US money market funds in the first half of August as investors sought to lock in attractive... However, John Tobin, chief investment officer at Dreyfus, noted that “every rate cut in...
The US money-market fund industry is still enjoying a boost from higher-for-longer interest rates, shrugging off risk tied to reforms set to take effect later this year. That’s the backdrop for Wednesday’s kickoff of Crane’s Money Fund Symposium , the marquee annual event for a business that has seen total assets top $6 trillion for the first time ever in 2024. Roughly 550 participants are set to gather in Pittsburgh for the conference on the same day the Federal Reserve likely keeps its key rates at 23-year highs. ...
In response, Dreyfus itself is “extending duration to hold on to yields for as long as we can” within money market funds, explains Tobin, so that “money funds’ yields are going to...
Money-market funds are attracting record amounts of cash, even as a regulatory overhaul pins the industry with costly mandatory fees.
June 1, 2023 0227STK0623 Dreyfus Treasury Securities Cash Management CitizensSelect Funds ̶ Dreyfus Institutional Preferred Treasury Securities Money Market Fund Supplement to Current...
Prior to her current role, Christine was the Director of Operations for Dreyfus where she supported the growth and maintenance of all Dreyfus money market funds, offshore liquidity funds...
A Core Strength ; Our 2a-7 money market funds span a diverse set of categories. Our parent company is BNY. Dreyfus is a tenured liquidity manager leveraging a tested, consistent investment process with integrated risk management that stays within the intentions of SEC Rule 2a-7 with a goal of providing safety, liquidity and yield.
With prime funds though, there is more risk in return for the higher returns offered. For instance, the Dreyfus Money Market Fund, which is part of Bank of New York Mellon, has some $2.4bn...
Explore Perspectives ; Fed Thoughts: A Drama in Three Acts ; Fed Thoughts: Will the Fed Swipe Left or Right? ; Fed Thoughts: The Natural or Neutral Rate of Interest, or R* in Brief
[1] Money market funds are managed with the goal of maintaining a highly stable asset value through liquid investments, while paying income to investors in the form of dividends. Although...