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/FUNDS/EGBS: Fitch Ratings' analysts Greg...>

US TSYS
US TSYS: /FUNDS/EGBS: Fitch Ratings' analysts Greg Fayvilevich and Alastair
Sewell said that "liquidity will remain a key focus for investors in 2018, with
fund managers in the US continuing to conservatively manage their portfolios to
avoid triggering liquidity fees or redemption gates, likely targeting roughly
40% weekly liquidity."
- "European funds will build liquidity as European money fund reform approaches
and funds begin to transition," they said. "Fitch Ratings' expectation of funds'
maintenance of appropriately high liquidity supports our Stable Outlook."

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