There’s a $300 Billion Exodus From Money Markets AheadBy
Final wave of cash set to move from prime, muni funds
Shift seen before Oct. 14 compliance date for floating NAVs
With a seismic overhaul of the $2.6 trillion money-market industry weeks away from kicking in, money managers are bracing for a last-minute exodus of as much as $300 billion from funds in regulators’ cross hairs.
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