announced that it was closing and liquidating its Prime Money Market Fund, a $12 billion professional ... Evergreen money market funds." One Evergreen fund had a $300 million exposure to Lehman.
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. How do you choose the best money market mutual funds?
About $369 billion net has flowed into money-funds since mid-March, and at the same time, money market funds stopped having to discount their fees to retain business. That combination propelled ...
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. The best money market accounts (MMAs) offer high rates ...
Data from Refinitiv Lipper showed investors purchased a net $42.68 billion worth of money market funds in the week to April 26, taking the cumulative inflows for the year to a massive $427.4 billion.
While investors purchased a net $5.8 billion of mutual funds and exchange-traded funds over the period, money-market purchases were entirely responsible for the overall inflow: Money market funds ...
In April, Canadian Fixed Income ETFs experienced a substantial inflow of $2 billion, with approximately $1.1 billion directed towards Money Market ETFs ... that around $300-million flowed out ...
Cash is king," or so the saying goes. When markets crash, it is cash and cash-like assets that investors flee toward. While the most paranoid of savers may stash cash under their ...
With interest rates higher than they’ve been in some time, savers and investors are once again able to earn decent rates of return in relatively safe investments such as money market funds.
While investors purchased a net $5.8 billion of mutual funds and exchange-traded funds over the period, money-market purchases were entirely responsible for the overall inflow: Money market funds ...