Office Of Financial Research Update: "Private Fund Data Shed Light On Liquidity Funds"

The OFR released today a brief, "Private Fund Data Shed Light on Liquidity Funds." This brief analyzes for the first time new confidential data on liquidity funds collected by the Securities and Exchange Commission on Form PF. Liquidity funds generally invest in short-term assets and have portfolios structured to meet investors’ near-term liquidity needs. Compared with prime money market funds, liquidity funds hold assets with relatively longer maturities, have larger holdings of Treasury securities, and invest in a broader range of asset classes.

The brief is posted at: http://financialresearch.gov/briefs/

The OFR home page is at: http://financialresearch.gov