LVNAVs to Take Centre Stage Post-Reform
Banking & Financial Services / Europe / Thu 05 Jul, 2018
We expect low volatility net asset value (LVNAV) funds to be the largest European money fund segment once European money fund reforms are fully effective. Irrespective of the outcome of the recent regulatory discussion on LVNAVs denominated in euros, volumes in sterling and US dollar transitioning to this fund type will still make it the largest