The weak points of money market funds despite rare runs

In a field full of players eager to impress the investing public, disruptive redemptions are a real possibility.

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Assets in money market funds (MMFs) have soared to record levels, drawing investors with their safe haven appeal and yield advantage over bank deposits.

Over time, the sub-sector has become top heavy - it’s the nature of markets to concentrate into a few hands. Only five players account for 70 percent of the total asset under management. Is this a real vulnerability?

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Note: The results are not exact but very close to the actual.