BlackRock, J.P. Morgan To Post Money Fund NAVs
January 10, 2013
One day after Goldman Sachs announced that it was publishing daily “shadow values” of its money funds, J.P. Morgan Funds and BlackRock are also planning to publish net asset values for their own money funds.
According to a regulatory filing J.P. Morgan Funds will post NAVs for its JPMorgan Prime Money Market Fund, JPMorgan Current Yield Money Market Fund and JPMorgan Liquid Assets Money Market Fund starting Jan. 14 “for informational purposes only.”
And BlackRock is reportedly following suit with its own daily money fund NAVs on Jan. 16.