DB Advisors looks to absorb SLI money market assets

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EUROPE - DB Advisors could win up to $12bn ($17bn) in money market fund assets from rival Standard Life Investments after SLI's partial withdrawal from the sector over regulatory concerns.

Standard Life Investments became the latest manager to quit its constant-NAV money market funds on the grounds it does not offer banking products to its clients. Global regulators are considering u...

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