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ING Investment Management Europe (ING IM) announced that its flagship money market fund has achieved an AAAmf Principal Stability Fund Rating from Moodys. The ING (L) Liquid Euro Fund achieved the highest possible ranking by satisfying the newly developed criteria set by the credit rating agency. Wim Veraar, Head of Money Markets, ING Investment Management commented: Receiving this rating from Moodys is a fantastic endorsement for our fund and we are delighted to receive it. ING (L) Liquid Euro fund is highly liquid, meaning that clients have the possibility to enter or leave the fund with same day value. This liquidity is facilitated by ensuring that a minimum of cash (at least 20%) is left on overnight deposits and that the percentage of less liquid assets...
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