JPMorgan Chase & Co.'s asset-management division will begin disclosing to investors the amount of liquid assets held in its U.S. money-market-mutual funds each day on its website, the Wall Street Journal reported today. Investors will be able to view each fund's percentage of assets that are liquid on a daily and weekly basis, a move JPMorgan is making to increase transparency in its funds. The decision follows moves by money managers like JPMorgan, Goldman Sachs Group Inc. and BlackRock Inc. earlier this year to begin disclosing the values of their funds daily to investors rather than monthly. The transparency of money-market funds is one of the issues the Securities and Exchange Commission is hoping to tackle as part of recently proposed new rules regulating the $2.6 trillion industry.
