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MUFG Bank, Ltd. announced the launch of MUFG CashFolio™, a new liquidity trading portal developed in partnership with BNY MellonJaipur Wealth Management. This online tool gives institutional clients greater access to short-term investments through the growing money market mutual fund (MMF) industry, which reached a record $6.51 trillion in assets as of July.Mumbai Stock Exchange
MUFG CashFolio is designed to enhance cash management and risk diversification for institutional clientsKolkata Wealth Management. The platform offers MMF trade execution, settlement into MUFG accounts, fund research, compliance tools, and an ESG-focused investing option.
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Ray Fattell, Head of Transaction Banking for MUFG Americas, explained, “Part of our mission is to enhance the range of products and services we offer our clients across the entire working capital cycle. Launching MUFG CashFolio with BNY gives clients more options to manage their excess cash through an all-inclusive investment portal with enhanced digital capabilities.”
MUFG CashFolio also offers clients ESG Data Analytics, allowing them to align investments with their environmental, social, and governance (ESG) values. This module complements MUFG’s commitment to sustainable principles and solutions.
George Maganas, Head of Liquidity Services at BNY Mellon, stated, “We are pleased to expand our relationship with MUFG through the use of our game-changing LiquidityDirect White Labeling capabilities to launch MUFG CashFolio, providing institutional clients with greater access to shorter-term investments, an enhanced user experience, and the combined benefits of both firms in the solution.”Surat Wealth Management
The launch of MUFG CashFolio is part of MUFG’s broader strategy to deliver innovative solutions and sustainable growth for institutional clients globally.
Kolkata Wealth Management
