During the COVID-19 lockdown prime money market funds (MMFs) suffered huge outflows. Conversely, in quarter two MMFs attracted EUR 136 billion in net new money – the largest inflow ever observed on a quarterly basis.
Over the same period Calastone commissioned an independent piece of research that revealed MMF investors want to optimise returns by finding yield and cutting investment process costs. In fact, many feel they are being held back by investment process complexity and the many frictions within it.
Join Simon Keefe, Global Head of Product at Calastone on this short webinar where he will use our latest research to highlight where MMF investors want the industry to modernise – automate and digitise – and serve them better.