Structural Market Differences Drive Growth of World's Two Largest Money Funds
Banking & Financial Services / China / Wed 13 Dec, 2017
The world's two largest money market funds have both grown rapidly, but for very different reasons. These funds' profiles illustrate structural risk differences between their respective markets.
China's Yu'E Bao (which translates into "leftover treasure") is the world's largest money market fund (MMF), with CNY1.56 trillion (USD233 billion) in