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17.08.2015 21:15:00
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Moody's: Euro money funds record 21% drop in AUM as negative yields take their toll
New York, August 17, 2015 -- Euro money market funds' (MMFs) assets under management (AUM) hit their lowest level in twelve months in the second quarter of 2015 and registered a drop of 21% to EUR54 billion. GBP- and USD-denominated MMFs also experienced a fall in AUM in Q2, albeit to a lesser extent, with a 6.4% and 5% decrease, respectively.
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