Reyer Kooy has been appointed as the chair of the Institutional Money Market Funds Association (IMMFA), the trade association that represents constant net asset value money market funds.
Kooy is head of institutional liquidity management, Europe, the Middle East and Africa (Emea) and Asia business, for Deutsche Asset & Wealth Management (Deutsche AWM) and has been with Deutsche for nearly five years.
Prior to joining Deutsche AWM, Reyer was head of Emea for a similar business at Credit Suisse, and also worked at JP Morgan for 12 years.
Reyer has represented Deutsche AWM on the board of the IMMFA since June 2012, and has also acted as its treasurer.
The outgoing chair is Jonathan Curry, of HSBC Global Asset Management.
The IMMFA has 20 members that operate funds and a number of associate members. The assets under management of the members were more than €580 billion as at March 31, 2015, and make up just over 50% of money market fund assets under management in Europe.
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