Investors pour $286 billion into money market funds amid bank fears

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Investors have poured $286 billion into money market funds this month as the bank crisis raises fears about deposit safety

"We are seeing shifts into money market funds by every segment of investor," Goldman Sachs Asset Management Ashish Shah told FT.

Such funds have become increasingly attractive as high interest rates boost returns on safe assets relative to stocks and other investments. And though data shows that institutional investors are leading the shift to money market funds, retail investors are also getting involved. Investors are especially focusing on funds holding government debt, commonly seen as the safest investment and increasingly offering relatively high returns. This month, short term US government bond yields reached a

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