MONEY market funds have registered mixed results during the recent market turbulence and their managers are now divided on the outlook, according to Standard & Poor's Fund Services.
"Of 11 funds rated by S&P, nine were able to preserve cash in 2007," said analyst Irina Schoenberg, highlighting the Commerzbank Money Market Fund Euro as the best performer. In the three months to the...
Joined as head of strategy, multi asset, in June
Group income protection
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body