REUTERS: Goldman Sachs poured more than US$1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, according to a filing with the US securities regulator.
The bank repurchased securities from its two funds on Thursday after investors withdrew a net US$8.1 billion from them during a four-day stretch, according to the disclosure. During that four-day stretch, investors made US$6.84 billion in net withdrawals from the fund, Goldman disclosures show. If a prime fund's weekly liquidity level falls below 30 per cent, SEC rules give its board discretion to introduce redemption fees of up to 2 per cent to slow down investor withdrawals. They can also put up gates for up to 10 business days.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше: