Browsing CategoryMoney Market Funds

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This post was originally published on this site. HSBC Asset Management has launched ETF share classes for its HSBC Sterling Liquidity and Euro Liquidity Funds, becoming the first asset manager in Europe to introduce ETF wrappers within existing EU-regulated money-market funds. The development gives allocators a new listed route into…

This post was originally published on this site. MORGANTOWN, W.Va. — The City of Morgantown Finance Department has been given the formal go-ahead to move portions of funds saved in money market accounts to the West Virginia Board of Treasury Investments Consolidated Fund. The Morgantown City Council passed a resolution…

This post was originally published on this site. US money-market funds have now surpassed $8 trillion in assets under management, hitting a record milestone for an industry that has seen growing popularity among investors seeking strong yields. According to Crane Data, a money-market and mutual fund research firm, assets rose…

This post was originally published on this site. The cash pile sitting inside US money‑market funds has officially smashed through $8 trillion, with no slowdown in sight. That number jumped by $105 billion in just one week through Monday, a fresh all-time high, according to Crane Data. The rush into…

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