Funds Europe recently spoke with Alastair Sewell of Aviva Investors, who believes tokenisation has the potential to spark growth in the money market funds sector.
Over 150 years, the funds industry has seen milestones including the invention of collective investment schemes, mutual funds, money market funds (MMFs) and ETFs. Tokenisation could prove to be the next one due to the great potential for increased efficiencies, faster processes and greater access to markets for many investors.
Alastair Sewell, investment director at Aviva Investors, describes these benefits as “powerful tectonic changes, particularly at a time of significant wealth transfer”.
Tokenisation could also drive growth in the MMF industry, says Sewell.
