​ More New Money Funds In Pipeline From Old Mutual, Putnam, SEI, UMB. There have been a number of recent SEC filings for new money market funds, and several of these are preparing to go live. Old Mutual appears ready to launch with Old Mutual Cash Reserves (​Institutional and Retail class). Putnam Investments has filed to launch a number of classes (​including an Institutional) for Putnam Municipal Money Market. Putnam Muni MMF is expected to launch August 15. SEI Investments has filed to launch SEI SIMT Prime Obligation. UMB Scout Funds is launching Service classes on their Federal, Prime and Tax-​Free money funds, which are scheduled to debut July 17 and will be used for sweep investment cash. UMB also plans to file for an Institutional class later this year.

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