Reich & Tang, one of the longest running advisers to money market mutual funds in the world, has served our institutional clients’ liquidity and short-term investment management needs for nearly forty years. The success we share with our clients is attributable to our in-house credit research, adherence to the highest fiduciary standards, and uncompromising commitment to our clients’ need for safety, liquidity, and capital preservation.
Our enduring “credit before yield” philosophy has enabled all of our funds to provide daily liquidity and preserve capital through every economic cycle, including the crisis that began in 2008. We consider the stability of our funds during this period to be an example to which money market mutual funds should aspire. It is something of which we are enormously proud, and underscores our commitment to adding shareholder value.
As a firm dedicated solely to cash management, our ability to bring to market solutions to our customers is both relevant and forward thinking. In addition, Reich & Tang has grown to become a leading shareholder advocate, which is underscored by our decision to become the first and only money market mutual fund complex that we are aware of to publish our prime money market mutual funds’ portfolio holdings and approved issuer lists on a daily basis.