Copying and distributing are prohibited without the permission of the publisher. If you wish to distribute this content please contact Christopher Hunt (email@example.com) for a quote.
Subscribe today: Order Euromoney by contacting us on +44 (0)20 7779 8999 (UK) or +1 212 224 3570.
Money market funds compete with bank deposits for corporates’ surplus cash
Companies are holding record levels of cash – but with a growing focus on counterparty risk, and the deposit tax introduced in Cyprus, deciding where to put that cash is more delicate than ever. While money market funds hold some allure, a growing regulatory burden is tempering corporate treasurers’ shift to the product.
To receive similar stories, sign up for Regions and emerging markets emails.