Liquidity funds: Prime time for Prime Rate

Straightforward, vanilla money market funds have suddenly become topical.

Described by one participant as “the bit of the business that used to be boring but isn’t any more”, the funds, also known as liquidity funds, have benefited from many recent events, contrived and otherwise. Consequently, they could now be poised for quite a substantial acceleration in growth.

“The size of the European liquidity fund market has gone up 500 times in a decade,” says Chris Oulton, chief executive of Prime Rate, a new venture that is offering the first UK registered triple-A-rated liquidity fund.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access