US money market funds cut fees to stop investors losing money - Business Insider

to financial-crisis level at between 0% and 0.25% during the heat of the pandemic in mid-March as the US went into lockdown mode, and the coronavirus hit all sectors of the economy.

Although returns on short-term Treasury instruments remain negligible, worried investors are still flocking to invest their cash into money market funds, which are generally low return, but extremely low risk. That huge flow has led asset managers in the industry to buy debt with near-zero yields, significantly pulling down overall returns.MORGAN STANLEY: Buy these 23 high-growth stocks that look poised to deliver market-beating returns over the long term

Three firms that handle some of the largest short-term debt funds in the US have already cut fees on many products, the FT said. These are: Federated Hermes, Fidelity, and TIAA-CREF.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Tom Brady is selling his highly customized Cadillac Escalade for $300,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. look like a funeral car In my country this car would be used by Funeral Parlours only 🤣🤣 Looks more like a hearse.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

LendingArch is expanding to the US - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »