News list for " caused investors to"

Assets in US money market funds hit a new high after a global sell-off in risky assets last week led investors to cash out, as money flocked further into high-quality assets. About $28.40 billion flowed into US money market funds in the week to August 14, taking total assets to an all-time high of $6.22 trillion, according to the Investment Company Association. Retail investors have flocked to money funds since 2022, when the Federal Reserve began one of its most aggressive tightening cycles in ...

2024-08-15 20:38:59