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Fear over money market reforms subsides

JP Morgan Asset Management liquidity chief says investors have grown more confident that reforms won’t be an 'unmitigated disaster'

Fears that pending reforms of the money markets would harm appetite for the $4.6 trillion sector look to have subsided, with more than three quarters of investors remaining committed to the asset class, according to a new report.

Some 83% of corporate treasurers and cash investors plan to maintain or increase their allocations to money market funds over the coming year, according to a global survey published on November 12 by JP Morgan Asset Management.

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