Brandon Smeilof

Brandon Semilof

Managing Director, StoneCastle

Blog

Importance of Diversification with Operating Cash Back in the Spotlight

Prime money market mutual funds are once more on the ropes, Fidelity just closed certain of its treasury money funds to new investors, and many government funds are holding repos, which have their own associated risk. While not yet quite a repeat of 2008, where credit events led to the Reserve Primary Fund...