The European Securities and Markets Authority (ESMA) has revealed that professional investors own more than 90% of the EU’s undertakings for collective investment in transferable securities (UCITS) in its first EU Money Market Funds (MMFs) Report, published on Wednesday 8 February. With this report, ESMA provides a comprehensive overview of the EU MMF market for the first time based on supervisory information collected by National Competent Authorities (NCAs) and ESMA.
According to ESMA,...