Global money market funds obtain highest inflows in 14 weeks - Lipper

  • 📰 Reuters
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Investments into money market funds surged to the highest this year in the week ended March 31, as investors favoured safety amid a fall in bond prices and fresh lockdowns in Europe, with the region grappling to contain a rising number of coronavirus infections.

FILE PHOTO: Rolled Euro banknotes are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

On the other hand, equity funds obtained inflows of $17.6 billion, the lowest in three weeks, pressured by a surge in U.S. bond yields. In the last week, equity inflows were led by the financial sector which saw a net buying of 2.37 billion, while industrial sector received $1.1. billion, the biggest in four weeks.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

मोदीजी_नक्सलियों_को_साफ_करो

생태탕---양심선언을 하고 한숟가락이라도 떳떳하게 먹어보세요--약또는 독--마음먹기에 달린듯 발통가격은 꼭 내세요--좀더떳떳하세요 불법물품은 쓰지를 마세요-- 불법물품에 의한 편의성 이득은 없지요--꼭 정품을 쓰세요

Singapore Singapore Latest News, Singapore Singapore Headlines