This page contains links to materials from Crane's Money Fund Symposium 2019. These files are available for download to attendees and Crane Data subscribers, but they should not be shared without permission. If you have problems with any downloads or questions on this information, please contact us at info@cranedata.com or 508-439-4419.
| Full Conference Binder |
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| mfs0619binder.pdf |
| Crane, McCusker, Roever: The State of the Money Fund Industry & MMs |
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| mfs0619roever.pdf |
| mfs0619crane.pptx |
| mfs0619state.MP3 |
| Holland, Hooker, Tu: Brokerage Sweep: Deposits vs. Money Funds |
| mfs0619swep_1.MP3 |
| mfs0619crane2.pptx |
| mfs0619hooker.pptx |
| Callagy, Fayvil, Masih: Risks & Ratings: Credit, Liquidity & NAV Moves |
| mfs0619risks.MP3 |
| mfs0619masih.pptx |
| mfs0619fayvil.pptx |
| mfs0619callagy.pptm |
| Hopkins, Weaver, Yi: Major Money Fund Issues 2019 |
| mfs0619majr.MP3 |
| Cabana, Abate, Chadie: Strategists Speak ’19: Fed & Rates, Repo & SOFR |
| mfs0619strat.MP3 |
| mfs0619chadie.pptx |
| mfs0619abate.pptx |
| mfs0619cabana.pptx |
| Bean, Cunningham, Plotnik: Senior Portfolio Manager Perspectives |
| mfs0619senio.MP3 |
| Misra, Ackermann, Bird: Government & Treasury Money Fund Issues |
| mfs0619govt.MP3 |
| Meehan, Vetter, Saroya: Muni & Tax Exempt Money Fund Update |
| mfs0619saroya.pptx |
| Cutler, Flynn, Ro: Dealer’s Choice: Supply, New Securities & CP |
| mfs0619flynn.pdf |
| Martucci, Pope, Carroll: SMA & Ultra-Short Update |
| mfs0619sma.MP3 |
| mfs0619carroll.pptx |
| mfs0619martucci.pptx |
| mfs0619pope.pptx |
| Hunt, Pan, Gilligan: Corporate Liquidity & Investor Issues |
| mfs0619corp.MP3 |
| mfs0619hunt.pptx |
| Katzenbach, Keltner, Messerly: Treasury & FICC Repo Update; Agency Issuance |
| mfs0619treas.MP3 |
| mfs0619messerly_1.pdf |
| mfs0619keltner.pdf |
| Aherne, Curry, Sewell: European Money Funds After Reforms |
| mfs0619europe.MP3 |
| mfs0619sewell.pptx |
| Crane, Fortuna: Technology, Software & Portal Issues |
| mfs0619tech.MP3 |
| mfs0619crane3.pptx |
A press release titled, "Airwallex Expands High-Yield Treasury Offering to U.S. Businesses; Surpasses US$1 Billion in Global Assets Under Administration," tells us, "Airwallex, a leading global financial platform for modern businesses, ... announced the U.S. launch of Yield, a treasury solution designed to help businesses optimize returns on idle cash. With Yield, customers can quickly and seamlessly move funds from their Airwallex cash balances into a AAA-rated money market fund managed by J.P. Morgan Asset Management, with the opportunity to earn returns that outperform traditional bank savings." It explains, "Since its initial debut in Australia just over two years ago, Yield has seen rapid global adoption, recently surpassing US$1 billion in global assets under administration. Usage data highlights the specific drivers behind this growth: SME Market Traction: This momentum is driven by small-to-medium enterprises with less than $10M in annual revenue, demonstrating that institutional-grade returns are a critical priority for the segment. Operational Simplicity: Customers are using Yield as a 'set and forget' account, treating it with the ease of a traditional savings account to ensure their idle funds are consistently productive. Managing Global Volatility: The majority of these funds are held in USD, as companies increasingly seek to protect capital against local currency volatility and macro-economic uncertainty." Jack Zhang, co-founder and CEO of Airwallex, comments, "Topping $1 billion is a testament to the demand for a new kind of banking experience -- one that is global, digital-first, and institutional-grade. With the launch of Yield in the U.S., we …