We examine the influence of the zero decrease sure interest rate coverage on the commercial organization of the U.S. cash fund industry. We discover that in response to insurance policies that preserve low interest rates, money funds: change their product offerings by investing in riskier asset lessons; are more likely to exit the market; and cut back the charges they cost their traders. The consequence of fund closures resulting from interest rate policy is the relocation of sources in affected fund families and within the asset management business usually, in addition to decline in capital of issuers borrowing from money funds.
That is the place I wish to introduce you to my hope for FinTech. It’s comparatively new in Singapore however it’s starting to gain traction here. I have been reading articles on FinTech in Singapore and exploring the websites of among the start-ups. This idea of Software Programming Interfaces … Read more