| JPMorgan Prime MM Capital (CJPXX) | 3.69 |
| Federated Hermes Inst Prime Obligs IS (POIXX) | 3.68 |
| Morgan Stanley Inst Liq Prime Inst (MPFXX) | 3.67 |
| BlackRock Lq TempCash Inst (TMCXX) | 3.66 |
| Western Asset Prem Inst Liq Res Capital (WAAXX) | 3.63 |
| Morgan Stanley IL Liq MMP Wealth (MWMXX) | 3.71 |
| Invesco Premier Institutional (IPPXX) | 3.69 |
| JPMorgan Liquid Assets Capit (CJLXX) | 3.68 |
| Allspring MMF Prm (WMPXX) | 3.68 |
| Federated Hermes Prime Cash Oblig WS (PCOXX) | 3.65 |
| Vanguard Municipal MMF (VMSXX) | 2.78 |
| Federated Hermes Muni Oblig WS (MOFXX) | 2.73 |
| JPMorgan Municipal MM Inst (IJMXX) | 2.66 |
| Schwab NY Municipal MF Ultra (SNYXX) | 2.66 |
| Goldman Sachs Inv Tax-Ex MMF In (FTXXX) | 2.64 |
Money Market News
MORE NEWS »
Reuters writes "UK to tighten money market fund rules by end of year." The article explains, "Britain will impose tougher rules later this year on money market funds, which have been a focus of regulators since market turmoil in March 2020, when they were hit by heavy redemptions during a COVID-19-induced 'dash for cash'. Legislation will establish a new regulatory framework with the expectation that the 300 billion pound ($405 billion) sterling money market fund sector will hold more liquid assets, the government said in a statement [earlier this month]." (See our May 18 News, "EC Report Proposes Higher Weekly Liquidity Levels for European MMFs;" our May 15 News, "European Money Fund Assets Inch Down to $1.67 Tril; MFI Intl Holdings," which says, 'The FCA, which regulates markets in the U.K., published a policy paper titled, 'Reforms to Money Market Fund Regulations;'' and our May 26 News, "European Money Fund Symposium Heads to Paris, Sept. 24-25; CD Events.")
Inside Money Fund Intelligence
MFI PDF February 2022 Issue |
Largest Money Fund Managers |
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 The February 2022 issue of Money Fund Intelligence features: "Fee Waivers Poised to Shrink, MMF Revenue Ready to Jump," which discusses recent earnings calls and expectations for Fed hikes to remove waivers; "Money Fund University '22 Highlights: Supply, New Regs," which quotes from our latest basic training conference; and, "Swing Pricing Main Focus in SEC's Money Fund Reforms," which covers articles explaining the SEC's controversial fee proposal. Each monthly issue of Money Fund Intelligence features news, performance information and rankings on money market mutual funds. Statistics include: assets, weighted average maturity, weighted average life, expense ratio, 7-day yield, 30-day yield, 1-year, 3-yr, 5-yr, 10-yr, and since inception return, as well as 7- and 30-day gross yields. MFI also contains tables of the top-yielding and the largest money funds, and our benchmark Crane Money Fund Indexes. Subscriptions are $500 a year, and include online access to archived issues and additional features. Bulk discounts and site licenses are available. Write info@cranedata.com or call 1-508-439-4419 to subscribe or to request more information. |
 The table below is excerpted from our monthly spreadsheet product, Money Fund Intelligence XLS. It shows the largest money market mutual fund managers as of January 31, 2022. (MFI XLS contains percentile rankings, fund family rankings, MNAVs, WLA, portfolio composition, and more). 
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About Crane Data LLC
Crane Data is a money market and mutual fund information company founded by Peter G. Crane and Shaun Cutts. We collect money market mutual fund, bank savings, and cash investment performance, statistics, and information and distribute rankings, news, and indexes.
Crane Data publishes Money Fund Intelligence, Money Fund Intelligence XLS, Money Fund Wisdom, the Crane Money Fund Indexes, and a series of products tracking money markets, mutual funds and cash investments. We also produce conferences, including Crane's Money Fund Symposium. For more information and samples, e-mail info@cranedata.com or call us at 1-508-439-4419.
Link of the Day
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May 28
SoFi Launches SofiUSD Stablecoin
A press release titled, "SoFiUSD Becomes the First Stablecoin Issued by a US National Bank to Launch on a Banking Platform," tells us, "SoFi Technologies, Inc. (SOFI) ... announced that SoFiUSD, a bank-issued U.S. dollar stablecoin, is available for SoFi members to buy, sell, hold, and convert directly within the SoFi app. This marks the first time that a U.S. national bank-issued stablecoin is available directly on a banking app. By expanding SoFiUSD to its nearly 15 million members, SoFi is building the bridge between traditional banking and digital assets. By integrating blockchain technology within its banking ecosystem, SoFi is helping to make digital financial tools more accessible, practical, and trustworthy." Anthony Noto, CEO of SoFi, comments, "At SoFi, we believe we can combine the speed and versatility of the blockchain with the trust of a bank to improve how money moves around the world. People no longer have to choose between blockchain technology and regulated banking products. With SoFiUSD, we're giving our members a single place to buy, hold, and pay with digital assets in the same app they already use to save, spend, borrow, and invest." The release says, "SoFiUSD is the first stablecoin issued by a U.S. national bank and offers: 1:1 Redemption: SoFiUSD is redeemable 1:1 for U.S. dollars from SoFi Bank. SoFi Bank maintains liquid assets to support all outstanding SoFiUSD. Bank-Grade Safeguards: Members benefit from the transparency of a regulated institution, including regular attestations that are performed by an independent Certified Public Accountant (CPA) licensed in the United States. Multi-Chain Flexibility: SoFiUSD is available on Ethereum and …
People
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May 04
Hoppe Retiring from Minneapolis
Allen Hoppe is retiring from the City of Minneapolis. Dave Wheeler will take over as Senior Manager. We wish Allen all the best in retirement!
Apr 06
Ryan Joins Barclays; Collins Leaves
Cory Ryan joined Barclays to head NY Sales. He was previously with Jefferies. Meanwhile London-based Steve Collins is no longer with Barclays.
Mar 03
Cloherty Joins CIBC
Mike Cloherty has joined CIBC as Head of US Rates Strategy. He was previously with UBS.
Crane Data News & Features
contact us »Bond Fund Symposium Going to Calif.
Please join us for our next live conference, Bond Fund Symposium, which will take place in person March 28-29, 2022 in Newport Beach, Calif. Bond Fund Symposium focuses on ultra-short bond funds and investing beyond money market funds. Also, mark your calendars for our next big show, Money Fund Symposium, which is scheduled for June 20-22, 2022 in Minneapolis, Minn., and for our next European Money Fund Symposium, which is scheduled for Sept. 27-28, 2022 in Paris, France. Finally, thanks to those who attended and supported our recent Money Fund University. We'll hold our next MFU on Dec. 15-16, 2022 in Boston, Mass. Watch for details in coming months. Let us know if you'd like more information on any of our shows, and we hope to see you back out on the road soon! Note that conference recordings and materials are available to conference attendees and Crane Data subscribers at the bottom of our "Content" page.