Triple A rated MMFs look east for positive yields

By Jonathan Breen
23 Oct 2014

Faced with negative yields, lack of supply and an influx of cash, triple-A rated money market funds have had to broaden their outlook to generate positive returns and, for some, Asia offers the solution.

The number of Asian supranationals and agencies issuing euro commercial paper has grown and will keep growing, as long as they can stay attractive compared with their European peers, Menno van Eijk, senior portfolio manager at ING Investment Management, told GlobalCapital.

“There will be ...

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