DB Advisors could win up to $12bn (£7.4bn) in money market fund assets from rival Standard Life Investments after SLI's withdrawal from the sector over regulatory concerns.
Standard Life Investments became the latest manager to quit its money market funds on the grounds it does not offer banking products to its clients. Global regulators are considering ushering Treas...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders