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Game On: Money Funds Disclosing Ulterior Motives


By Irene Park

January 28, 2013

Earlier this month, Goldman Sachs started the congo line, which quickly formed to include other money market fund players such as J.P. Morgan Funds, BlackRock Fidelity Investments, Federated Investors, Reich & Tang and State Street Global Advisors, all of whom have announced plans to publish the market value of assets in their funds everyday, while keeping the net asset values in their funds priced at $1 a share.

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