The May issue of Crane Data's Money Fund Intelligence was e-mailed to subscribers Monday morning, along with our April 30, 2012 monthly performance data and rankings, our Money Fund Intelligence XLS monthly spreadsheet, our Money Fund Wisdom database query website and our Crane Index money fund averages series. (Our monthly Money Fund Portfolio Holdings with 4/30/12 data will be distributed on the 8th business day, May 10.) The new edition of MFI features the articles: "Stalemate: MMF Reform Stalls, Despite Fed Push," which discusses the new thinking that regulations may not be coming; "Thrivent's Bill Stouten Says Softer Rhetoric Warranted," our monthly fund "profile" which interviews Thrivent Money Market Fund manager William Stouten; and, "Donahue Blasts Falsehoods Spread by Regulators," which excerpts the Federated President's recent corrections to the money fund regulatory debate.
Our lead piece says, "Though SEC Chairman Mary Schapiro, Fed Chairman Ben Bernanke and other regulators continue to push for additional money market reforms, it seems the tide has turned against them as of late. Both The Wall Street Journal and Bloomberg report that it's unlikely that the regulation changes being discussed since late last year will even make it to the proposal stage."
The Thrivent Profile, which we'll excerpt later this month, tell us, "This month Money Fund Intelligence interviews Thrivent Asset Management Senior Portfolio Manager William Stouten, who oversees the $545 million Thrivent Money Market Fund as well as a number of other cash pools on behalf of parent company Thrivent Financial for Lutherans. We discuss the challenges of being a smaller sized manager in the current environment."
The third feature piece in our monthly says, "In their most recent quarterly earnings call, Federated Investors' President & CEO Chris Donahue addressed "myths" surrounding the debate over money fund reform. We excerpt from his comments below."
The May MFI also contains monthly News, Indexes, top rankings and extensive performance tables. E-mail info@cranedata.us to request the latest issue. Subscriptions to Money Fund Intelligence are $500 a year and include web access to archived issues and fund "profiles". Additional users are $250 and bulk pricing and "site licenses" are available. Crane Data's other products include: Money Fund Intelligence XLS ($1K/yr), MFI Daily ($2K/yr), Money Fund Wisdom ($4K/yr), MFI International ($2K/yr), and Brokerage Sweep Intelligence ($1K/yr).
Finally, note that Money Fund Intelligence and Crane Data celebrates their 6th Birthday this week. We'd like to take this opportunity to thank all of our readers and subscribers!
