J.P. Morgan Steps Up Money Fund Disclosures

June 17, 2013, 3:20 p.m. EDT 1 Min Read

J.P. Morgan Asset Management's U.S. money market funds will begin disclosing their daily and weekly liquid assets online each business day as of the prior business day, effective June 18, 2013, according to the firm.

The announcement follows J.P. Morgan’s decision to disclose its money funds’ daily market-based net asset values per share in January.

"Providing investors with timely and easy access to daily and weekly liquidity information about money market funds helps investors develop a better understanding of how market movements impact liquidity fluctuations," stated John Donohue, chief investment officer, J.P. Morgan Asset Management Global Liquidity.

"This will allow investors to make more informed decisions about their investments."

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