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The Performance Of Mutual Funds In The Period 1945-1964

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You may monitor the market yourself, though at larger firms you’ll be able to rely on the assistance of the money market trading desk. The traders on the desk will contact broker-dealers to review their in- ventory of securities and keep them familiar with the needs of your funds. They’ll also be in touch with corporations interested in issuing commercial paper directly to the buyers, without a broker-dealer as an intermediary. The traders will also help out by monitoring the daily cash needs of the fund. They’ll keep on top of which securities will be maturing that day, then add or subtract net shareholder inflows or outflows. (See...
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The Performance Of Mutual Funds In The Period 1945-1964

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