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Northern Trust shutting fund in latest prime money market stress

Northern Trust Corp said it will liquidate a $1.8 billion prime money market fund, one of a number to come under stress this year as investors withdraw cash. [Source]

Publication Date:

Origin: reuters.com

Category: PersonalFinance

Topics: stress, market, money, prime, Trust, Northern, withdraw, investors, under, number, billion, liquidate, latest, shutting

Source: http://feeds.reuters.com/~r/news/wealth/~3/wbbabvJB2FI/northern-trust-shutting-fund-in-latest-prime-money-market-stress-idUSKBN22W20X

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