV]] | |||
* [[Market risk]] | |||
* [[Money market fund]] (MMF) | |||
* [[VNAV]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category: | [[Category:Identify_and_assess_risks]] | ||
Latest revision as of 12:24, 16 February 2022
Credit rating.
Abbreviation for money market fund.
A suffix added to a credit rating to indicate that it relates to a money market fund.
Risk profiles of funds matter
- "From a fund-rating perspective, the overall structure is not the key rating driver for Fitch, rather it's the risk profile of the fund that matters.
- Conceptually, we can rate CNAVs, LVNAVs and VNAVs at the AAAmmf rating level.
- The new rules will not change our approach to rating MMFs and therefore should not directly affect ratings unless funds' underlying credit, market or liquidity risks increase."
- Alastair Sewell CFA, EMEA head of fund and asset manager ratings, Fitch Ratings, The Treasurer, August 2018, p31.
