Cash & Liquidity Management

‘Cost, Convenience and Compliance’: The Critical Third Album for Money Market Funds

Long-standing TMI readers may remember last year’s Money Market Fund Guide in which we speculated whether money market funds were likely to remain an American Idol or become a global superstar. For those already bewildered: will the success of money market funds in the United States and increasingly Europe become more universal? Simon Cowell’s Pop Idol and X-Factor franchises have now extended to over 30 countries with American Idol, Idols West Africa, Indian Idol, Philippine Idol, Nouvelle Star, Deutschland sucht den SuperStar (not quite as catchy as some), Singapore Idol, and Ídolos Brazil to name just a few. Like Idol, money market funds have become well-accepted in Europe, particularly the UK,

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