- Liquid asset money market fund will also calculate NAV's at the close of each day.
- Changes will be effective from January 14th.
- Will not change the funds existing objective to maintain USD 1.00 stable NAV.
Analysis details (17:46)
- Earlier news that Goldman Sachs Asset Management (GS) are to disclose daily net asset value for US-domiciled commercial paper money market funds, expected to follow next week.
09 Jan 2013 - 17:42 - - Source: Newswires
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: