Money market fund and Morris Review: Difference between pages

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imported>Doug Williamson
(Note that Government Actuary's Department is UK.)
 
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(MMF).  
A review of the actuarial profession commissioned by the UK government subsequent to the Penrose Inquiry and submitted by Sir Derek Morris in 2005.


A managed fund which invests in money market instruments.
It chiefly concerned the regulation of the actuarial profession, but also set out some best practice recommendations for pension scheme trustees and made certain recommendations in connection with the UK Government Actuary’s Department.
 
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 ==
== See also ==
* [[Accumulating net asset value]]
* [[Government Actuary's Department]]
* [[Constant net asset value]]
* [[Daily liquid assets]]  (DLA)
* [[FAM]]
*[[Fund]]
* [[Liquidity buffer]]
* [[Liquidity fee]]
* [[Liquidity Fund]]
* [[Liquidity gate]]
* [[Low-volatility NAV]]
* [[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]]
* [[Rule 2a-7]]
* [[Short-term money market fund]]  (STMMF)
* [[Variable net asset value]]
* [[Weekly liquid assets]]  (WLA)
* [[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 13:24, 22 November 2017

A review of the actuarial profession commissioned by the UK government subsequent to the Penrose Inquiry and submitted by Sir Derek Morris in 2005.

It chiefly concerned the regulation of the actuarial profession, but also set out some best practice recommendations for pension scheme trustees and made certain recommendations in connection with the UK Government Actuary’s Department.


See also