Investment News writes "Money funds caught between staying safe and staying around", which says, "These days, money market funds are investing only the safest securities. But rather than trust the industry to continue doing right by investors on its own, regulators are considering new policing guidelines that may result in safer money funds and fewer fund managers." It adds, "Evidence of the squeeze on money funds can be seen in the number of fund consolidations that have occurred recently. In July, Aston Asset Management LLC, formerly ABN Amro Asset Management Holdings Inc., liquidated its funds, becoming the sixth firm in two years to leave the money fund business according to consulting firm Crane Data LLC. Also closing their funds were Calamos Advisors LLC, Credit Suisse Asset Management LLC, Munder Capital Management, Utendahl Capital Management LP and Monarch Investment Advisors LLC."
