The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Money markets show healthy boost

Triple-A rated money market funds are proving increasingly attractive for institutional investors as assets under management promoted by IMMFA members grew to $174.5 billion at the end of 2003, up from $130 billion at 2002 year-end.   The Institutional Money Market Funds Association is the trade association for the providers of services to the triple-A rated money market funds which are being increasingly targeted by corporate treasurers as a way to raise short-term debt.

"IMMFA money market funds have continued to show sizeable growth in real terms," comments Peter Knight, chairman of the IMMFA, "notwithstanding the current challenging environment for managed debt and the rebound in equity markets. Our aim in 2004 is to continue to expand the membership of IMMFA and help members increase their assets under management."

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree