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Part 3 Comparative Analysis, 9 Money Market Funds outside the EU and the US

Viktoria Baklanova, Joseph Tanega

From: Money Market Funds in the EU and the US: Regulation and Practice

Edited By: Viktoria Baklanova, Joseph Tanega

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 01 February 2023

Money market funds (MMFs) — Shareholder
9.01 Since money market funds came into existence in the early 1970s in the US, other countries around the world have developed their own version of these funds. According to the worldwide assets under management statistics collected by the Investment Company Institute, 42 countries currently host money market funds with total assets under management of over $4.6 trillion.1 The US and European markets command the largest share of the worldwide assets, with 55 per cent and 29.4 per cent, respectively. Figure 9.1 illustrates an allocation of money market fund assets...
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